News coverage about Anika Therapeutics (NASDAQ:ANIK) has trended positive on Saturday, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Anika Therapeutics earned a daily sentiment score of 0.25 on Accern’s scale. Accern also assigned media coverage about the biotechnology company an impact score of 45.959962915856 out of 100, indicating 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 headlines that may have impacted Accern Sentiment’s scoring:
- North America and Europe Dermal Filler Market Value to Reach US$ 2,800.4 Mn by 2026 End (reports.pr-inside.com)
- Anika (ANIK) Grows in Orthopedic Medicines on Positive Data (finance.yahoo.com)
- ETFs with exposure to Anika Therapeutics, Inc. : August 15, 2017 (finance.yahoo.com)
- Facial Injectables Market Is Expected To Grow At A CAGR Of 11.5% From 2014 To 2025: Grand View Research, Inc. (medgadget.com)
Several research analysts have recently commented on the stock. BidaskClub upgraded shares of Anika Therapeutics from a “hold” rating to a “buy” rating in a research note on Tuesday, August 8th. Zacks Investment Research upgraded shares of Anika Therapeutics from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 2nd.
Shares of Anika Therapeutics (NASDAQ ANIK) traded up 0.27% on Friday, hitting $52.82. 489,516 shares of the stock traded hands. The firm has a market capitalization of $774.24 million, a PE ratio of 23.47 and a beta of 1.69. The firm’s 50 day moving average is $49.79 and its 200 day moving average is $47.14. Anika Therapeutics has a 52 week low of $41.38 and a 52 week high of $53.99.
Anika Therapeutics (NASDAQ:ANIK) last posted its quarterly earnings results on Wednesday, July 26th. The biotechnology company reported $0.76 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.44 by $0.32. Anika Therapeutics had a net margin of 30.44% and a return on equity of 14.88%. The firm had revenue of $33.50 million for the quarter, compared to analyst estimates of $27.20 million. During the same period in the prior year, the firm posted $0.57 earnings per share. The company’s quarterly revenue was up 25.9% compared to the same quarter last year. On average, analysts expect that Anika Therapeutics will post $2.20 EPS for the current fiscal year.
In other Anika Therapeutics news, CEO Charles H. Sherwood sold 14,201 shares of the company’s stock in a transaction on Wednesday, July 5th. The shares were sold at an average price of $50.03, for a total transaction of $710,476.03. Following the sale, the chief executive officer now directly owns 246,740 shares of the company’s stock, valued at $12,344,402.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jeffery S. Thompson sold 10,725 shares of the company’s stock in a transaction on Monday, May 22nd. The stock was sold at an average price of $47.39, for a total transaction of $508,257.75. Following the sale, the director now directly owns 15,845 shares in the company, valued at $750,894.55. The disclosure for this sale can be found here. Insiders have sold 88,725 shares of company stock worth $4,459,085 over the last ninety days. Insiders own 6.57% of the company’s stock.
Anika Therapeutics Company Profile
Anika Therapeutics, Inc is an orthopedic medicines company. The Company is engaged in developing, manufacturing and commercializing products based on its hyaluronic acid (HA) technology. The Company’s orthopedic medicine portfolio includes ORTHOVISC, MONOVISC, and CINGAL, which alleviate pain and restore joint function by replenishing depleted HA, and HYALOFAST, a solid HA-based scaffold to aid cartilage repair and regeneration.
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