Positive News Coverage Somewhat Unlikely to Affect TiGenix – American Depositary Shares (TIG) Share Price
News headlines about TiGenix – American Depositary Shares (NYSE:TIG) have been trending positive recently, according to Accern. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. TiGenix – American Depositary Shares earned a coverage optimism score of 0.30 on Accern’s scale. Accern also gave press coverage about the company an impact score of 45.7369074733412 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Separately, Canaccord Genuity set a $22.00 target price on shares of TiGenix – American Depositary Shares and gave the company a “buy” rating in a report on Wednesday, May 31st.
Shares of TiGenix – American Depositary Shares (NYSE:TIG) traded down 1.85% during trading on Tuesday, reaching $23.02. 4,129 shares of the company’s stock traded hands. The company has a market capitalization of $299.19 million and a price-to-earnings ratio of 52.32. The stock has a 50-day moving average of $23.45 and a 200-day moving average of $16.13. TiGenix – American Depositary Shares has a 1-year low of $10.77 and a 1-year high of $23.56.
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