Somewhat Positive News Coverage Somewhat Unlikely to Affect MFRI (PPIH) Stock Price

News stories about MFRI (NASDAQ:PPIH) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by reviewing more than 20 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 closest to one being the most favorable. MFRI earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned headlines about the industrial products company an impact score of 46.8333900378921 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Shares of MFRI (NASDAQ:PPIH) traded up $0.05 during trading hours on Friday, reaching $9.05. The company’s stock had a trading volume of 12,286 shares, compared to its average volume of 10,652. The company has a current ratio of 1.62, a quick ratio of 1.22 and a debt-to-equity ratio of 0.14. MFRI has a fifty-two week low of $7.10 and a fifty-two week high of $9.35. The company has a market cap of $69.80, a PE ratio of -6.56 and a beta of 0.86.

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MFRI Company Profile

Perma-Pipe International Holdings, Inc, formerly MFRI, Inc, is engaged in the manufacture and sale of piping systems. The Company is engaged in offering pre-insulated piping and leak detection systems for oil and gas gathering, district heating and cooling, and other applications. It operates through Piping Systems segment.

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