Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Senomyx (SNMX) Share Price
News articles about Senomyx (NASDAQ:SNMX) have trended somewhat positive this week, Accern reports. The research firm scores the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Senomyx earned a news impact score of 0.16 on Accern’s scale. Accern also gave news articles about the specialty chemicals company an impact score of 46.0134435163503 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
SNMX has been the subject of a number of research analyst reports. ValuEngine raised shares of Senomyx from a “strong sell” rating to a “sell” rating in a research report on Monday, November 20th. Zacks Investment Research raised shares of Senomyx from a “hold” rating to a “buy” rating and set a $1.75 price target for the company in a research report on Wednesday, November 22nd.
Senomyx (NASDAQ SNMX) traded up $0.07 during trading hours on Wednesday, reaching $1.31. The company had a trading volume of 670,300 shares, compared to its average volume of 228,530. Senomyx has a 12-month low of $0.56 and a 12-month high of $1.71.
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Senomyx, Inc is focused on using taste receptor technologies to discover, develop and commercialize flavor ingredients for the packaged food, beverage and ingredient supply industries. The Company operates through development and commercialization of flavor ingredients segment. It is engaged in the discovery, development and/or commercialization of flavor ingredients through over five programs.
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