Celldex Therapeutics (CLDX) Receives Coverage Optimism Score of 0.12
News headlines about Celldex Therapeutics (NASDAQ:CLDX) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Celldex Therapeutics earned a news sentiment score of 0.12 on Accern’s scale. Accern also gave media stories about the biopharmaceutical company an impact score of 46.9328507059593 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Several analysts have weighed in on CLDX shares. WBB Securities reiterated a “buy” rating and issued a $10.00 price objective on shares of Celldex Therapeutics in a research report on Wednesday, December 6th. HC Wainwright reiterated a “buy” rating on shares of Celldex Therapeutics in a research report on Tuesday, November 7th. Finally, BidaskClub upgraded Celldex Therapeutics from a “strong sell” rating to a “sell” rating in a research report on Friday, January 5th. Three equities research analysts have rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the company’s stock. Celldex Therapeutics presently has an average rating of “Hold” and a consensus price target of $7.05.
Shares of Celldex Therapeutics (CLDX) opened at $2.84 on Friday. Celldex Therapeutics has a 12-month low of $2.20 and a 12-month high of $3.94. The firm has a market capitalization of $391.72, a P/E ratio of -2.81 and a beta of 2.73.
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Celldex Therapeutics Company Profile
Celldex Therapeutics, Inc is a biopharmaceutical company. The Company is focused on the development and commercialization of several immunotherapy technologies for the treatment of cancer and other diseases. Its lead drug Rintega (also referred to as rindopepimut and CDX-110) is a therapeutic vaccine, which is meant for the treatment of glioblastoma patients.
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