Somewhat Positive Press Coverage Somewhat Unlikely to Affect Axsome Therapeutics (AXSM) Share Price

Media stories about Axsome Therapeutics (NASDAQ:AXSM) have trended somewhat positive this week, according to Accern. The research group rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Axsome Therapeutics earned a news sentiment score of 0.16 on Accern’s scale. Accern also assigned news articles about the company an impact score of 46.5744411885076 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Shares of Axsome Therapeutics stock opened at $2.70 on Thursday. Axsome Therapeutics has a 52-week low of $2.45 and a 52-week high of $6.45. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.90 and a quick ratio of 2.90.

Axsome Therapeutics (NASDAQ:AXSM) last issued its earnings results on Wednesday, March 7th. The company reported ($0.28) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.32) by $0.04. equities research analysts anticipate that Axsome Therapeutics will post -0.26 EPS for the current year.

Several equities research analysts recently issued reports on AXSM shares. Zacks Investment Research raised Axsome Therapeutics from a “hold” rating to a “buy” rating and set a $6.50 price target on the stock in a research report on Monday, January 1st. Cantor Fitzgerald set a $13.00 price target on Axsome Therapeutics and gave the company a “buy” rating in a research report on Friday, December 1st. Finally, ValuEngine raised Axsome Therapeutics from a “strong sell” rating to a “sell” rating in a research report on Friday, February 2nd. Two analysts have rated the stock with a sell rating and four have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $16.90.

COPYRIGHT VIOLATION WARNING: “Somewhat Positive Press Coverage Somewhat Unlikely to Affect Axsome Therapeutics (AXSM) Share Price” was originally reported by BBNS and is the sole property of of BBNS. If you are accessing this piece on another publication, it was copied illegally and republished in violation of U.S. & international trademark & copyright legislation. The original version of this piece can be read at https://baseballnewssource.com/2018/03/22/axsome-therapeutics-axsm-given-daily-media-impact-rating-of-0-16/1926423.html.

About Axsome Therapeutics

Axsome Therapeutics, Inc is a clinical-stage biopharmaceutical company. The Company is engaged in developing therapies for the management of central nervous system (CNS) disorders, including pain. It operates in the business of developing novel therapies for the management of CNS disorders segment. Its product candidate, AXS-02 (disodium zoledronate tetrahydrate), is an oral, targeted, non opioid therapeutic for chronic pain.

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