Concordia International Corp. (CXRX) Getting Somewhat Favorable Press Coverage, Analysis Shows
News stories about Concordia International Corp. (NASDAQ:CXRX) (TSE:CXR) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Concordia International Corp. earned a daily sentiment score of 0.16 on Accern’s scale. Accern also gave media stories about the company an impact score of 44.9326481838103 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s rankings:
- Concordia International Corp. (CXRX) – Oversold Roundup – Wall Street Morning (wallstreetmorning.com)
- Concordia International Corp. : Continues Discussions with Stakeholders Defers Unsecured Interest Payment due October 16th (4-traders.com)
- Concordia International Corp. (NASDAQ:CXRX) Drops in Trading Today – Down by 6.10% – First News 24 (firstnewspaper24.com)
- 52-Week Low Stock – Concordia International Corp. (CXRX) – Wall Street Morning (wallstreetmorning.com)
- Concordia International Corp. Continues Discussions with … – Markets Insider (markets.businessinsider.com)
Shares of Concordia International Corp. (CXRX) traded down 3.93% on Thursday, reaching $0.93. 220,975 shares of the company’s stock traded hands. The stock’s market capitalization is $47.56 million. The stock’s 50-day moving average price is $1.33 and its 200-day moving average price is $1.49. Concordia International Corp. has a 52 week low of $0.92 and a 52 week high of $5.55.
Concordia International Corp. (NASDAQ:CXRX) (TSE:CXR) last posted its quarterly earnings results on Friday, August 11th. The company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.15 by $0.04. The company had revenue of $160.80 million during the quarter, compared to analysts’ expectations of $160.92 million. Concordia International Corp. had a negative return on equity of 83.96% and a negative net margin of 269.97%. The firm’s revenue was down 30.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.38 EPS. Equities analysts predict that Concordia International Corp. will post $0.66 EPS for the current year.
A number of research firms have weighed in on CXRX. Zacks Investment Research cut shares of Concordia International Corp. from a “hold” rating to a “strong sell” rating in a research report on Thursday, August 17th. ValuEngine upgraded shares of Concordia International Corp. from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Five equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and one has assigned a buy rating to the stock. The stock has an average rating of “Sell” and a consensus price target of $8.00.
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Concordia International Corp. Company Profile
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