Press coverage about MediciNova (NASDAQ:MNOV) has trended positive on Wednesday, according to Accern. Accern rates the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. MediciNova earned a news impact score of 0.38 on Accern’s scale. Accern also assigned media stories about the biopharmaceutical company an impact score of 45.9925066421997 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the media stories that may have impacted Accern Sentiment Analysis’s analysis:

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MediciNova (NASDAQ MNOV) opened at $13.91 on Wednesday. MediciNova has a 12-month low of $4.40 and a 12-month high of $14.50. The stock has a market capitalization of $512.02, a P/E ratio of -43.47 and a beta of 0.18.

Several brokerages recently issued reports on MNOV. BidaskClub upgraded MediciNova from a “hold” rating to a “buy” rating in a research report on Wednesday, January 10th. ValuEngine upgraded MediciNova from a “sell” rating to a “hold” rating in a research report on Wednesday, February 7th.

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MediciNova Company Profile

Medicinova, Inc is a biopharmaceutical company. The Company focuses on acquiring and developing small molecule therapeutics for the treatment of diseases with unmet medical needs and a commercial focus on the United States market. Its pipeline includes MN-166 (ibudilast), MN-001 (tipelukast), MN-221 (bedoradrine) and MN-029 (denibulin).

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