Headlines about Spherix (NASDAQ:SPEX) have been trending somewhat positive on Tuesday, Accern reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources in real-time. 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 impact score of 0.17 on Accern’s scale. Accern also assigned press coverage about the business services provider an impact score of 44.8244673343804 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Shares of Spherix (NASDAQ:SPEX) opened at 1.67 on Tuesday. The company has a market capitalization of $8.25 million, a PE ratio of 0.30 and a beta of 0.90. Spherix has a one year low of $0.83 and a one year high of $4.75. The company’s 50-day moving average is $1.87 and its 200-day moving average is $1.32.
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About Spherix
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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