MediciNova (MNOV) Earning Somewhat Favorable Media Coverage, Report Shows

Media coverage about MediciNova (NASDAQ:MNOV) has trended somewhat positive recently, Accern Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. MediciNova earned a news impact score of 0.13 on Accern’s scale. Accern also assigned news articles about the biopharmaceutical company an impact score of 44.7713467212775 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Shares of MediciNova (MNOV) opened at 6.58 on Friday. MediciNova has a 52-week low of $4.40 and a 52-week high of $7.78. The firm’s market cap is $230.75 million. The stock’s 50 day moving average price is $5.89 and its 200-day moving average price is $5.55.

In other MediciNova news, Director Yoshio Ishizaka bought 5,000 shares of the business’s stock in a transaction on Monday, August 21st. The shares were purchased at an average price of $5.17 per share, with a total value of $25,850.00. Following the completion of the acquisition, the director now directly owns 5,000 shares of the company’s stock, valued at approximately $25,850. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 15.20% of the company’s stock.

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MediciNova Company Profile

Medicinova, Inc is a biopharmaceutical company. The Company focuses on acquiring and developing small molecule therapeutics for the treatment of diseases with unmet medical needs and a commercial focus on the United States market. Its pipeline includes MN-166 (ibudilast), MN-001 (tipelukast), MN-221 (bedoradrine) and MN-029 (denibulin).

Insider Buying and Selling by Quarter for MediciNova (NASDAQ:MNOV)

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