iFresh (IFMK) Getting Somewhat Positive Media Coverage, Report Shows
Media stories about iFresh (NASDAQ:IFMK) have been trending somewhat positive on Thursday, Accern reports. The research firm identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. iFresh earned a coverage optimism score of 0.19 on Accern’s scale. Accern also assigned news stories about the company an impact score of 43.31 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
In related news, VP Lilly Deng sold 150,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 20th. The stock was sold at an average price of $8.93, for a total value of $1,339,500.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 82.00% of the stock is currently owned by company insiders.
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iFresh Company Profile
iFresh, Inc, formerly E-Compass Acquisition Corp., operates through its subsidiary, NYM Holding, Inc (NYM). NYM is an Asian/Chinese grocery supermarket chain in the north-eastern United States providing food and other merchandise hard to find in mainstream grocery stores. As of December 31, 2016, NYM had eight retail supermarkets across New York, Massachusetts and Florida.
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