SeaSpine Holdings Corporation (NASDAQ:SPNE) Receiving Somewhat Positive Media Coverage, Study Shows

Media coverage about SeaSpine Holdings Corporation (NASDAQ:SPNE) has been trending somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of news coverage by monitoring more than 20 million blog and news 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. SeaSpine Holdings Corporation earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news coverage about the medical equipment provider an impact score of 46.0467901326619 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

SeaSpine Holdings Corporation (NASDAQ SPNE) opened at 11.67 on Friday. The company’s market capitalization is $146.47 million. SeaSpine Holdings Corporation has a 12 month low of $6.31 and a 12 month high of $13.46. The stock’s 50 day moving average price is $12.09 and its 200-day moving average price is $9.33.

Several equities analysts have commented on the company. HC Wainwright set a $15.00 target price on SeaSpine Holdings Corporation and gave the company a “buy” rating in a research report on Monday, August 7th. BTIG Research began coverage on SeaSpine Holdings Corporation in a research report on Tuesday, June 20th. They set a “buy” rating for the company. Finally, ValuEngine upgraded SeaSpine Holdings Corporation from a “strong sell” rating to a “sell” rating in a research report on Friday, June 2nd.

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About SeaSpine Holdings Corporation

SeaSpine Holdings Corporation is a medical technology company. The Company is focused on the design, development and commercialization of surgical solutions for the treatment of patients suffering from spinal disorders. The Company operates through the development, manufacture and marketing of orthobiologics and spinal fusion hardware segment.

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