News stories about BioTelemetry (NASDAQ:BEAT) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. BioTelemetry earned a news sentiment score of 0.22 on Accern’s scale. Accern also assigned media coverage about the medical research company an impact score of 46.607598186408 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Thompson Davis & Co Cut Position in Biotelemetry (BEAT) by $482625 as Valuation Rose; As Energy Transferpartners … – Hill Country Times (hillcountrytimes.com)
- Volatile Stock Characteristics – BioTelemetry, Inc., (NASDAQ: BEAT) – Stock Watch (stocksnewstimes.com)
- BioTelemetry, Inc. – Value Analysis (NASDAQ:BEAT) : December 15, 2017 (finance.yahoo.com)
- Short Interest in BioTelemetry, Inc. (BEAT) Increases By 32.8% (americanbankingnews.com)
- BioTelemetry, Inc. breached its 50 day moving average in a Bearish Manner : BEAT-US : December 14, 2017 (finance.yahoo.com)
Shares of BioTelemetry (NASDAQ:BEAT) opened at $29.95 on Monday. The company has a market capitalization of $970.62, a price-to-earnings ratio of 41.03, a P/E/G ratio of 1.87 and a beta of 0.53. BioTelemetry has a 12 month low of $20.99 and a 12 month high of $39.20. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.48 and a current ratio of 1.60.
BEAT has been the topic of several research analyst reports. Raymond James Financial initiated coverage on BioTelemetry in a research note on Thursday, October 26th. They set an “outperform” rating and a $37.00 price objective on the stock. Off Wall Street initiated coverage on BioTelemetry in a research note on Friday, September 15th. They set a “sell” rating on the stock. SunTrust Banks initiated coverage on BioTelemetry in a research note on Monday, October 23rd. They set a “buy” rating and a $41.00 price objective on the stock. Zacks Investment Research downgraded BioTelemetry from a “hold” rating to a “strong sell” rating in a research note on Thursday, November 2nd. Finally, Dougherty & Co reaffirmed a “buy” rating and set a $40.00 price objective on shares of BioTelemetry in a research note on Wednesday, November 8th. Two research analysts have rated the stock with a sell rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $42.86.
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BioTelemetry, Inc (BioTelemetry), formerly CardioNet, Inc, provides cardiac monitoring services, cardiac monitoring device manufacturing, and centralized cardiac core laboratory services. The Company operates in three segments: patient services, product and research services. The patient services business segment’s principal focus is on the diagnosis and monitoring of cardiac arrhythmias or heart rhythm disorders, through its core Mobile Cardiac Outpatient Telemetry(MCOT), event and Holter services in a healthcare setting.
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