Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Axovant Sciences (AXON) Stock Price
Press coverage about Axovant Sciences (NASDAQ:AXON) has trended somewhat positive on Wednesday, according to Accern. Accern rates the sentiment of media coverage by analyzing 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. Axovant Sciences earned a media sentiment score of 0.00 on Accern’s scale. Accern also gave news articles about the biotechnology company an impact score of 45.4740968862789 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.
These are some of the news articles that may have effected Accern Sentiment Analysis’s scoring:
- Brokerages Anticipate Axovant Sciences Ltd (AXON) Will Announce Earnings of -$0.48 Per Share (americanbankingnews.com)
- Top Pick: Axovant Sciences Ltd. (AXON) – Emn News (emnnews.com)
- Axovant Sciences Ltd. (AXON) price is down -85.59% off its 200-SMA – The Stocks News (press release) (thestocksnews.com)
- Axovant Sciences Ltd. (AXON) Tights Shoes to Boost up Long-Term Obligations – Stock News Stop (stockmarketstop.com)
- CBMG Giving Back Its Gains, ARNA To Report Data In Q1, AXON Continues To Fall – Nasdaq (nasdaq.com)
Axovant Sciences (AXON) traded up $0.02 during trading hours on Wednesday, reaching $2.11. The company had a trading volume of 2,059,900 shares, compared to its average volume of 3,794,930. The firm has a market cap of $224.04 and a PE ratio of -0.91. The company has a debt-to-equity ratio of 0.34, a quick ratio of 5.94 and a current ratio of 5.94. Axovant Sciences has a 1-year low of $2.02 and a 1-year high of $27.98.
Axovant Sciences (NASDAQ:AXON) last released its quarterly earnings results on Thursday, November 2nd. The biotechnology company reported ($0.64) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.55) by ($0.09). equities research analysts predict that Axovant Sciences will post -2.17 earnings per share for the current fiscal year.
A number of analysts have recently issued reports on AXON shares. BidaskClub raised Axovant Sciences from a “strong sell” rating to a “sell” rating in a research report on Saturday, September 23rd. Chardan Capital reaffirmed a “sell” rating and issued a $3.00 price objective on shares of Axovant Sciences in a research report on Saturday, September 23rd. Oppenheimer reaffirmed a “buy” rating and issued a $30.00 price objective on shares of Axovant Sciences in a research report on Monday, September 25th. Robert W. Baird cut Axovant Sciences from an “outperform” rating to a “neutral” rating and cut their price objective for the company from $29.00 to $6.00 in a research report on Tuesday, September 26th. Finally, UBS Group cut Axovant Sciences from an “outperform” rating to a “market perform” rating in a research report on Tuesday, September 26th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $14.14.
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About Axovant Sciences
Axovant Sciences Ltd. is a clinical-stage biopharmaceutical company. The Company is focused on acquiring, developing and commercializing therapeutics for the treatment of dementia, including Alzheimer’s disease and Lewy body dementia. The Company intends to develop a pipeline of product candidates to address the cognitive, functional and behavioral aspects of dementia and related neurological disorders.
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