Fenix Parts (FENX) Getting Somewhat Favorable News Coverage, Study Finds
Media coverage about Fenix Parts (NASDAQ:FENX) has trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Fenix Parts earned a daily sentiment score of 0.04 on Accern’s scale. Accern also gave media coverage about the auto parts company an impact score of 45.8641938531938 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Separately, Zacks Investment Research lowered Fenix Parts from a “hold” rating to a “sell” rating in a research note on Monday, July 24th.
Shares of Fenix Parts (NASDAQ:FENX) opened at 0.80 on Monday. The firm’s market cap is $16.26 million. The stock has a 50 day moving average price of $0.56 and a 200-day moving average price of $1.31. Fenix Parts has a 1-year low of $0.40 and a 1-year high of $5.38.
Fenix Parts Company Profile
Fenix Parts, Inc is engaged in auto recycling business. The Company recovers and resells original equipment manufacturer (OEM) parts, components and systems, such as engines, transmissions, radiators, trunks, lamps and seats reclaimed from damaged, totaled or low value vehicles. The Company operates through Automobile Recycling segment.
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