Somewhat Favorable News Coverage Somewhat Unlikely to Affect SeaSpine Holdings Corporation (SPNE) Share Price
Media headlines about SeaSpine Holdings Corporation (NASDAQ:SPNE) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. SeaSpine Holdings Corporation earned a news sentiment score of 0.19 on Accern’s scale. Accern also gave news headlines about the medical equipment provider an impact score of 46.1490054615615 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
SeaSpine Holdings Corporation (NASDAQ SPNE) traded up 3.91% on Friday, hitting $11.44. The company had a trading volume of 25,800 shares. The stock’s market cap is $143.58 million. The firm’s 50 day moving average price is $10.69 and its 200 day moving average price is $10.69. SeaSpine Holdings Corporation has a 12-month low of $6.40 and a 12-month high of $11.49.
Several research analysts recently commented on the company. Zacks Investment Research cut SeaSpine Holdings Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, September 13th. HC Wainwright set a $15.00 price target on SeaSpine Holdings Corporation and gave the stock a “buy” rating in a research note on Monday, August 7th. Piper Jaffray Companies reiterated a “buy” rating and issued a $22.00 price target on shares of SeaSpine Holdings Corporation in a research note on Sunday, August 20th. Finally, BTIG Research assumed coverage on SeaSpine Holdings Corporation in a research note on Tuesday, June 20th. They issued a “buy” rating on the stock. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $16.67.
SeaSpine Holdings Corporation Company Profile
SeaSpine Holdings Corporation is a medical technology company. The Company is focused on the design, development and commercialization of surgical solutions for the treatment of patients suffering from spinal disorders. The Company operates through the development, manufacture and marketing of orthobiologics and spinal fusion hardware segment.
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