Somewhat Positive Press Coverage Somewhat Unlikely to Affect Ocera Therapeutics (OCRX) Stock Price

Headlines about Ocera Therapeutics (NASDAQ:OCRX) have trended somewhat positive on Tuesday, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Ocera Therapeutics earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned news articles about the biopharmaceutical company an impact score of 45.0140674781133 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Shares of Ocera Therapeutics (OCRX) traded up $0.02 during midday trading on Tuesday, reaching $1.79. The company had a trading volume of 969,300 shares, compared to its average volume of 1,105,401. Ocera Therapeutics has a 1 year low of $0.52 and a 1 year high of $2.95. The firm has a market capitalization of $47.46, a PE ratio of -1.85 and a beta of 2.46.

Ocera Therapeutics (NASDAQ:OCRX) last issued its quarterly earnings results on Tuesday, November 14th. The biopharmaceutical company reported ($0.24) EPS for the quarter, meeting the consensus estimate of ($0.24). equities analysts forecast that Ocera Therapeutics will post -0.93 earnings per share for the current year.

A number of equities research analysts recently commented on the company. Zacks Investment Research downgraded Ocera Therapeutics from a “buy” rating to a “hold” rating in a report on Wednesday, October 4th. HC Wainwright cut Ocera Therapeutics from a “buy” rating to a “neutral” rating and set a $1.75 price objective for the company. in a research report on Friday, November 3rd. Finally, Cowen reaffirmed a “buy” rating and set a $11.00 price objective on shares of Ocera Therapeutics in a research report on Monday, December 18th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the stock. Ocera Therapeutics currently has an average rating of “Hold” and a consensus target price of $3.55.

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About Ocera Therapeutics

Ocera Therapeutics, Inc is a clinical-stage biopharmaceutical company. The Company is focused on acute and chronic orphan liver diseases. The Company is focused on the development and commercialization of its clinical candidate, OCR-002, for the treatment of hepatic encephalopathy (HE). OCR-002 is a molecule, ornithine phenylacetate, which functions as an ammonia scavenger.

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