Senomyx (SNMX) Earns Coverage Optimism Score of 0.13
Media coverage about Senomyx (NASDAQ:SNMX) has been trending somewhat positive this week, according to Accern. Accern rates the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Senomyx earned a news sentiment score of 0.13 on Accern’s scale. Accern also gave news headlines about the specialty chemicals company an impact score of 44.4258655505583 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.
Senomyx (SNMX) opened at 0.60 on Monday. The company’s market cap is $28.51 million. The stock has a 50 day moving average of $0.74 and a 200-day moving average of $0.92. Senomyx has a 52-week low of $0.56 and a 52-week high of $4.85.
Senomyx (NASDAQ:SNMX) last released its quarterly earnings data on Thursday, July 27th. The specialty chemicals company reported ($0.06) EPS for the quarter, beating the consensus estimate of ($0.07) by $0.01. The company had revenue of $4.87 million during the quarter, compared to the consensus estimate of $4.60 million. Senomyx had a negative return on equity of 85.22% and a negative net margin of 63.38%. The firm’s revenue for the quarter was down 25.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.05) EPS. On average, analysts forecast that Senomyx will post ($0.27) EPS for the current year.
A number of research firms have issued reports on SNMX. Zacks Investment Research cut shares of Senomyx from a “hold” rating to a “sell” rating in a research note on Saturday, April 29th. ValuEngine lowered shares of Senomyx from a “sell” rating to a “strong sell” rating in a research report on Friday, June 2nd. Finally, Roth Capital set a $2.00 price target on shares of Senomyx and gave the company a “hold” rating in a research report on Tuesday, May 2nd. One equities research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. Senomyx has a consensus rating of “Hold” and an average price target of $2.00.
TRADEMARK VIOLATION NOTICE: “Senomyx (SNMX) Earns Coverage Optimism Score of 0.13” was originally published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this article on another publication, it was stolen and reposted in violation of US and international trademark & copyright laws. The correct version of this article can be viewed at https://www.thecerbatgem.com/2017/08/21/senomyx-snmx-earns-coverage-optimism-score-of-0-13.html.
Senomyx Company Profile
Senomyx, Inc is focused on using taste receptor technologies to discover, develop and commercialize flavor ingredients for the packaged food, beverage and ingredient supply industries. The Company operates through development and commercialization of flavor ingredients segment. It is engaged in the discovery, development and/or commercialization of flavor ingredients through over five programs.
Receive News & Stock Ratings for Senomyx Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Senomyx Inc. and related stocks with our FREE daily email newsletter.