NantKwest (NK) Earns Daily Coverage Optimism Rating of 0.19
News articles about NantKwest (NASDAQ:NK) have trended somewhat positive on Wednesday, according to Accern. The research group ranks the sentiment of news coverage by monitoring more than 20 million blog and news 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. NantKwest earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave news coverage about the biotechnology company an impact score of 45.2886904745494 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
NantKwest (NASDAQ NK) traded down 2.39% during midday trading on Wednesday, hitting $4.49. The company had a trading volume of 106,674 shares. The stock has a 50 day moving average price of $5.38 and a 200 day moving average price of $5.38. The company’s market capitalization is $356.69 million. NantKwest has a 52 week low of $2.71 and a 52 week high of $8.45.
Several equities research analysts recently weighed in on NK shares. Citigroup Inc. set a $3.00 price target on NantKwest and gave the company a “sell” rating in a research report on Monday, August 14th. Zacks Investment Research upgraded NantKwest from a “hold” rating to a “buy” rating and set a $5.75 price target on the stock in a research report on Wednesday, October 11th. Finally, BidaskClub lowered NantKwest from a “hold” rating to a “sell” rating in a research report on Tuesday, August 8th. Three research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company’s stock. NantKwest presently has an average rating of “Hold” and a consensus target price of $5.44.
In other NantKwest news, Director Steve Gorlin sold 39,604 shares of the firm’s stock in a transaction on Wednesday, September 13th. The stock was sold at an average price of $5.93, for a total transaction of $234,851.72. Following the transaction, the director now directly owns 246,280 shares in the company, valued at approximately $1,460,440.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 70.19% of the company’s stock.
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