Somewhat Positive News Coverage Somewhat Unlikely to Affect ContraFect Corporation (CFRX) Stock Price
Media headlines about ContraFect Corporation (NASDAQ:CFRX) have trended somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by reviewing 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 closest to one being the most favorable. ContraFect Corporation earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned news stories about the biotechnology company an impact score of 46.8746991193368 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news stories that may have effected Accern Sentiment Analysis’s scoring:
- ContraFect to Present at the 2nd Annual Superdrugs and Superbugs USA Conference (finance.yahoo.com)
- ContraFect Announces Third Quarter 2017 Financial Results (finance.yahoo.com)
- ContraFect reports 3Q loss (finance.yahoo.com)
- Financial Analysis: ContraFect Corporation (CFRX) and Oncolytics Biotech, Inc. (USA) (ONCY) (americanbankingnews.com)
- Critical Comparison: ContraFect Corporation (CFRX) vs. Dendreon (DNDN) (americanbankingnews.com)
Shares of ContraFect Corporation (CFRX) traded down $0.06 on Tuesday, hitting $0.96. 38,800 shares of the stock were exchanged, compared to its average volume of 76,845. ContraFect Corporation has a fifty-two week low of $0.80 and a fifty-two week high of $2.70.
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About ContraFect Corporation
ContraFect Corporation, a clinical-stage biotechnology company, focuses on discovering and developing therapeutic protein and antibody products for the treatment of life-threatening infectious diseases in the United States. Its lead product candidates consist of CF-301, a lysin that completed Phase 1 human clinical trials for the treatment of Staph aureus bacteremia, including endocarditis caused by methicillin-resistant or methicillin-susceptible Staph aureus; and CF-404, a combination of human monoclonal antibodies (mAbs) for the treatment of life-threatening seasonal and pandemic varieties of human influenza.
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