Spherix (SPEX) Getting Somewhat Positive Press Coverage, Study Shows

News coverage about Spherix (NASDAQ:SPEX) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by reviewing 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. Spherix earned a coverage optimism score of 0.11 on Accern’s scale. Accern also assigned news stories about the business services provider an impact score of 45.3087881703539 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

NASDAQ:SPEX traded up $0.03 during trading hours on Thursday, hitting $1.11. The company had a trading volume of 41,346 shares, compared to its average volume of 357,299. Spherix has a 52 week low of $0.90 and a 52 week high of $4.75.

About Spherix

Spherix Incorporated, an intellectual property company, owns, develops, acquires, and monetizes patented and unpatented intellectual properties. The company owns approximately 290 patents and patent applications. Its patent portfolio includes the U.S. and foreign patents and pending patent applications in the wireless communications and telecommunication sectors, including data, optical and voice technology, antenna technology, Wi-Fi, base station functionality, and cellular.

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