iFresh (IFMK) Getting Somewhat Favorable Press Coverage, Study Shows
Press coverage about iFresh (NASDAQ:IFMK) has been trending somewhat positive on Tuesday, according to Accern Sentiment. The research group ranks the sentiment of news coverage by reviewing more than 20 million blog and news 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 news sentiment score of 0.22 on Accern’s scale. Accern also assigned headlines about the company an impact score of 45.4845533715476 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Shares of iFresh (NASDAQ IFMK) opened at $11.32 on Tuesday. iFresh has a 52 week low of $10.00 and a 52 week high of $28.88. The company has a debt-to-equity ratio of 2.62, a current ratio of 1.84 and a quick ratio of 1.23.
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In other iFresh news, VP Lilly Deng sold 150,000 shares of iFresh stock in a transaction dated Wednesday, September 20th. The stock was sold at an average price of $8.93, for a total transaction of $1,339,500.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 82.00% of the company’s stock.
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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