Positive Media Coverage Somewhat Unlikely to Impact Eleven Biotherapeutics (EBIO) Stock Price
News headlines about Eleven Biotherapeutics (NASDAQ:EBIO) have trended positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Eleven Biotherapeutics earned a media sentiment score of 0.26 on Accern’s scale. Accern also gave news headlines about the biopharmaceutical company an impact score of 45.8066359295065 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the news headlines that may have effected Accern’s analysis:
- Comprehensive Stock Analysis – Eleven Biotherapeutics, Inc. (NASDAQ: EBIO) – The Investor Guide (wallstreetnews24.com)
- Eleven Biotherapeutics, Inc. (NASDAQ:EBIO) – Notable Indicators to Study Before Making Any Investment Decision – Nasdaq Journal (press release) (nasdaqjournal.com)
- Keep an eye on Analysts Rating: Eleven Biotherapeutics, Inc. (EBIO) – Wall Street Morning (wallstreetmorning.com)
- Eleven Biotherapeutics to Present at Biotech Showcase 2018 (finance.yahoo.com)
Shares of Eleven Biotherapeutics (NASDAQ EBIO) traded down $0.01 during mid-day trading on Tuesday, reaching $0.87. 564,500 shares of the company’s stock traded hands, compared to its average volume of 787,320. The stock has a market cap of $27.69, a PE ratio of -0.82 and a beta of 3.04. Eleven Biotherapeutics has a 1-year low of $0.62 and a 1-year high of $2.54.
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Eleven Biotherapeutics, Inc is a preclinical-stage biopharmaceutical company. The Company applies its AMP-Rx platform to the discovery and development of protein therapeutics to treat diseases of the eye. The Company’s product candidate, which is still in preclinical development, is EBI-031, which was designed, engineered and generated using its AMP-Rx platform and are developing as an intravitreal injection for diabetic macular edema (DME) and uveitis.
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