Headlines about Spherix (NASDAQ:SPEX) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring 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 daily sentiment score of 0.10 on Accern’s scale. Accern also gave media headlines about the business services provider an impact score of 45.3905472807419 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Spherix traded down $0.01, hitting $1.06, during trading hours on Tuesday, MarketBeat.com reports. The company’s stock had a trading volume of 89,300 shares, compared to its average volume of 356,428. Spherix has a 52-week low of $0.95 and a 52-week high of $4.75.
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.