Somewhat Positive News Coverage Somewhat Unlikely to Impact Catalyst Pharmaceuticals (NASDAQ:CPRX) Share Price
Media headlines about Catalyst Pharmaceuticals (NASDAQ:CPRX) 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. Catalyst Pharmaceuticals earned a daily sentiment score of 0.04 on Accern’s scale. Accern also assigned news stories about the biopharmaceutical company an impact score of 46.93646537886 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:
- What’s in Store for Catalyst (CPRX) This Earnings Season? (zacks.com)
- Catalyst Pharmaceuticals, Inc. (CPRX) Given a $6.00 Price Target by Piper Jaffray Companies Analysts (americanbankingnews.com)
- MAMA Cross Spotted in Catalyst Pharmaceuticals Inc (CPRX) Shares – Evergreen Caller (evergreencaller.com)
- Poised For a Move? Catalyst Pharmaceuticals Inc (CPRX) Technicals at a Glance – Stock Press Daily (stockpressdaily.com)
- Following the Needle on Catalyst Pharmaceuticals Inc (CPRX): Technical Watch on the Shares – Hayden Business Journal (haydenbusinessjournal.com)
A number of brokerages have recently weighed in on CPRX. Piper Jaffray Companies set a $6.00 price objective on shares of Catalyst Pharmaceuticals and gave the company a “buy” rating in a report on Monday. Zacks Investment Research lowered shares of Catalyst Pharmaceuticals from a “buy” rating to a “hold” rating in a report on Wednesday, July 12th.
Shares of Catalyst Pharmaceuticals (CPRX) opened at 2.89 on Tuesday. The firm’s market capitalization is $242.14 million. The stock has a 50 day moving average of $2.80 and a 200-day moving average of $1.91. Catalyst Pharmaceuticals has a one year low of $0.73 and a one year high of $3.20.
Catalyst Pharmaceuticals (NASDAQ:CPRX) last issued its quarterly earnings results on Wednesday, May 10th. The biopharmaceutical company reported ($0.06) earnings per share for the quarter, meeting the Zacks’ consensus estimate of ($0.06). On average, equities analysts anticipate that Catalyst Pharmaceuticals will post ($0.26) earnings per share for the current fiscal year.
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About Catalyst Pharmaceuticals
Catalyst Pharmaceuticals, Inc, formerly Catalyst Pharmaceutical Partners, Inc, is a development-stage biopharmaceutical company. The Company is focused on developing and commercializing therapies for people with rare debilitating diseases. The Company has three drugs in development: Firdapse, CPP-109 and CPP-115.
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