Somewhat Positive Media Coverage Somewhat Unlikely to Affect Strongbridge Biopharma (SBBP) Share Price

News articles about Strongbridge Biopharma (NASDAQ:SBBP) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Strongbridge Biopharma earned a news sentiment score of 0.11 on Accern’s scale. Accern also assigned media coverage about the biotechnology company an impact score of 45.0338659217663 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

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

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A number of equities research analysts recently issued reports on SBBP shares. Cantor Fitzgerald set a $14.00 price target on shares of Strongbridge Biopharma and gave the company a “buy” rating in a research note on Thursday, April 5th. BidaskClub downgraded shares of Strongbridge Biopharma from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, April 4th. HC Wainwright reaffirmed a “buy” rating and set a $18.00 price target on shares of Strongbridge Biopharma in a research note on Thursday, January 18th. Finally, Zacks Investment Research downgraded shares of Strongbridge Biopharma from a “buy” rating to a “hold” rating in a research note on Wednesday, January 17th. One research analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $12.81.

Shares of SBBP opened at $8.35 on Wednesday. Strongbridge Biopharma has a twelve month low of $3.50 and a twelve month high of $9.25. The firm has a market capitalization of $371.08, a PE ratio of -5.76 and a beta of 0.99. The company has a current ratio of 4.88, a quick ratio of 4.84 and a debt-to-equity ratio of -3.17.

Strongbridge Biopharma (NASDAQ:SBBP) last announced its earnings results on Monday, March 12th. The biotechnology company reported ($0.34) earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of ($0.34). The firm had revenue of $2.98 million during the quarter, compared to analysts’ expectations of $2.98 million. equities research analysts predict that Strongbridge Biopharma will post -1.52 earnings per share for the current year.

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Strongbridge Biopharma Company Profile

Strongbridge Biopharma plc, a commercial-stage biopharmaceutical company, focuses on the development and commercialization of therapies for rare diseases with unmet needs. The company's commercial products include Keveyis, an oral carbonic anhydrase inhibitor for treating hyperkalemic, hypokalemic, and related variants of primary periodic paralysis in the United States; and Macrilen, an oral growth hormone secretagogue receptor agonist for use in the diagnosis of patients with adult growth hormone deficiency in the United States and Canada.

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