Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Trillium Therapeutics (TRIL) Stock Price
Media coverage about Trillium Therapeutics (NASDAQ:TRIL) (TSE:TR) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Trillium Therapeutics earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned news stories about the biotechnology company an impact score of 45.1786108507527 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the news stories that may have effected Accern’s scoring:
- Trillium Therapeutics (TRIL) & The Competition Financial Survey (americanbankingnews.com)
- Trillium Therapeutics Inc. (TRIL) Given Average Rating of “Buy” by Brokerages (americanbankingnews.com)
- Trillium Therapeutics (TRIL) & The Competition Critical Contrast (americanbankingnews.com)
- Contrasting Trillium Therapeutics (TRIL) & Its Peers (americanbankingnews.com)
A number of analysts have recently commented on the stock. HC Wainwright set a $7.00 target price on shares of Trillium Therapeutics and gave the company a “buy” rating in a report on Monday, August 14th. Cowen and Company restated a “buy” rating on shares of Trillium Therapeutics in a report on Wednesday, July 5th. Finally, Zacks Investment Research upgraded shares of Trillium Therapeutics from a “sell” rating to a “hold” rating in a report on Tuesday, September 19th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Trillium Therapeutics presently has a consensus rating of “Buy” and an average target price of $15.00.
Shares of Trillium Therapeutics (NASDAQ TRIL) traded down 5.48% during mid-day trading on Friday, hitting $6.05. 152,308 shares of the stock were exchanged. Trillium Therapeutics has a 12 month low of $4.15 and a 12 month high of $15.87. The firm’s market cap is $65.30 million. The stock’s 50 day moving average is $5.02 and its 200 day moving average is $5.17.
Trillium Therapeutics Company Profile
Trillium Therapeutics Inc, a clinical-stage immuno-oncology company, develops therapies for the treatment of cancer. The companys lead program is TTI-621, a SIRPaFc fusion protein that acts a soluble decoy receptor preventing CD47 from delivering its inhibitory signal, which is in Phase I clinical trial for advanced hematologic malignancies and solid tumors therapy.
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