Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Xerium Technologies (XRM) Share Price
Media stories about Xerium Technologies (NYSE:XRM) have trended somewhat positive on Thursday, according to Accern Sentiment. The research group identifies negative and positive media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Xerium Technologies earned a news impact score of 0.14 on Accern’s scale. Accern also gave news coverage about the industrial products company an impact score of 46.1402854022165 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the media stories that may have impacted Accern Sentiment’s scoring:
- Xerium Technologies, Inc. (XRM) Scheduled to Post Earnings on Wednesday (americanbankingnews.com)
- Xerium Schedules Third Quarter 2017 Earnings Conference Call (finance.yahoo.com)
- Xerium Technologies : Introduces Maximus Press Felt Technology Portfolio (4-traders.com)
- ETFs with exposure to Xerium Technologies, Inc. : October 13, 2017 (finance.yahoo.com)
- Xerium Introduces Maximus Press Felt Technology Portfolio (finance.yahoo.com)
Shares of Xerium Technologies (NYSE XRM) traded down 3.06% on Thursday, hitting $4.75. 88,047 shares of the stock traded hands. The company’s market cap is $77.62 million. The firm’s 50 day moving average is $5.44 and its 200-day moving average is $6.51. Xerium Technologies has a 12 month low of $4.45 and a 12 month high of $8.44.
Xerium Technologies (NYSE:XRM) last posted its quarterly earnings data on Monday, July 31st. The industrial products company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.06). The company had revenue of $120.34 million for the quarter. Xerium Technologies had a negative return on equity of 2.20% and a negative net margin of 6.04%. Equities analysts predict that Xerium Technologies will post $0.43 earnings per share for the current year.
TRADEMARK VIOLATION WARNING: “Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Xerium Technologies (XRM) Share Price” was originally posted by Watch List News and is owned by of Watch List News. If you are accessing this report on another site, it was illegally stolen and republished in violation of United States & international trademark & copyright law. The legal version of this report can be read at https://www.watchlistnews.com/somewhat-favorable-press-coverage-somewhat-unlikely-to-impact-xerium-technologies-xrm-share-price/1641927.html.
In other Xerium Technologies news, insider Mark Staton purchased 10,000 shares of the stock in a transaction on Thursday, August 3rd. The stock was bought at an average price of $6.23 per share, for a total transaction of $62,300.00. Following the acquisition, the insider now directly owns 20,000 shares of the company’s stock, valued at $124,600. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Jay J. Gurandiano sold 4,000 shares of Xerium Technologies stock in a transaction dated Wednesday, August 2nd. The shares were sold at an average price of $6.98, for a total value of $27,920.00. Following the completion of the sale, the director now owns 48,359 shares of the company’s stock, valued at approximately $337,545.82. The disclosure for this sale can be found here. Company insiders own 17.70% of the company’s stock.
Xerium Technologies Company Profile
Xerium Technologies, Inc (Xerium) is a manufacturer and supplier of over two types of consumable products used in the production of paper: machine clothing and roll covers. The Company markets its products through brands, such as Huyck Wangner, Weavexx, Stowe Woodward, Mount Hope, Robec and Xibe. The Company operates in two segments: machine clothing and roll covers.
Receive News & Ratings for Xerium Technologies Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xerium Technologies Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.