Somewhat Favorable News Coverage Somewhat Unlikely to Impact Alexion Pharmaceuticals (ALXN) Stock Price
News stories about Alexion Pharmaceuticals (NASDAQ:ALXN) have been trending somewhat positive on Sunday, Accern reports. Accern scores the sentiment of media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Alexion Pharmaceuticals earned a coverage optimism score of 0.13 on Accern’s scale. Accern also gave news articles about the biopharmaceutical company an impact score of 45.4206588014024 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the media stories that may have impacted Accern Sentiment Analysis’s analysis:
- Emory University Acquires 4,490 Shares of Alexion Pharmaceuticals, Inc. (ALXN) (americanbankingnews.com)
- Schroder Investment Management Group Grows Stake in Alexion Pharmaceuticals, Inc. (ALXN) (americanbankingnews.com)
- Axa Buys 89,689 Shares of Alexion Pharmaceuticals, Inc. (ALXN) (americanbankingnews.com)
- Standard Life Aberdeen plc Has $5.87 Million Position in Alexion Pharmaceuticals, Inc. (ALXN) (americanbankingnews.com)
- What is mean by High Beta Stock?: Alexion Pharmaceuticals, Inc. (ALXN) – Wallstreet Investorplace (wallstreetinvestorplace.com)
Alexion Pharmaceuticals (NASDAQ ALXN) traded up $2.81 during trading hours on Friday, reaching $117.92. The company had a trading volume of 1,343,726 shares, compared to its average volume of 2,169,027. The stock has a market capitalization of $26,140.62, a price-to-earnings ratio of 60.16, a PEG ratio of 1.09 and a beta of 1.13. Alexion Pharmaceuticals has a 52-week low of $96.18 and a 52-week high of $149.34. The company has a debt-to-equity ratio of 0.34, a quick ratio of 2.62 and a current ratio of 3.10.
Several research analysts recently weighed in on the company. ValuEngine lowered Alexion Pharmaceuticals from a “hold” rating to a “sell” rating in a research report on Thursday. Deutsche Bank set a $161.00 price objective on Alexion Pharmaceuticals and gave the stock a “buy” rating in a research report on Friday, February 9th. BMO Capital Markets increased their price objective on Alexion Pharmaceuticals from $177.00 to $180.00 and gave the stock an “outperform” rating in a research report on Friday, February 9th. Citigroup lowered their price objective on Alexion Pharmaceuticals from $173.00 to $170.00 and set a “buy” rating for the company in a research report on Friday, February 9th. Finally, Stifel Nicolaus reiterated a “buy” rating and issued a $151.00 price objective on shares of Alexion Pharmaceuticals in a research report on Friday, February 9th. Three analysts have rated the stock with a sell rating, one has assigned a hold rating and twenty have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $152.77.
In related news, SVP Heidi L. Wagner sold 698 shares of Alexion Pharmaceuticals stock in a transaction on Wednesday, February 28th. The stock was sold at an average price of $119.35, for a total value of $83,306.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Ludwig Hantson sold 2,553 shares of Alexion Pharmaceuticals stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $121.63, for a total value of $310,521.39. Following the completion of the transaction, the chief executive officer now owns 36,172 shares of the company’s stock, valued at $4,399,600.36. The disclosure for this sale can be found here. Over the last quarter, insiders sold 31,253 shares of company stock valued at $3,656,229. 4.35% of the stock is currently owned by company insiders.
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Alexion Pharmaceuticals Company Profile
Alexion Pharmaceuticals, Inc is a biopharmaceutical company. The Company is focused on the development and commercialization of therapeutic products. The Company’s products include Soliris (eculizumab), Strensiq (asfotase alfa) and Kanuma (sebelipase alfa). The Company’s clinical development programs include Soliris (eculizumab), cPMP (ALXN1101), SBC-103, ALXN1210 (IV) and ALXN1210 (Subcutaneous).
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