Neothetics (NEOT) Getting Somewhat Positive Media Coverage, Analysis Finds
News stories about Neothetics (NASDAQ:NEOT) have been trending somewhat positive on Wednesday, according to Accern. The research firm identifies positive and negative news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Neothetics earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned media stories about the biotechnology company an impact score of 45.4823483616356 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Shares of Neothetics (NEOT) opened at $1.25 on Wednesday. Neothetics has a 12 month low of $0.30 and a 12 month high of $2.63.
Neothetics (NASDAQ:NEOT) last announced its earnings results on Wednesday, November 8th. The biotechnology company reported ($0.13) earnings per share for the quarter.
Separately, ValuEngine upgraded Neothetics from a “strong sell” rating to a “sell” rating in a research report on Tuesday, October 17th.
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Neothetics Company Profile
Neothetics, Inc is a clinical-stage specialty pharmaceutical company, which develops therapeutics. The Company focuses on localized fat reduction and body contouring. It focuses on the development of LIPO-202 for the reduction of central abdominal bulging due to subcutaneous fat in non-obese patients.
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