Positive Press Coverage Somewhat Unlikely to Impact Exela Technologies (XELA) Share Price

Media headlines about Exela Technologies (NASDAQ:XELA) have been trending positive on Friday, Accern Sentiment Analysis reports. The research group rates the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Exela Technologies earned a news sentiment score of 0.26 on Accern’s scale. Accern also gave press coverage about the company an impact score of 44.8966406884085 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Exela Technologies (NASDAQ XELA) opened at $5.87 on Friday. The stock has a market capitalization of $918.53 and a price-to-earnings ratio of -4.77. Exela Technologies has a 1-year low of $4.37 and a 1-year high of $10.15. The company has a current ratio of 0.95, a quick ratio of 0.91 and a debt-to-equity ratio of 31.25.

Separately, Cantor Fitzgerald reaffirmed a “buy” rating and set a $9.00 price objective on shares of Exela Technologies in a report on Sunday, December 17th.

In other news, Director John H. Rexford acquired 27,000 shares of Exela Technologies stock in a transaction that occurred on Wednesday, November 22nd. The stock was purchased at an average cost of $5.06 per share, with a total value of $136,620.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 55.80% of the company’s stock.

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About Exela Technologies

Exela Technologies, Inc (Exela), formerly Quinpario Acquisition Corp. 2, is engaged in providing information and transaction processing solutions. The Company’s segments include Information and Transaction Processing Solutions (ITPS), Healthcare Solutions (HS) and Legal & Loss Prevention Services (LLPS).

Insider Buying and Selling by Quarter for Exela Technologies (NASDAQ:XELA)

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