Somewhat Positive News Coverage Somewhat Unlikely to Impact Akers Biosciences (AKER) Stock Price

Headlines about Akers Biosciences (NASDAQ:AKER) have been trending somewhat positive on Monday, according to Accern. Accern ranks the sentiment of press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Akers Biosciences earned a coverage optimism score of 0.18 on Accern’s scale. Accern also gave media stories about the medical instruments supplier an impact score of 45.8889290832449 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Shares of Akers Biosciences (NASDAQ:AKER) remained flat at $$0.46 during midday trading on Monday. 1,018,600 shares of the company were exchanged, compared to its average volume of 184,088. Akers Biosciences has a twelve month low of $0.36 and a twelve month high of $2.90.

Akers Biosciences (NASDAQ:AKER) last announced its earnings results on Wednesday, November 15th. The medical instruments supplier reported ($0.13) earnings per share (EPS) for the quarter. The business had revenue of $0.68 million for the quarter. Akers Biosciences had a negative net margin of 134.31% and a negative return on equity of 94.44%.

Separately, ValuEngine upgraded shares of Akers Biosciences from a “sell” rating to a “hold” rating in a research report on Friday, December 1st.

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Akers Biosciences Company Profile

Akers Biosciences, Inc, together with its subsidiaries, develops, manufactures, and supplies rapid screening and testing products designed to deliver healthcare information to healthcare providers and consumers in the United States and internationally. The company’s marketed products include BreathScan, a disposable breath alcohol detector; BreathScan PRO, a quantitative breath alcohol detection system; METRON, a disposable breath ketone device to monitor ketosis; and BreathScan Lync, a non-invasive, quantitative measurement of biological markers for health and wellness.

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