Concordia International Corp. (CXRX) Getting Somewhat Positive News Coverage, Study Shows

News articles about Concordia International Corp. (NASDAQ:CXRX) (TSE:CXR) have trended somewhat positive on Tuesday, Accern Sentiment reports. The research group scores the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Concordia International Corp. earned a media sentiment score of 0.03 on Accern’s scale. Accern also gave news stories about the company an impact score of 45.7987944564096 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

These are some of the news stories that may have effected Accern Sentiment’s scoring:

Shares of Concordia International Corp. (NASDAQ:CXRX) traded down $0.01 during trading on Tuesday, hitting $0.53. 279,400 shares of the stock were exchanged, compared to its average volume of 573,306. Concordia International Corp. has a 52-week low of $0.47 and a 52-week high of $3.52. The company has a current ratio of 1.89, a quick ratio of 1.62 and a debt-to-equity ratio of -2.48.

Concordia International Corp. (NASDAQ:CXRX) (TSE:CXR) last announced its earnings results on Tuesday, November 14th. The company reported ($1.36) earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($1.50). The company had revenue of $154.60 million during the quarter, compared to analysts’ expectations of $149.50 million. Concordia International Corp. had a negative net margin of 269.97% and a negative return on equity of 83.96%. The company’s revenue for the quarter was down 16.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.69 earnings per share. analysts anticipate that Concordia International Corp. will post 0.49 earnings per share for the current year.

CXRX has been the topic of a number of recent analyst reports. Zacks Investment Research downgraded shares of Concordia International Corp. from a “hold” rating to a “sell” rating in a report on Tuesday, July 18th. ValuEngine raised shares of Concordia International Corp. from a “sell” rating to a “hold” rating in a report on Tuesday, August 1st. Four analysts have rated the stock with a sell rating, one has assigned a hold rating and one has issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $0.50.

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Concordia International Corp. Company Profile

Insider Buying and Selling by Quarter for Concordia International Corp. (NASDAQ:CXRX)

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