Somewhat Positive Media Coverage Somewhat Unlikely to Impact Systemax (NYSE:SYX) Share Price
News headlines about Systemax (NYSE:SYX) have trended somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Systemax earned a news sentiment score of 0.19 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 45.177713819321 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
SYX has been the topic of several recent research reports. TheStreet raised shares of Systemax from a “d+” rating to a “c-” rating in a research note on Wednesday, March 29th. Sidoti reaffirmed a “neutral” rating and set a $22.00 price target (up from $20.00) on shares of Systemax in a research note on Sunday, June 25th.
Systemax (NYSE SYX) traded up 0.21% during midday trading on Wednesday, hitting $19.44. The stock had a trading volume of 9,852 shares. The company has a 50-day moving average price of $18.46 and a 200-day moving average price of $12.68. The stock’s market cap is $718.39 million. Systemax has a 52 week low of $7.05 and a 52 week high of $20.67.
Systemax Inc is a direct marketer of brand name and private label products. The Company’s segments are Industrial Products Group (IPG), EMEA Technology Products Group (EMEA), and Corporate and Other (Corporate). The IPG segment sells an array of maintenance, repair and operational (MRO) products, which are marketed in North America.
Receive News & Ratings for Systemax Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Systemax Inc. and related companies with MarketBeat.com's FREE daily email newsletter.