Media stories about Covance (NYSE:CVD) have trended somewhat positive on Tuesday, according to Accern Sentiment. The research firm rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Covance earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned media stories about the healthcare company an impact score of 47.0939499662733 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Shares of Covance (CVD) remained flat at $$107.07 on Tuesday. The firm has a market cap of $6,060.00 and a PE ratio of 33.05.
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Covance Inc is engaged in drug development services. The Company provides a range of early-stage and late-stage product development services to the pharmaceutical and biotechnology industries. The Company also provides laboratory testing services to the chemical, agrochemical and food industries. The Company operates in two segments: early development services, and late-stage development services.
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