XBiotech (XBIT) Receives News Impact Score of 0.05

Media coverage about XBiotech (NASDAQ:XBIT) has trended somewhat positive on Monday, according to Accern. The research firm identifies positive and negative 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 negative one to one, with scores closest to one being the most favorable. XBiotech earned a news sentiment score of 0.05 on Accern’s scale. Accern also assigned news stories about the biopharmaceutical company an impact score of 45.4801347246835 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

XBiotech (NASDAQ:XBIT) traded down $0.08 during mid-day trading on Monday, hitting $4.14. The stock had a trading volume of 112,100 shares, compared to its average volume of 216,306. XBiotech has a 52 week low of $2.77 and a 52 week high of $20.18.

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XBiotech Company Profile

XBiotech Inc is a clinical-stage biopharmaceutical company. The Company is engaged in discovering and developing True Human monoclonal antibodies for treating a range of different diseases. It focuses on its lead product candidate, Xilonix (MABp1), which is derived from a natural human immune response.

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