Positive Media Coverage Somewhat Unlikely to Impact BioLife Solutions (BLFS) Share Price
News headlines about BioLife Solutions (NASDAQ:BLFS) have been trending positive recently, according to Accern Sentiment. The research firm ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. BioLife Solutions earned a media sentiment score of 0.35 on Accern’s scale. Accern also gave press coverage about the medical equipment provider an impact score of 45.5175960987432 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
BioLife Solutions (NASDAQ:BLFS) traded up $0.14 during trading on Tuesday, hitting $4.99. The stock had a trading volume of 30,100 shares, compared to its average volume of 64,288. The company has a market capitalization of $68.00, a price-to-earnings ratio of -11.88 and a beta of 0.32. BioLife Solutions has a twelve month low of $1.91 and a twelve month high of $7.53.
Separately, Maxim Group restated a “buy” rating and set a $7.00 target price on shares of BioLife Solutions in a report on Thursday, October 26th.
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About BioLife Solutions
BioLife Solutions, Inc (BioLife) is engaged in the developing, manufacturing and marketing a portfolio of biopreservation tools and services for cells, tissues and organs, including clinical grade cell and tissue hypothermic storage and cryopreservation freeze media and a related cloud hosted biologistics cold chain management application for shippers.
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