Media coverage about Celldex Therapeutics (NASDAQ:CLDX) has been trending positive recently, Accern Sentiment reports. The research firm rates the sentiment of media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Celldex Therapeutics earned a media sentiment score of 0.27 on Accern’s scale. Accern also assigned media headlines about the biopharmaceutical company an impact score of 47.7225626030024 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the news stories that may have impacted Accern’s rankings:
- High-Risky stock to Watch: Celldex Therapeutics, Inc. (CLDX) – Wallstreet Investorplace (wallstreetinvestorplace.com)
- Tracking the 52 Week High Stock – Celldex Therapeutics, Inc. (CLDX) – The Stocks News (press release) (thestocksnews.com)
- Celldex Therapeutics, Inc., (NASDAQ: CLDX) – Which Option is Best? – Buy or Sell – Stock Watch (stocksnewstimes.com)
- Is the Stock In Play? – Celldex Therapeutics Inc (NASDAQ: CLDX) – Alpha Beta Stock (alphabetastock.com)
- Celldex Therapeutics, Inc. (CLDX) Summary of Price Movements – The Stocks News (press release) (thestocksnews.com)
CLDX stock opened at $2.35 on Friday. The stock has a market capitalization of $344.22, a PE ratio of -3.18 and a beta of 2.63. Celldex Therapeutics has a 52 week low of $2.20 and a 52 week high of $3.75.
CLDX has been the topic of several recent research reports. HC Wainwright set a $10.00 target price on Celldex Therapeutics and gave the stock a “buy” rating in a report on Friday, February 9th. WBB Securities reaffirmed a “buy” rating and set a $10.00 target price on shares of Celldex Therapeutics in a report on Wednesday, December 6th. Cantor Fitzgerald reaffirmed a “buy” rating and set a $9.00 target price on shares of Celldex Therapeutics in a report on Wednesday, March 7th. BidaskClub raised Celldex Therapeutics from a “sell” rating to a “hold” rating in a report on Tuesday, March 6th. Finally, Leerink Swann reaffirmed a “market perform” rating and set a $3.00 target price (down from $4.00) on shares of Celldex Therapeutics in a report on Thursday, March 8th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $6.38.
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Celldex Therapeutics Company Profile
Celldex Therapeutics, Inc is a biopharmaceutical company. The Company is focused on the development and commercialization of several immunotherapy technologies for the treatment of cancer and other diseases. Its lead drug Rintega (also referred to as rindopepimut and CDX-110) is a therapeutic vaccine, which is meant for the treatment of glioblastoma patients.
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