News coverage about Anika Therapeutics (NASDAQ:ANIK) has trended somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Anika Therapeutics earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned news coverage about the biotechnology company an impact score of 46.5690405048481 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of ANIK opened at $49.72 on Monday. The stock has a market cap of $730.58, a P/E ratio of 25.37, a P/E/G ratio of 3.17 and a beta of 1.73. Anika Therapeutics has a 52-week low of $42.17 and a 52-week high of $69.81.
Anika Therapeutics (NASDAQ:ANIK) last issued its quarterly earnings data on Wednesday, February 21st. The biotechnology company reported $0.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.03). The company had revenue of $29.39 million for the quarter, compared to analysts’ expectations of $29.85 million. Anika Therapeutics had a return on equity of 11.91% and a net margin of 28.05%. The business’s revenue for the quarter was up 2.3% on a year-over-year basis. During the same period last year, the company posted $0.54 EPS. analysts expect that Anika Therapeutics will post 1.57 earnings per share for the current fiscal year.
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Anika Therapeutics Company Profile
Anika Therapeutics, Inc is an orthopedic medicines company. The Company is engaged in developing, manufacturing and commercializing products based on its hyaluronic acid (HA) technology. The Company’s orthopedic medicine portfolio includes ORTHOVISC, MONOVISC, and CINGAL, which alleviate pain and restore joint function by replenishing depleted HA, and HYALOFAST, a solid HA-based scaffold to aid cartilage repair and regeneration.
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