Somewhat Positive Media Coverage Somewhat Unlikely to Impact Ritter Pharmaceuticals (RTTR) Share Price
Media stories about Ritter Pharmaceuticals (NASDAQ:RTTR) have trended somewhat positive recently, according to Accern. The research firm ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ritter Pharmaceuticals earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave headlines about the biotechnology company an impact score of 47.348769105699 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
- Notable Active Stock’s Momentum: Royal Dutch Shell plc, (NYSE: RDS-A), Emergent BioSolutions Inc., (NYSE: EBS … – Stocks In The News (press release) (tradingnewsnow.com)
- Ritter Pharmaceuticals, Inc. (NASDAQ:RTTR) – Do Analysts Think You Should Buy – Nasdaq Journal (press release) (nasdaqjournal.com)
- Ritter Pharmaceuticals Inc. (NASDAQ:RTTR) Drops After Q3 Net Loss – Stock News Union (blog) (stocknewsunion.com)
- Ritter Pharmaceuticals Presents at the 5th Microbiome R&D Business Collaboration Forum / 2nd Annual Probiotic Congress (finance.yahoo.com)
- Ritter Pharmaceuticals, Inc. (RTTR) Issues Earnings Results (americanbankingnews.com)
Ritter Pharmaceuticals (NASDAQ:RTTR) traded down $0.03 on Tuesday, reaching $0.31. 1,457,079 shares of the company’s stock traded hands, compared to its average volume of 1,820,000. Ritter Pharmaceuticals has a 12 month low of $0.29 and a 12 month high of $3.75.
Ritter Pharmaceuticals (NASDAQ:RTTR) last posted its earnings results on Tuesday, October 31st. The biotechnology company reported ($0.14) earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.14). sell-side analysts anticipate that Ritter Pharmaceuticals will post -0.66 EPS for the current year.
Several research firms have recently commented on RTTR. Zacks Investment Research cut shares of Ritter Pharmaceuticals from a “buy” rating to a “hold” rating in a research note on Tuesday, August 8th. Roth Capital set a $2.00 price target on shares of Ritter Pharmaceuticals and gave the company a “buy” rating in a research note on Monday, October 23rd. Chardan Capital decreased their price target on shares of Ritter Pharmaceuticals from $3.50 to $1.50 and set a “buy” rating on the stock in a research note on Tuesday, August 8th. HC Wainwright decreased their price target on shares of Ritter Pharmaceuticals from $7.00 to $1.50 and set a “buy” rating on the stock in a research note on Monday, October 23rd. Finally, Maxim Group reaffirmed a “hold” rating on shares of Ritter Pharmaceuticals in a research note on Friday, August 4th. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $2.92.
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About Ritter Pharmaceuticals
Ritter Pharmaceuticals, Inc develops therapeutic products that modulate the human gut microbiome to treat gastrointestinal diseases. The Company’s segment is focusing on the development and commercialization of RP-G28. The Company conducts human gut health research by exploring metabolic capacity of the gut microbiota and translating the functionality of prebiotic-based therapeutics into applications intended to have impact on a patient’s health.
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