Press coverage about Aptevo Therapeutics (NASDAQ:APVO) has trended somewhat positive this week, according to Accern. The research firm ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Aptevo Therapeutics earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned headlines about the biotechnology company an impact score of 45.7132029274009 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
A number of research analysts recently commented on the company. ValuEngine cut Aptevo Therapeutics from a “hold” rating to a “sell” rating in a report on Friday, November 10th. Piper Jaffray Companies reissued an “overweight” rating and issued a $6.00 price target on shares of Aptevo Therapeutics in a report on Thursday, October 5th.
Aptevo Therapeutics (NASDAQ:APVO) traded down $0.12 during midday trading on Friday, reaching $3.34. The company had a trading volume of 259,500 shares, compared to its average volume of 360,175. The company has a debt-to-equity ratio of 0.19, a quick ratio of 7.67 and a current ratio of 7.76. Aptevo Therapeutics has a one year low of $1.15 and a one year high of $4.85.
In other Aptevo Therapeutics news, VP Randy Joe Maddux purchased 25,000 shares of the stock in a transaction that occurred on Wednesday, November 15th. The shares were bought at an average cost of $2.76 per share, with a total value of $69,000.00. Following the acquisition, the vice president now owns 25,000 shares in the company, valued at $69,000. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 15.60% of the stock is currently owned by insiders.
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Aptevo Therapeutics Company Profile
Aptevo Therapeutics Inc is a biotechnology company. The Company is focused on oncology and hematology therapeutics. The Company is engaged in the discovery, development, commercialization and sale of oncology and hematology therapeutics. The Company’s technology is the ADAPTIR (modular protein technology) platform.
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