Somewhat Favorable Media Coverage Somewhat Unlikely to Affect ARCA biopharma (ABIO) Stock Price
News coverage about ARCA biopharma (NASDAQ:ABIO) has trended somewhat positive on Tuesday, Accern Sentiment reports. The research firm identifies negative and positive news 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 positive one, with scores closest to one being the most favorable. ARCA biopharma earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave media headlines about the biopharmaceutical company an impact score of 46.0363392621471 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the media headlines that may have effected Accern Sentiment’s analysis:
- New Research: Atrial Fibrillation Pipeline Review H2 2017 Industry Research Toward a Cure, And Immune-Based and Gene Therapies in Development (gmoutlook.com)
- GLPG’s FLORA Blooms, DVAX, ESPR Price Offering, SGMO Abuzz, HRTX On Track (rttnews.com)
- BRIEF-ARCA Biopharma to share top-line results in Q1 next year for GENETIC-AF trial (reuters.com)
- ARCA biopharma Announces GENETIC-AF Data and Safety Monitoring Board Recommendation to Complete Phase 2B GENETIC-AF Clinical Trial Based on Efficacy and Safety Data in Phase 2B Interim Analysis (finance.yahoo.com)
- Atrial Fibrillation Pipeline Therapeutics Market InsightsH2 2017 (medgadget.com)
ARCA biopharma (NASDAQ ABIO) opened at 1.325 on Tuesday. ARCA biopharma has a 12-month low of $1.30 and a 12-month high of $3.12. The company’s 50 day moving average price is $2.22 and its 200-day moving average price is $2.40. The stock’s market cap is $15.57 million.
ARCA biopharma (NASDAQ:ABIO) last released its quarterly earnings data on Thursday, August 3rd. The biopharmaceutical company reported ($0.59) earnings per share for the quarter. On average, analysts forecast that ARCA biopharma will post ($1.75) EPS for the current year.
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About ARCA biopharma
ARCA biopharma, Inc (ARCA) is a biopharmaceutical company. The Company is principally focused on developing genetically-targeted therapies for cardiovascular diseases. The Company’s lead product candidate is Gencaro (bucindolol hydrochloride), a beta-blocker and mild vasodilator that the Company is evaluating in a clinical trial for the treatment of atrial fibrillation (AF) in patients with heart failure with reduced left ventricular ejection fraction (HFREF).
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