Somewhat Favorable Press Coverage Somewhat Unlikely to Affect China Cord Blood (CO) Stock Price
News headlines about China Cord Blood (NYSE:CO) have trended somewhat positive on Friday, according to Accern. The research firm identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. China Cord Blood earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave media stories about the medical research company an impact score of 45.5146104451037 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
China Cord Blood (NYSE CO) opened at $10.02 on Friday. China Cord Blood has a 1-year low of $5.06 and a 1-year high of $14.95. The stock has a market capitalization of $1,212.07, a price-to-earnings ratio of 28.71 and a beta of 0.88.
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China Cord Blood Corporation is a provider of cord blood banking services in China. The Company and its subsidiaries are principally engaged in the provision of umbilical cord blood storage and ancillary services in the People’s Republic of China. It provides cord blood testing, processing and storage services under the direction of subscribers for a cord blood processing fee and a storage fee.
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