Senomyx (SNMX) Given Coverage Optimism Score of 0.11
Media stories about Senomyx (NASDAQ:SNMX) have trended somewhat positive on Wednesday, according to Accern. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Senomyx earned a coverage optimism score of 0.11 on Accern’s scale. Accern also gave media headlines about the specialty chemicals company an impact score of 44.5091260319691 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Separately, ValuEngine downgraded shares of Senomyx from a “sell” rating to a “strong sell” rating in a research note on Friday, June 2nd. One investment analyst has rated the stock with a sell rating and four have assigned a hold rating to the stock. Senomyx has an average rating of “Hold” and an average target price of $2.00.
Senomyx (NASDAQ SNMX) opened at 0.67 on Wednesday. The company has a 50-day moving average of $0.64 and a 200-day moving average of $0.83. Senomyx has a 52 week low of $0.56 and a 52 week high of $4.66. The company’s market cap is $31.83 million.
Senomyx (NASDAQ:SNMX) last issued its quarterly earnings results on Thursday, July 27th. The specialty chemicals company reported ($0.06) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.07) by $0.01. Senomyx had a negative net margin of 63.38% and a negative return on equity of 85.22%. The company had revenue of $4.87 million during the quarter, compared to analysts’ expectations of $4.60 million. During the same quarter last year, the company posted ($0.05) EPS. The firm’s revenue was down 25.8% compared to the same quarter last year. On average, equities research analysts predict that Senomyx will post ($0.27) EPS for the current year.
Senomyx, Inc is focused on using taste receptor technologies to discover, develop and commercialize flavor ingredients for the packaged food, beverage and ingredient supply industries. The Company operates through development and commercialization of flavor ingredients segment. It is engaged in the discovery, development and/or commercialization of flavor ingredients through over five programs.
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