Somewhat Favorable Media Coverage Extremely Likely to Effect Spherix (SPEX) Share Price

Somewhat Favorable Media Coverage Extremely Likely to Effect Spherix (SPEX) Share Price

News headlines about Spherix (NASDAQ:SPEX) have been trending somewhat positive recently, Alpha One Sentiment Analysis reports. The research group, a division of Accern, scores the sentiment of media coverage by reviewing more than twenty million news and blog sources in real-time. Alpha One ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Spherix earned a media sentiment score of 0.22 on Alpha One’s scale. Alpha One also assigned media stories about the business services provider an impact score of 92 out of 100, indicating that recent media coverage is extremely likely to have an effect on the stock’s share price in the next few days.

Shares of Spherix (NASDAQ:SPEX) traded up 1.95% during mid-day trading on Thursday, hitting $1.04. The stock had a trading volume of 25,076 shares. The company has a 50 day moving average price of $1.10 and a 200 day moving average price of $1.13. The firm has a market cap of $5.14 million, a P/E ratio of 0.18 and a beta of 0.94. Spherix has a 12-month low of $0.83 and a 12-month high of $3.10.

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 TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:SPEX”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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