Somewhat Positive Press Coverage Somewhat Unlikely to Impact iFresh (IFMK) Share Price
Headlines about iFresh (NASDAQ:IFMK) have trended somewhat positive on Monday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. iFresh earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 47.3202690602195 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Shares of iFresh (NASDAQ:IFMK) opened at 12.77 on Monday. The company has a market cap of $180.35 million and a PE ratio of 148.49. iFresh has a 1-year low of $10.00 and a 1-year high of $28.88. The company has a 50 day moving average of $13.00 and a 200 day moving average of $14.19.
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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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