Spherix Inc (NASDAQ:SPEX)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.00 and traded as high as $2.28. Spherix shares last traded at $2.25, with a volume of 1,707 shares traded.
Separately, TheStreet upgraded shares of Spherix from an “e” rating to a “c-” rating in a report on Wednesday, April 24th.
The stock has a fifty day moving average of $2.39.
Spherix (NASDAQ:SPEX) last issued its quarterly earnings results on Thursday, May 16th. The business services provider reported ($0.57) earnings per share for the quarter.
About Spherix (NASDAQ:SPEX)
Spherix Incorporated, a technology development company, owns, develops, acquires, and monetizes intellectual property assets. Its intellectual property is primarily consists of trade secrets, patented know-how, issued and pending patents, copyrights, and technological innovation. The company owns approximately 290 patents and patent applications.
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