Somewhat Positive News Coverage Somewhat Unlikely to Impact Tenax Therapeutics (NASDAQ:TENX) Share Price

Media coverage about Tenax Therapeutics (NASDAQ:TENX) has been trending somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Tenax Therapeutics earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned news coverage about the specialty pharmaceutical company an impact score of 42.1146055652415 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Tenax Therapeutics (NASDAQ:TENX) traded down $0.01 during trading on Thursday, reaching $0.32. The company’s stock had a trading volume of 343,070 shares, compared to its average volume of 409,640. The company has a market capitalization of $9.04, a P/E ratio of -0.21 and a beta of 1.86. Tenax Therapeutics has a 1 year low of $0.30 and a 1 year high of $0.94.

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About Tenax Therapeutics

Tenax Therapeutics, Inc is a specialty pharmaceutical company. The Company is focused on identifying, developing and commercializing products for the critical care market. The Company’s main product is levosimendan. Levosimendan is a calcium sensitizer developed for intravenous use in hospitalized patients with acutely decompensated heart failure.

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