Nymox Pharmaceutical (NYMX) Earning Somewhat Favorable Media Coverage, Study Finds

Media headlines about Nymox Pharmaceutical (NASDAQ:NYMX) have been trending somewhat positive on Thursday, according to Alpha One Sentiment. Alpha One, a subsidiary of Accern, ranks the sentiment of media coverage by analyzing more than 20 million news and blog sources in real time. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Nymox Pharmaceutical earned a media sentiment score of 0.16 on Alpha One’s scale. Alpha One also assigned headlines about the biopharmaceutical company an impact score of 0 out of 100, meaning that recent media coverage is extremely unlikely to have an effect on the company’s share price in the immediate future.

Shares of Nymox Pharmaceutical (NASDAQ:NYMX) traded up 2.42% during trading on Thursday, reaching $4.65. 122,978 shares of the company’s stock were exchanged. The stock’s 50 day moving average price is $3.73 and its 200-day moving average price is $3.30. Nymox Pharmaceutical has a 52-week low of $1.62 and a 52-week high of $5.79. The stock’s market cap is $229.02 million.

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In related news, Director James George Robinson bought 50,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 8th. The shares were acquired at an average cost of $3.59 per share, with a total value of $179,500.00. Following the completion of the purchase, the director now directly owns 2,906,078 shares in the company, valued at $10,432,820.02. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 54.00% of the stock is owned by corporate insiders.

About Nymox Pharmaceutical

Nymox Pharmaceutical Corporation, formerly Corporation Pharmaceutique Nymox, is a biopharmaceutical company. The Company is focused on developing its drug candidate, NX-1207, for the treatment of benign prostatic hyperplasia (BPH) and the treatment of low-grade localized prostate cancer. The Company markets NicAlert and TobacAlert tests that use urine or saliva to detect use of tobacco products.

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