News articles about Senomyx (NASDAQ:SNMX) have been trending somewhat positive this week, according to Accern. Accern ranks the sentiment of media coverage by reviewing more than twenty million blog and news 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. Senomyx earned a daily sentiment score of 0.17 on Accern’s scale. Accern also assigned news articles about the specialty chemicals company an impact score of 45.3884716527665 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Senomyx (SNMX) opened at 0.60 on Friday. Senomyx has a 12 month low of $0.56 and a 12 month high of $4.85. The stock’s market capitalization is $28.51 million. The firm has a 50-day moving average price of $0.74 and a 200 day moving average price of $0.92.
Senomyx (NASDAQ:SNMX) last announced its quarterly earnings data on Thursday, July 27th. The specialty chemicals company reported ($0.06) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.01. The business had revenue of $4.87 million for the quarter, compared to analyst estimates of $4.60 million. Senomyx had a negative return on equity of 85.22% and a negative net margin of 63.38%. The company’s revenue was down 25.8% on a year-over-year basis. During the same period in the prior year, the company earned ($0.05) earnings per share. Equities analysts anticipate that Senomyx will post ($0.27) earnings per share for the current year.
SNMX has been the topic of a number of recent research reports. Zacks Investment Research upgraded shares of Senomyx from a “sell” rating to a “hold” rating in a research report on Wednesday, May 10th. Roth Capital set a $2.00 price target on Senomyx and gave the stock a “hold” rating in a research note on Tuesday, May 2nd. Finally, ValuEngine downgraded Senomyx from a “sell” rating to a “strong sell” rating in a report on Friday, June 2nd. One research analyst has rated the stock with a sell rating and four have given a hold rating to the company. Senomyx has an average rating of “Hold” and an average price target of $2.00.
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Senomyx Company Profile
Senomyx, Inc is focused on using taste receptor technologies to discover, develop and commercialize flavor ingredients for the packaged food, beverage and ingredient supply industries. The Company operates through development and commercialization of flavor ingredients segment. It is engaged in the discovery, development and/or commercialization of flavor ingredients through over five programs.
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