Accelerate Diagnostics (AXDX) Receives Media Sentiment Score of 0.07

News coverage about Accelerate Diagnostics (NASDAQ:AXDX) has trended somewhat positive on Thursday, according to Accern Sentiment. The research firm identifies positive and negative news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Accelerate Diagnostics earned a news sentiment score of 0.07 on Accern’s scale. Accern also gave news articles about the medical research company an impact score of 45.6154360290924 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the media stories that may have impacted Accern Sentiment’s analysis:

Accelerate Diagnostics (AXDX) opened at $27.10 on Thursday. Accelerate Diagnostics has a 52-week low of $16.75 and a 52-week high of $30.45.

AXDX has been the topic of several research analyst reports. BidaskClub cut shares of Accelerate Diagnostics from a “hold” rating to a “sell” rating in a research report on Wednesday, August 9th. Zacks Investment Research cut shares of Accelerate Diagnostics from a “hold” rating to a “sell” rating in a research report on Tuesday, November 7th. Finally, ValuEngine cut shares of Accelerate Diagnostics from a “hold” rating to a “sell” rating in a research report on Friday, August 11th. Three investment analysts have rated the stock with a sell rating and two have issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $33.00.

In other Accelerate Diagnostics news, Director Jack W. Schuler acquired 61,300 shares of the business’s stock in a transaction on Friday, October 13th. The shares were acquired at an average price of $19.29 per share, for a total transaction of $1,182,477.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jack W. Schuler acquired 51,600 shares of the business’s stock in a transaction on Wednesday, October 11th. The stock was acquired at an average price of $20.27 per share, for a total transaction of $1,045,932.00. The disclosure for this purchase can be found here. Insiders have purchased 981,667 shares of company stock worth $18,879,924 in the last quarter. 50.00% of the stock is owned by corporate insiders.

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About Accelerate Diagnostics

Accelerate Diagnostics, Inc is an in vitro diagnostics company engaged in providing solutions that develop patient outcomes through the diagnosis of serious infections. The Company’s in vitro diagnostic platform, the Accelerate Pheno system utilizes genotypic technology to identify (ID), infectious pathogens and phenotypic technology to conduct antibiotic susceptibility testing (AST), which determines whether live bacterial or fungal cells are resistant or susceptible to a particular antibiotic.

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