CryoPort (CYRX) Receiving Favorable Press Coverage, AlphaOne Reports

Media coverage about CryoPort (NASDAQ:CYRX) has trended positive on Friday, according to Alpha One Sentiment Analysis. The research firm, a service of Accern, scores the sentiment of news coverage by analyzing more than twenty million blog and news sources. Alpha One ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. CryoPort earned a news sentiment score of 0.37 on Alpha One’s scale. Alpha One also gave news headlines about the company an impact score of 0 out of 100, meaning that recent news coverage is extremely unlikely to have an impact on the company’s share price in the near future.

Insider Buying and Selling by Quarter for CryoPort (NASDAQ:CYRX)

CYRX has been the subject of a number of research reports. Needham & Company LLC initiated coverage on shares of CryoPort in a research note on Monday, April 3rd. They issued a “buy” rating and a $3.50 price objective for the company. ValuEngine raised shares of CryoPort from a “sell” rating to a “hold” rating in a research note on Thursday, May 11th. Finally, Cowen and Company initiated coverage on shares of CryoPort in a research note on Friday. They issued an “outperform” rating and a $5.50 price objective for the company.

CryoPort (NASDAQ:CYRX) traded up 0.21% during mid-day trading on Friday, reaching $4.68. 309,540 shares of the company were exchanged. CryoPort has a 1-year low of $1.50 and a 1-year high of $4.75. The stock’s 50-day moving average price is $3.35 and its 200-day moving average price is $3.12. The stock’s market capitalization is $112.20 million.

CryoPort (NASDAQ:CYRX) last announced its earnings results on Thursday, May 4th. The company reported ($0.10) EPS for the quarter, beating analysts’ consensus estimates of ($0.14) by $0.04. CryoPort had a negative return on equity of 104.79% and a negative net margin of 137.99%. The company had revenue of $2.71 million during the quarter, compared to analysts’ expectations of $2.59 million. On average, equities research analysts anticipate that CryoPort will post ($0.72) EPS for the current fiscal year.

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About CryoPort

Cryoport, Inc (Cryoport) is a provider of cryogenic logistics solutions to the life sciences industry through its purpose-built packaging, information technology and specialized cold chain logistics expertise. The Company provides logistics solutions for biologic materials, such as immunotherapies, stem cells, chimeric antigen receptors (CAR)-T cells, and reproductive cells for clients.

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