Media coverage about Ceres (NASDAQ:CERE) has been trending somewhat positive this week, Accern reports. The research firm rates the sentiment of press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Ceres earned a news sentiment score of 0.05 on Accern’s scale. Accern also gave media coverage about the biotechnology company an impact score of 45.6241375356513 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Ceres (NASDAQ:CERE) remained flat at $$0.40 during mid-day trading on Thursday. The company had a trading volume of 182,300 shares, compared to its average volume of 848,868. The company has a market capitalization of $11.07, a price-to-earnings ratio of -0.22 and a beta of 0.98. Ceres has a 12 month low of $0.16 and a 12 month high of $4.80.
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Ceres, Inc is an agricultural biotechnology company that develops and markets seeds and traits to produce crops for feed, forages, sugar and other markets. The Company uses a combination of plant breeding, biotechnology and bioinformatics to develop seed products and biotechnology traits. Its Forage sorghum seeds are used for growing feed for livestock, including dairy and beef cattle.
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