Press coverage about Midatech Pharma PLC (NASDAQ:MTP) has been trending somewhat negative on Thursday, according to Accern. The research firm rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Midatech Pharma PLC earned a coverage optimism score of -0.05 on Accern’s scale. Accern also gave press coverage about the company an impact score of 47.2178149393176 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Shares of Midatech Pharma PLC (NASDAQ MTP) opened at 1.46 on Thursday. The firm’s 50-day moving average price is $1.78 and its 200-day moving average price is $2.42. The firm’s market capitalization is $35.56 million. Midatech Pharma PLC has a 12-month low of $1.29 and a 12-month high of $3.65.

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Midatech Pharma PLC Company Profile

Midatech Pharma PLC is an early-stage biopharmaceutical company that focuses on commercializing and developing products in oncology and other therapeutic areas. The Company’s segments include Pipeline Research and Development, and Commercial. The Pipeline Research and Development segment seeks to develop products using the nanomedicine and sustained release technology platforms.

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