Somewhat Favorable News Coverage Somewhat Unlikely to Affect Ritter Pharmaceuticals (RTTR) Share Price
News stories about Ritter Pharmaceuticals (NASDAQ:RTTR) have trended somewhat positive this week, Accern Sentiment reports. Accern rates the sentiment of media coverage by monitoring 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. Ritter Pharmaceuticals earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned news articles about the biotechnology company an impact score of 48.0106404384874 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news headlines that may have impacted Accern’s analysis:
- Ritter Pharmaceuticals, Inc. (NASDAQ:RTTR) – Analysts’ Recommendation in Spotlight – Nasdaq Journal (press release) (nasdaqjournal.com)
- Eye-Catching Hot Stocks – Ritter Pharmaceuticals, Inc., (NASDAQ: RTTR) – Stock Watch (stocksnewstimes.com)
- Who Are Ritter Pharmaceuticals Inc’s (RTTR) Major Shareholders? (finance.yahoo.com)
- Ritter Pharmaceuticals, Inc. (RTTR) Expected to Announce Earnings of -$0.05 Per Share (americanbankingnews.com)
- Ritter Pharmaceuticals Changing the Game With Lactose Intolerance Treatment – TheStreet.com (thestreet.com)
Several research firms recently weighed in on RTTR. Zacks Investment Research upgraded Ritter Pharmaceuticals from a “hold” rating to a “buy” rating and set a $0.50 target price for the company in a research note on Tuesday, September 19th. Roth Capital set a $2.00 price objective on Ritter Pharmaceuticals and gave the stock a “buy” rating in a report on Monday, October 23rd. Finally, HC Wainwright dropped their price objective on Ritter Pharmaceuticals from $7.00 to $1.50 and set a “buy” rating on the stock in a report on Monday, October 23rd. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $2.92.
Ritter Pharmaceuticals (NASDAQ:RTTR) last announced its quarterly earnings data on Tuesday, October 31st. The biotechnology company reported ($0.14) earnings per share for the quarter, hitting the Zacks’ consensus estimate of ($0.14). sell-side analysts anticipate that Ritter Pharmaceuticals will post -0.66 EPS for the current year.
Ritter Pharmaceuticals Company Profile
Ritter Pharmaceuticals, Inc develops therapeutic products that modulate the human gut microbiome to treat gastrointestinal diseases. The Company’s segment is focusing on the development and commercialization of RP-G28. The Company conducts human gut health research by exploring metabolic capacity of the gut microbiota and translating the functionality of prebiotic-based therapeutics into applications intended to have impact on a patient’s health.
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