Spherix (SPEX) Receiving Somewhat Favorable News Coverage, Study Finds
News headlines about Spherix (NASDAQ:SPEX) have trended somewhat positive recently, Accern Sentiment reports. The research firm rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Spherix earned a news sentiment score of 0.23 on Accern’s scale. Accern also assigned media stories about the business services provider an impact score of 45.4255455657488 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Spherix (SPEX) traded down 4.3600% during trading on Monday, hitting $1.6737. The stock had a trading volume of 73,154 shares. Spherix has a 52 week low of $0.83 and a 52 week high of $4.75. The company’s market cap is $10.43 million. The company has a 50-day moving average of $1.95 and a 200 day moving average of $1.34.
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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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