Media stories about Xerium Technologies (NYSE:XRM) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Xerium Technologies earned a coverage optimism score of 0.16 on Accern’s scale. Accern also assigned headlines about the industrial products company an impact score of 45.8179687560809 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Shares of XRM stock traded up $0.03 during trading hours on Thursday, hitting $6.77. 7,321 shares of the company’s stock traded hands, compared to its average volume of 64,869. Xerium Technologies has a 12 month low of $3.70 and a 12 month high of $7.75. The company has a quick ratio of 0.98, a current ratio of 1.59 and a debt-to-equity ratio of -3.59.
Xerium Technologies (NYSE:XRM) last released its quarterly earnings results on Wednesday, February 28th. The industrial products company reported ($0.33) earnings per share (EPS) for the quarter. The firm had revenue of $122.39 million for the quarter.
WARNING: “Xerium Technologies (XRM) Earns News Sentiment Rating of 0.16” was first posted by The Lincolnian Online and is owned by of The Lincolnian Online. If you are reading this piece on another publication, it was copied illegally and reposted in violation of U.S. & international copyright & trademark law. The original version of this piece can be viewed at https://www.thelincolnianonline.com/2018/04/19/xerium-technologies-xrm-earns-news-sentiment-rating-of-0-16.html.
Xerium Technologies Company Profile
Xerium Technologies, Inc provides industrial consumable products and services. It operates through two segments, Machine Clothing and Roll Covers. The Machine Clothing segment provides various types of industrial textiles used on paper-making machines and other industrial applications. It manufactures forming fabrics that are used at the beginning of paper-making machines; press felts for carrying the paper sheet through a series of press rolls that mechanically press water from the sheet under high pressure; and dryer fabrics that transport the paper sheet through the drying section of paper-making machines.
Receive News & Ratings for Xerium Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xerium Technologies and related companies with MarketBeat.com's FREE daily email newsletter.