Xerium Technologies (XRM) Receives Daily Media Impact Rating of 0.11
Media stories about Xerium Technologies (NYSE:XRM) have been trending somewhat positive on Friday, Accern reports. The research firm ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Xerium Technologies earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave news coverage about the industrial products company an impact score of 46.0076502006611 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Xerium Technologies (NYSE XRM) traded up 0.83% during trading on Friday, reaching $4.85. The company had a trading volume of 9,373 shares. The firm’s 50 day moving average is $5.56 and its 200 day moving average is $6.53. The company’s market capitalization is $79.25 million. Xerium Technologies has a one year low of $4.45 and a one year high of $8.44.
Xerium Technologies (NYSE:XRM) last issued its quarterly earnings data on Monday, July 31st. The industrial products company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.06). Xerium Technologies had a negative net margin of 6.04% and a negative return on equity of 2.20%. The company had revenue of $120.34 million for the quarter. On average, equities research analysts predict that Xerium Technologies will post $0.43 earnings per share for the current year.
In other news, Director Jay J. Gurandiano sold 4,000 shares of the stock in a transaction that occurred on Wednesday, August 2nd. The stock was sold at an average price of $6.98, for a total value of $27,920.00. Following the sale, the director now directly owns 48,359 shares in the company, valued at $337,545.82. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Mark Staton purchased 10,000 shares of Xerium Technologies stock in a transaction dated Thursday, August 3rd. The stock was acquired at an average price of $6.23 per share, for a total transaction of $62,300.00. Following the completion of the acquisition, the insider now owns 20,000 shares of the company’s stock, valued at approximately $124,600. The disclosure for this purchase can be found here. Corporate insiders own 17.70% of the company’s stock.
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About Xerium Technologies
Xerium Technologies, Inc (Xerium) is a manufacturer and supplier of over two types of consumable products used in the production of paper: machine clothing and roll covers. The Company markets its products through brands, such as Huyck Wangner, Weavexx, Stowe Woodward, Mount Hope, Robec and Xibe. The Company operates in two segments: machine clothing and roll covers.
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