Somewhat Positive News Coverage Somewhat Unlikely to Impact Abeona Therapeutics (ABEO) Stock Price
News stories about Abeona Therapeutics (NASDAQ:ABEO) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Abeona Therapeutics earned a media sentiment score of 0.04 on Accern’s scale. Accern also gave press coverage about the biopharmaceutical company an impact score of 49.4690305633996 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Abeona Therapeutics (NASDAQ ABEO) opened at $14.85 on Wednesday. The company has a market cap of $694.61, a price-to-earnings ratio of -22.85 and a beta of 2.34. Abeona Therapeutics has a 1 year low of $4.50 and a 1 year high of $22.75.
Abeona Therapeutics (NASDAQ:ABEO) last posted its earnings results on Wednesday, November 15th. The biopharmaceutical company reported ($0.13) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.18) by $0.05. The firm had revenue of $0.22 million for the quarter, compared to the consensus estimate of $0.22 million. Abeona Therapeutics had a negative net margin of 2,946.58% and a negative return on equity of 27.69%. equities research analysts anticipate that Abeona Therapeutics will post -0.6 EPS for the current fiscal year.
Abeona Therapeutics Company Profile
Abeona Therapeutics Inc is a clinical-stage biopharmaceutical company developing novel gene therapies for life-threatening rare genetic diseases. The Company’s lead programs include ABO-102 (AAV-SGSH), an adeno-associated virus (AAV) based gene therapy for Sanfilippo syndrome type A (MPS IIIA) and EB-101 (gene-corrected skin grafts) for recessive dystrophic epidermolysis bullosa (RDEB).
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