Spherix (SPEX) Earning Positive News Coverage, Report Finds
Press coverage about Spherix (NASDAQ:SPEX) has trended positive recently, Accern reports. The research group identifies positive and negative news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Spherix earned a coverage optimism score of 0.28 on Accern’s scale. Accern also assigned news articles about the business services provider an impact score of 45.9139802047441 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Shares of Spherix (SPEX) traded down 0.0692% during mid-day trading on Thursday, hitting $1.5889. The company’s stock had a trading volume of 52,961 shares. The company’s market cap is $9.90 million. The company has a 50-day moving average of $1.53 and a 200 day moving average of $1.38. Spherix has a 1-year low of $0.83 and a 1-year high of $4.75.
Spherix Company Profile
Spherix Incorporated is an intellectual property company that owns patented and unpatented intellectual property. The Company is a patent commercialization company focused on generating revenues from the monetization of intellectual property. The Company acquires intellectual property from patent holders in order to maximize the value of the patent holdings by conducting and managing a licensing campaign.
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