ShiftPixy (PIXY) Earning Somewhat Negative News Coverage, Analysis Finds

News headlines about ShiftPixy (NASDAQ:PIXY) have trended somewhat negative on Sunday, according to Accern. Accern scores the sentiment of press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. ShiftPixy earned a coverage optimism score of -0.01 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 48.5554072096128 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Separately, ValuEngine raised ShiftPixy from a “hold” rating to a “buy” rating in a research note on Wednesday, May 2nd.

Shares of ShiftPixy traded down $0.10, hitting $2.95, during mid-day trading on Friday, according to 104,200 shares of the company’s stock traded hands, compared to its average volume of 2,212,402. ShiftPixy has a 1 year low of $2.00 and a 1 year high of $6.35. The stock has a market capitalization of $87.92 million, a PE ratio of -10.54 and a beta of 1.36.

About ShiftPixy

ShiftPixy, Inc provides employment services for businesses; and workers in shift or other part-time/temporary positions in the United States. The company primarily focuses on the restaurants, hospitality and maintenance services industries. ShiftPixy, Inc was incorporated in 2015 and is based in Irvine, California.

Further Reading: Average Daily Trade Volume Explained

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