News stories about Xerium Technologies (NYSE:XRM) have trended somewhat positive this week, Accern reports. The research firm rates the sentiment of news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Xerium Technologies earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned media coverage about the industrial products company an impact score of 46.0492786441433 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Xerium Technologies (NYSE XRM) traded up 1.31% during trading on Wednesday, hitting $4.64. The company had a trading volume of 42,802 shares. The company’s 50 day moving average price is $5.27 and its 200-day moving average price is $6.44. Xerium Technologies has a 1-year low of $4.45 and a 1-year high of $8.34. The stock’s market capitalization is $75.82 million.
Xerium Technologies (NYSE:XRM) last announced its quarterly earnings data on Monday, July 31st. The industrial products company reported $0.08 EPS for the quarter, missing the consensus estimate 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 firm had revenue of $120.34 million for the quarter. On average, analysts expect that Xerium Technologies will post $0.43 EPS for the current year.
In related news, insider Mark Staton purchased 10,000 shares of Xerium Technologies stock in a transaction that occurred on Thursday, August 3rd. The shares were acquired at an average cost of $6.23 per share, for a total transaction of $62,300.00. Following the transaction, the insider now directly owns 20,000 shares in the company, valued at $124,600. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jay J. Gurandiano sold 4,000 shares of the firm’s 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 transaction, the director now owns 48,359 shares in the company, valued at $337,545.82. The disclosure for this sale can be found here. 15.40% of the stock is owned by company insiders.
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.