Foundation Medicine (FMI) Given Daily Media Sentiment Rating of 0.29
Media stories about Foundation Medicine (NASDAQ:FMI) have trended positive this week, Accern reports. Accern ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Foundation Medicine earned a coverage optimism score of 0.29 on Accern’s scale. Accern also gave news headlines about the company an impact score of 46.3288009830248 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the headlines that may have effected Accern Sentiment’s analysis:
- Lookout For Risk Factors – Foundation Medicine, Inc., (NASDAQ: FMI) – Stock Watch (stocksnewstimes.com)
- Top Stock Gainers & News Inspiring Rally – AMWD, SFIX, FMI, AMBA, CVNA – Nasdaq (nasdaq.com)
- Coming Out Of Shadows? Sysco Corporation (SYY), Foundation Medicine, Inc. (FMI) – Market Movers (financialqz.com)
- Traders Purchase High Volume of Put Options on Foundation Medicine (FMI) (americanbankingnews.com)
- Charting the Market: Foundation Medicine’s Test Flags 324 Cancer Genes (barrons.com)
Shares of Foundation Medicine (NASDAQ:FMI) traded down $3.35 during mid-day trading on Tuesday, hitting $58.90. The company had a trading volume of 461,160 shares, compared to its average volume of 232,024. Foundation Medicine has a 52-week low of $17.10 and a 52-week high of $70.75. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.24 and a quick ratio of 2.03.
A number of equities research analysts recently issued reports on FMI shares. Zacks Investment Research lowered Foundation Medicine from a “buy” rating to a “hold” rating in a research note on Tuesday, November 7th. BidaskClub lowered Foundation Medicine from a “buy” rating to a “hold” rating in a research note on Monday, September 18th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Foundation Medicine currently has an average rating of “Hold” and an average target price of $43.00.
In other Foundation Medicine news, insider Vincent A. Miller sold 2,944 shares of Foundation Medicine stock in a transaction on Monday, October 2nd. The stock was sold at an average price of $38.80, for a total transaction of $114,227.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Jason Ryan sold 3,154 shares of Foundation Medicine stock in a transaction on Monday, October 2nd. The shares were sold at an average price of $38.80, for a total value of $122,375.20. The disclosure for this sale can be found here. Insiders have sold a total of 30,057 shares of company stock valued at $1,301,960 over the last three months. 2.70% of the stock is owned by corporate insiders.
Foundation Medicine Company Profile
Foundation Medicine, Inc is a molecular information company. The Company sells products that are enabled by its molecular information platform to physicians and biopharmaceutical companies. It is engaged in the business of delivering molecular information about cancer to its customers. Its platform includes various methods and algorithms for analyzing specimens across various types of cancer.
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