Galena Biopharma (GALE) Earns Daily Coverage Optimism Score of 0.14

News coverage about Galena Biopharma (NASDAQ:GALE) has been trending somewhat positive on Tuesday, according to Accern Sentiment Analysis. Accern rates the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Galena Biopharma earned a news sentiment score of 0.14 on Accern’s scale. Accern also assigned media headlines about the biotechnology company an impact score of 45.1967039817191 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Here are some of the media headlines that may have effected Accern Sentiment’s analysis:

Galena Biopharma (NASDAQ GALE) traded up 0.000% during midday trading on Tuesday, hitting $0.394. The stock had a trading volume of 49,631 shares. Galena Biopharma has a 1-year low of $0.26 and a 1-year high of $6.98. The company has a 50-day moving average of $0.37 and a 200-day moving average of $0.50. The stock’s market cap is $15.13 million.

Galena Biopharma (NASDAQ:GALE) last issued its quarterly earnings data on Monday, August 14th. The biotechnology company reported ($0.16) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.15) by ($0.01). During the same quarter in the prior year, the company posted $0.05 EPS. Equities research analysts forecast that Galena Biopharma will post ($0.59) EPS for the current year.

Separately, Maxim Group reissued a “hold” rating on shares of Galena Biopharma in a research note on Wednesday, August 9th.

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Galena Biopharma Company Profile

Galena Biopharma, Inc is a biopharmaceutical company. The Company focuses on developing and commercializing targeted oncology therapeutics that address unmet medical needs. The Company’s development portfolio ranges from mid- to late-stage clinical assets, including cancer immunotherapy program led by NeuVax (nelipepimut-S), GALE-301 and GALE-302.

Insider Buying and Selling by Quarter for Galena Biopharma (NASDAQ:GALE)

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