Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Tenax Therapeutics (TENX) Stock Price
News stories about Tenax Therapeutics (NASDAQ:TENX) have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of news coverage by analyzing more than 20 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. Tenax Therapeutics earned a news sentiment score of 0.11 on Accern’s scale. Accern also assigned news articles about the specialty pharmaceutical company an impact score of 45.3056359104933 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Tenax Therapeutics (NASDAQ:TENX) traded down 0.477% during midday trading on Friday, reaching $0.417. 477,590 shares of the company traded hands. Tenax Therapeutics has a 12-month low of $0.31 and a 12-month high of $2.65. The stock’s market capitalization is $11.77 million. The company has a 50 day moving average of $0.37 and a 200-day moving average of $0.49.
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Tenax Therapeutics Company Profile
Tenax Therapeutics, Inc is a specialty pharmaceutical company. The Company is focused on identifying, developing and commercializing products for the critical care market. The Company’s main product is levosimendan. Levosimendan is a calcium sensitizer developed for intravenous use in hospitalized patients with acutely decompensated heart failure.
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