Media stories about NeuroDerm (NASDAQ:NDRM) have trended somewhat positive this week, Alpha One Sentiment reports. Alpha One, a division of Accern, ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Alpha One ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. NeuroDerm earned a coverage optimism score of 0.07 on Alpha One’s scale. Alpha One also gave media headlines about the biotechnology company an impact score of 0 out of 100, meaning that recent media coverage is extremely unlikely to have an impact on the company’s share price in the near future.
These are some of the media headlines that may have effected Alpha One’s rankings:
- NeuroDerm Ltd. (NDRM) Raised to “Outperform” at Oppenheimer Holdings, Inc. (americanbankingnews.com)
- Expansion of Global Clinical Trials for Treating an Array of Rare Diseases Boosting Market Growth (wallstreet-online.de)
- Here’s how analysts see Neuroderm Ltd (NASDAQ:NDRM) after this past week (ismboard.com)
- Neuroderm Ltd (NASDAQ:NDRM) We Bouyght The Stock At $21.50 Now Up a Big 30% (marketnewscall.com)
- Firm Fighting Parkinson’s Hails Reviews, Upgrade (baystreet.ca)
Shares of NeuroDerm (NDRM) remained flat at $29.10 during midday trading on Friday. 264,042 shares of the company’s stock traded hands. NeuroDerm has a 12-month low of $15.12 and a 12-month high of $30.75. The firm’s market cap is $766.44 million. The firm’s 50 day moving average price is $24.37 and its 200-day moving average price is $24.09.
NeuroDerm (NASDAQ:NDRM) last issued its quarterly earnings results on Thursday, May 11th. The biotechnology company reported ($0.25) EPS for the quarter, topping analysts’ consensus estimates of ($0.38) by $0.13. Equities research analysts anticipate that NeuroDerm will post ($2.02) EPS for the current fiscal year.
A number of equities analysts recently issued reports on the company. Roth Capital set a $33.00 target price on NeuroDerm and gave the stock a “buy” rating in a report on Wednesday. Oppenheimer Holdings, Inc. upgraded NeuroDerm from a “market perform” rating to an “outperform” rating and set a $42.00 target price on the stock in a report on Wednesday. Citigroup Inc. cut NeuroDerm from an “outperform” rating to a “market perform” rating in a report on Tuesday, March 7th. CIBC upgraded NeuroDerm from a “market perform” rating to an “outperform” rating and set a $42.00 target price on the stock in a report on Wednesday. Finally, Jefferies Group LLC reiterated a “buy” rating and issued a $42.00 target price on shares of NeuroDerm in a report on Monday, April 24th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. NeuroDerm presently has an average rating of “Buy” and a consensus target price of $43.50.
NeuroDerm Company Profile
NeuroDerm Ltd. is an Israel-based clinical-stage pharmaceutical company. The Company is engaged in developing treatments for central nervous system (CNS) disorders, primarily Parkinson’s disease, as well as other CNS diseases. The Company’s Parkinson’s disease product candidates are drug-device combination products, with devices and varying levodopa (LD)/carbidopa (CD) or apomorphine concentrations and dosages.
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