Somewhat Positive Media Coverage Somewhat Unlikely to Impact PhotoMedex (PHMD) Stock Price
Headlines about PhotoMedex (NASDAQ:PHMD) have trended somewhat positive recently, Accern reports. The research group scores the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. PhotoMedex earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned news headlines about the medical equipment provider an impact score of 43.8038807759118 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Separately, ValuEngine upgraded shares of PhotoMedex from a “strong sell” rating to a “sell” rating in a research note on Friday, June 2nd.
PhotoMedex (NASDAQ PHMD) traded down 1.96% during mid-day trading on Friday, hitting $1.00. 500 shares of the company were exchanged. The firm has a 50 day moving average price of $1.00 and a 200 day moving average price of $1.35. The stock’s market cap is $6.16 million. PhotoMedex has a 12 month low of $0.71 and a 12 month high of $5.60.
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PhotoMedex Company Profile
PhotoMedex, Inc is a global health products and services company providing integrated disease management and solutions to dermatologists, professional aestheticians and consumers. The Company provides products and services that address skin diseases and conditions, including acne and photo damage. The Company operates through three business segments: Consumer segment, Physician Recurring segment and Professional segment.
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