Enzon Pharmaceuticals (ENZN) Getting Somewhat Positive News Coverage, Accern Reports
News headlines about Enzon Pharmaceuticals (NASDAQ:ENZN) have trended somewhat positive on Sunday, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Enzon Pharmaceuticals earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave news stories about the biotechnology company an impact score of 45.6400703661965 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Shares of Enzon Pharmaceuticals (NASDAQ ENZN) traded down 2.0984% on Friday, hitting $0.3779. 54,805 shares of the company’s stock traded hands. The company has a market cap of $16.71 million and a price-to-earnings ratio of 18.8950. Enzon Pharmaceuticals has a 1-year low of $0.22 and a 1-year high of $0.50. The firm’s 50-day moving average price is $0.37 and its 200 day moving average price is $0.30.
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About Enzon Pharmaceuticals
Enzon Pharmaceuticals, Inc receives royalty revenues from existing licensing arrangements with other companies primarily related to sales of four marketed drug products: PegIntron, Sylatron, Macugen and CIMZIA. The Company has no clinical operations and limited corporate operations. PegIntron is used both as a monotherapy and in combination with REBETOL (ribavirin) capsules for the treatment of chronic hepatitis C.
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