Media headlines about ContraFect (NASDAQ:CFRX) have trended somewhat negative on Sunday, according to Accern Sentiment. Accern rates the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. ContraFect earned a news sentiment score of -0.01 on Accern’s scale. Accern also gave headlines about the biotechnology company an impact score of 46.7633731141712 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:

ContraFect traded up $0.11, reaching $2.03, during midday trading on Friday, MarketBeat Ratings reports. The stock had a trading volume of 126,114 shares, compared to its average volume of 234,047. ContraFect has a 12 month low of $0.80 and a 12 month high of $2.93. The firm has a market capitalization of $141.43 million, a price-to-earnings ratio of -5.49 and a beta of -0.51.

ContraFect (NASDAQ:CFRX) last issued its earnings results on Thursday, August 9th. The biotechnology company reported ($0.27) EPS for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.17). sell-side analysts predict that ContraFect will post -0.37 earnings per share for the current fiscal year.

CFRX has been the topic of a number of recent analyst reports. LADENBURG THALM/SH SH initiated coverage on ContraFect in a research note on Tuesday, July 10th. They issued a “buy” rating on the stock. Janney Montgomery Scott initiated coverage on ContraFect in a research note on Thursday, June 28th. They issued a “buy” rating on the stock. Chardan Capital initiated coverage on ContraFect in a research report on Friday, June 15th. They issued a “buy” rating and a $2.80 target price for the company. Finally, ValuEngine raised ContraFect from a “sell” rating to a “hold” rating in a research report on Friday, June 1st.

About ContraFect

ContraFect Corporation, a clinical-stage biotechnology company, focuses on discovering and developing therapeutic protein and antibody products for the treatment of life-threatening infectious diseases in the United States. Its lead product candidates consist of CF-301, a lysin that is in Phase II human clinical trials for the treatment of Staphylococcus aureus bacteremia, including endocarditis caused by methicillin-resistant or methicillin-susceptible; and CF-404, a combination of monoclonal antibodies (mAbs), which is in preclinical trial stage for the treatment of life-threatening seasonal and pandemic varieties of human influenza.

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