Spectrum Pharmaceuticals (SPPI) Earns Coverage Optimism Rating of 0.23
Headlines about Spectrum Pharmaceuticals (NASDAQ:SPPI) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Spectrum Pharmaceuticals earned a news sentiment score of 0.23 on Accern’s scale. Accern also assigned press coverage about the biotechnology company an impact score of 45.9278734594295 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the media headlines that may have impacted Accern’s scoring:
- Wired News – Spectrum Pharma’s ROLONTIS Achieved Primary Endpoint in Phase-3 ADVANCE Study (finance.yahoo.com)
- Spectrum Pharma’s Rolontis Positive in Pivotal Cancer Study (finance.yahoo.com)
- Bristol-Myers Squibb, Spectrum Just Reported Key Late Stage Data (finance.yahoo.com)
- Spectrum Pharma (SPPI) Reports ROLONTIS (eflapegrastim) Met the Primary Endpoint in the Phase 3 ADVANCE Study (streetinsider.com)
- HC Wainwright Boosts Spectrum Pharmaceuticals (SPPI) Price Target to $33.00 (americanbankingnews.com)
Spectrum Pharmaceuticals (NASDAQ SPPI) traded down $0.23 during mid-day trading on Thursday, hitting $20.50. 45,548 shares of the stock traded hands, compared to its average volume of 987,818. Spectrum Pharmaceuticals has a 1 year low of $5.00 and a 1 year high of $23.50. The company has a debt-to-equity ratio of 0.33, a current ratio of 5.04 and a quick ratio of 4.89. The stock has a market capitalization of $2,112.90, a P/E ratio of -20.80 and a beta of 1.64.
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About Spectrum Pharmaceuticals
Spectrum Pharmaceuticals, Inc is a biotechnology company. The Company operates through developing and commercializing oncology and hematology drug products segment. It has a product portfolio consisting of both commercial stage and development stage products that address various cancer types. The Company has six approved oncology/hematology products that target different types of cancer, including non-Hodgkin’s lymphoma (NHL), advanced metastatic colorectal cancer (mCRC), acute lymphoblastic leukemia (ALL) and multiple myeloma (MM).
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