News articles about Pacific Biosciences of California (NASDAQ:PACB) have trended positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Pacific Biosciences of California earned a media sentiment score of 0.42 on Accern’s scale. Accern also assigned news articles about the biotechnology company an impact score of 46.9877480295526 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the news articles that may have effected Accern Sentiment’s rankings:
- Charting the Pacific Biosciences of California, Inc. (PACB): does technical analysis work? – Wall Street Morning (wallstreetmorning.com)
- Latest figures makes these Stock Even More Attractive: Wright Medical Group NV, (NASDAQ: WMGI), Pacific … – Stocks In The News (press release) (tradingnewsnow.com)
- Pacific Biosciences of California, Inc. (PACB) : Stock in the Analysts Spotlight – Wall Street Morning (wallstreetmorning.com)
- Head to Head Comparison: Accuray (ARAY) vs. Pacific Biosciences of California (PACB) (americanbankingnews.com)
Shares of Pacific Biosciences of California (NASDAQ:PACB) opened at $2.77 on Friday. The company has a current ratio of 3.75, a quick ratio of 3.15 and a debt-to-equity ratio of 0.10. Pacific Biosciences of California has a 12-month low of $2.66 and a 12-month high of $7.14.
A number of research firms recently weighed in on PACB. Zacks Investment Research downgraded Pacific Biosciences of California from a “buy” rating to a “hold” rating in a research note on Thursday, August 10th. CL King downgraded Pacific Biosciences of California from a “buy” rating to a “neutral” rating and set a $6.80 price target for the company. in a research report on Thursday, September 28th. Finally, First Analysis downgraded Pacific Biosciences of California from an “overweight” rating to an “equal weight” rating and set a $4.00 price target for the company. in a research report on Friday, November 3rd. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. Pacific Biosciences of California currently has a consensus rating of “Hold” and a consensus target price of $6.27.
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Pacific Biosciences of California Company Profile
Pacific Biosciences of California, Inc designs, develops and manufactures sequencing systems to help scientists resolve genetically complex problems. The Company is engaged in the development, manufacturing and marketing of an integrated platform for genetic analysis. Its Single Molecule, Real-Time (SMRT) technology enables single molecule, real-time detection of biological processes.
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