News headlines about Ceres (NASDAQ:CERE) have been trending somewhat positive on Wednesday, Accern reports. The research firm rates the sentiment of press coverage by monitoring more than 20 million news and blog 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. Ceres earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned press coverage about the biotechnology company an impact score of 46.8766222992894 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Ceres (NASDAQ CERE) remained flat at $$0.40 on Wednesday. The company had a trading volume of 182,300 shares, compared to its average volume of 848,868. Ceres has a one year low of $0.16 and a one year high of $4.80. The stock has a market capitalization of $11.07, a price-to-earnings ratio of -0.22 and a beta of 0.98.
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Ceres, Inc is an agricultural biotechnology company that develops and markets seeds and traits to produce crops for feed, forages, sugar and other markets. The Company uses a combination of plant breeding, biotechnology and bioinformatics to develop seed products and biotechnology traits. Its Forage sorghum seeds are used for growing feed for livestock, including dairy and beef cattle.
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