Myokardia (MYOK) Receiving Somewhat Positive News Coverage, Analysis Shows

News articles about Myokardia (NASDAQ:MYOK) have trended somewhat positive this week, according to Accern. Accern identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Myokardia earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave media stories about the biotechnology company an impact score of 44.9722746752165 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the news articles that may have impacted Accern Sentiment’s scoring:

Several analysts have recently issued reports on the stock. BidaskClub raised shares of Myokardia from a “hold” rating to a “buy” rating in a research report on Saturday. ValuEngine raised shares of Myokardia from a “sell” rating to a “hold” rating in a research report on Friday, February 2nd. Credit Suisse Group reissued an “outperform” rating and issued a $60.00 price target on shares of Myokardia in a research report on Thursday, January 18th. Zacks Investment Research lowered shares of Myokardia from a “hold” rating to a “sell” rating in a research report on Wednesday, January 3rd. Finally, TheStreet lowered shares of Myokardia from a “c” rating to a “d+” rating in a research report on Friday, November 3rd. One analyst has rated the stock with a sell rating, one has issued a hold rating and seven have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $55.67.

Shares of Myokardia (NASDAQ MYOK) opened at $56.30 on Monday. The firm has a market cap of $2,010.00 and a P/E ratio of -76.08. Myokardia has a twelve month low of $10.80 and a twelve month high of $57.55.

In other Myokardia news, insider Jake Bauer sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 2nd. The shares were sold at an average price of $42.89, for a total value of $214,450.00. Following the completion of the transaction, the insider now owns 62,877 shares of the company’s stock, valued at approximately $2,696,794.53. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Anastasios Gianakakos sold 3,000 shares of the business’s stock in a transaction that occurred on Monday, February 5th. The stock was sold at an average price of $51.05, for a total transaction of $153,150.00. Following the completion of the transaction, the insider now directly owns 77,390 shares of the company’s stock, valued at approximately $3,950,759.50. The disclosure for this sale can be found here. Insiders have sold a total of 840,326 shares of company stock worth $35,376,662 in the last ninety days. 33.40% of the stock is currently owned by insiders.

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Myokardia Company Profile

MyoKardia, Inc is a clinical-stage biopharmaceutical company. The Company focuses on the treatment of heritable cardiomyopathies, a group of rare, genetically-driven forms of heart failure that result from biomechanical defects in cardiac muscle contraction. The Company is engaged in the business of developing and commercializing therapeutics.

Insider Buying and Selling by Quarter for Myokardia (NASDAQ:MYOK)

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