Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Midatech Pharma (MTP) Stock Price
Media coverage about Midatech Pharma (NASDAQ:MTP) has been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies negative and positive media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Midatech Pharma earned a news sentiment score of 0.10 on Accern’s scale. Accern also assigned headlines about the company an impact score of 46.3067991716339 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Midatech Pharma (MTP) traded up $0.03 during trading on Friday, reaching $1.08. 7,705 shares of the company’s stock traded hands, compared to its average volume of 8,062. Midatech Pharma has a 52-week low of $1.00 and a 52-week high of $3.65. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.49 and a current ratio of 1.62.
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Midatech Pharma PLC is an early-stage biopharmaceutical company that focuses on commercializing and developing products in oncology and other therapeutic areas. The Company’s segments include Pipeline Research and Development, and Commercial. The Pipeline Research and Development segment seeks to develop products using the nanomedicine and sustained release technology platforms.
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