Positive Media Coverage Somewhat Likely to Affect Advaxis (ADXS) Share Price

Media stories about Advaxis (NASDAQ:ADXS) have been trending positive recently, Alpha One reports. The research group, a unit of Accern, identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real-time. Alpha One ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Advaxis earned a media sentiment score of 0.40 on Alpha One’s scale. Alpha One also assigned news headlines about the biotechnology company an impact score of 50 out of 100, indicating that recent media coverage is somewhat likely to have an impact on the stock’s share price in the near future.

Here are some of the news headlines that may have impacted Alpha One Sentiment’s rankings:

Several equities analysts have issued reports on the stock. Cantor Fitzgerald restated a “buy” rating and set a $19.00 target price on shares of Advaxis in a research note on Monday, February 27th. HC Wainwright set a $23.00 price target on shares of Advaxis and gave the company a “buy” rating in a research report on Monday, March 13th. Five analysts have rated the stock with a buy rating, Advaxis presently has an average rating of “Buy” and a consensus price target of $24.00.

Advaxis (NASDAQ:ADXS) last posted its quarterly earnings data on Friday, March 10th. The biotechnology company reported ($0.43) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.52) by $0.09. The business had revenue of $3.79 million during the quarter, compared to analysts’ expectations of $2.15 million.

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Advaxis Company Profile

Advaxis, Inc is a clinical-stage biotechnology company focused on the discovery, development and commercialization of Listeria monocytogenes (Lm)-Listeriolysin O (LLO) cancer immunotherapies. These immunotherapies are based on a platform technology that utilizes live attenuated Lm bioengineered to secrete antigen/adjuvant fusion proteins.

12 Month Chart for NASDAQ:ADXS

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