Somewhat Positive Press Coverage Somewhat Unlikely to Affect Spectranetics (SPNC) Stock Price
News coverage about Spectranetics (NASDAQ:SPNC) has been trending somewhat positive on Thursday, according to Accern Sentiment. The research group identifies positive and negative 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 negative one to one, with scores closest to one being the most favorable. Spectranetics earned a coverage optimism score of 0.12 on Accern’s scale. Accern also assigned media stories about the medical equipment provider an impact score of 45.826314466897 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Shares of Spectranetics (SPNC) opened at $38.45 on Thursday. Spectranetics has a 12-month low of $19.80 and a 12-month high of $38.55. The company has a debt-to-equity ratio of 7.61, a current ratio of 1.92 and a quick ratio of 1.43.
The Spectranetics Corporation develops, manufactures, markets and distributes single-use medical devices used in minimally invasive procedures within the cardiovascular system. The Company’s products are used to cross, prepare and treat arterial blockages in the heart and legs and to manage pacemaker and defibrillator cardiac leads.
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