News coverage about ContraFect (NASDAQ:CFRX) has been trending positive this week, Accern Sentiment reports. Accern ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. ContraFect earned a news impact score of 0.29 on Accern’s scale. Accern also assigned news articles about the biotechnology company an impact score of 45.4724413749036 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
NASDAQ:CFRX traded up $0.05 on Friday, hitting $1.63. 53,880 shares of the company’s stock were exchanged, compared to its average volume of 234,592. ContraFect has a 52 week low of $0.80 and a 52 week high of $2.40. The stock has a market capitalization of $119.71, a PE ratio of -4.39 and a beta of -0.62.
ContraFect (NASDAQ:CFRX) last issued its quarterly earnings results on Thursday, March 15th. The biotechnology company reported ($0.06) EPS for the quarter, topping the consensus estimate of ($0.10) by $0.04. research analysts expect that ContraFect will post -0.36 EPS for the current year.
ContraFect Corporation, a clinical-stage biotechnology company, focuses on discovering and developing therapeutic protein and antibody products for the treatment of life-threatening infectious diseases in the United States. Its lead product candidates consist of CF-301, a lysin that completed Phase 1 human clinical trials for the treatment of Staph aureus bacteremia, including endocarditis caused by methicillin-resistant or methicillin-susceptible Staph aureus; and CF-404, a combination of human monoclonal antibodies (mAbs) for the treatment of life-threatening seasonal and pandemic varieties of human influenza.
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