Headlines about Neothetics (NASDAQ:NEOT) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Neothetics earned a news impact score of 0.11 on Accern’s scale. Accern also gave media headlines about the biotechnology company an impact score of 44.293329665109 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Separately, ValuEngine upgraded shares of Neothetics from a “strong sell” rating to a “sell” rating in a report on Tuesday, October 17th.
Shares of Neothetics (NASDAQ:NEOT) remained flat at $$2.08 on Friday. The company’s stock had a trading volume of 431,400 shares, compared to its average volume of 415,433. Neothetics has a 52-week low of $0.30 and a 52-week high of $2.63. The stock has a market cap of $28.81, a P/E ratio of -3.01 and a beta of 3.33.
Neothetics (NASDAQ:NEOT) last posted its quarterly earnings data on Wednesday, November 8th. The biotechnology company reported ($0.13) earnings per share (EPS) for the quarter.
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Neothetics Company Profile
Neothetics, Inc is a clinical-stage specialty pharmaceutical company, which develops therapeutics. The Company focuses on localized fat reduction and body contouring. It focuses on the development of LIPO-202 for the reduction of central abdominal bulging due to subcutaneous fat in non-obese patients.
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