Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Xenetic Biosciences (XBIO) Stock Price

News headlines about Xenetic Biosciences (NASDAQ:XBIO) have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. Accern rates the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Xenetic Biosciences earned a news impact score of 0.13 on Accern’s scale. Accern also gave media coverage about the company an impact score of 49.0289134159306 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Xenetic Biosciences (NASDAQ XBIO) opened at $2.16 on Friday. Xenetic Biosciences has a 12 month low of $1.75 and a 12 month high of $5.90.

Xenetic Biosciences (NASDAQ:XBIO) last announced its quarterly earnings results on Wednesday, November 15th. The company reported ($0.26) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.23) by ($0.03). The business had revenue of $0.09 million during the quarter. sell-side analysts forecast that Xenetic Biosciences will post -0.89 EPS for the current fiscal year.

Separately, Zacks Investment Research lowered Xenetic Biosciences from a “buy” rating to a “hold” rating in a research note on Wednesday, November 1st.

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About Xenetic Biosciences

Xenetic Biosciences, Inc is a clinical-stage biopharmaceutical company. The Company is focused on the research and development of certain pharmaceutical products for use in humans that includes the use of the Company’s platform technologies that enables the creation of drug therapies primarily for orphan indications.

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