Somewhat Favorable News Coverage Somewhat Unlikely to Impact SPX Corporation (SPXC) Stock Price
News stories about SPX Corporation (NYSE:SPXC) have been trending somewhat positive recently, Accern Sentiment reports. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. SPX Corporation earned a coverage optimism score of 0.23 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 45.7837320767104 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
SPX Corporation (NYSE:SPXC) traded down 0.85% during trading on Thursday, hitting $29.03. 234,863 shares of the stock traded hands. SPX Corporation has a 12 month low of $15.49 and a 12 month high of $29.55. The firm’s market cap is $1.23 billion. The firm has a 50-day moving average price of $25.74 and a 200 day moving average price of $25.30.
About SPX Corporation
SPX Corporation is a global supplier of infrastructure equipment. The Company operates through three segments: HVAC; Detection and Measurement, and Engineered Solutions. The HVAC solutions offered by its businesses include package cooling towers, residential and commercial boilers, heating and ventilation products.
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