Headlines about Polarityte (NASDAQ:COOL) have trended somewhat positive on Monday, Accern Sentiment reports. The research firm ranks the sentiment of news coverage by analyzing 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 closest to one being the most favorable. Polarityte earned a daily sentiment score of 0.17 on Accern’s scale. Accern also gave media coverage about the company an impact score of 45.7191030013251 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Shares of Polarityte (NASDAQ COOL) traded up $0.01 during midday trading on Monday, hitting $24.69. 30,300 shares of the company’s stock were exchanged, compared to its average volume of 80,744. Polarityte has a one year low of $3.41 and a one year high of $32.63.
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PolarityTE, Inc, formerly Majesco Entertainment Company, is the owner of patent applications and know-how related to regenerative medicine and tissue engineering, as well as software applications used in diagnosis and treatment related to regenerative medicine. The Company seeks to develop and obtain regulatory approval for technology that will utilize a patient’s own tissue substrates for the regeneration of skin, bone, muscle, cartilage, fat, blood vessels and nerves.
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