Pain Therapeutics (PTIE) Receiving Somewhat Positive News Coverage, Analysis Finds

News articles about Pain Therapeutics (NASDAQ:PTIE) have trended somewhat positive on Sunday, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Pain Therapeutics earned a news sentiment score of 0.15 on Accern’s scale. Accern also gave media coverage about the biopharmaceutical company an impact score of 45.4545778943914 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

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

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A number of equities research analysts recently commented on the stock. ValuEngine cut shares of Pain Therapeutics from a “sell” rating to a “strong sell” rating in a research note on Thursday, March 1st. Zacks Investment Research raised shares of Pain Therapeutics from a “hold” rating to a “buy” rating and set a $8.25 price objective on the stock in a research note on Wednesday, March 14th.

Shares of Pain Therapeutics stock traded down $0.26 during midday trading on Friday, reaching $6.66. 73,666 shares of the company were exchanged, compared to its average volume of 137,006. The firm has a market cap of $43.93, a PE ratio of -3.64 and a beta of 2.77. Pain Therapeutics has a 12-month low of $3.10 and a 12-month high of $12.80.

Pain Therapeutics (NASDAQ:PTIE) last issued its quarterly earnings data on Monday, February 5th. The biopharmaceutical company reported ($0.37) EPS for the quarter. sell-side analysts anticipate that Pain Therapeutics will post -1.65 EPS for the current year.

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About Pain Therapeutics

Pain Therapeutics, Inc is a biopharmaceutical company. The Company is focused on drug development efforts on disorders of the nervous system, such as chronic pain. The Company’s lead drug candidate, REMOXY, is an abuse-deterrent, oral formulation of oxycodone (CII). The Company’s other products is FENROCK.

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