Somewhat Negative News Coverage Somewhat Unlikely to Impact Spero Therapeutics (SPRO) Share Price

Press coverage about Spero Therapeutics (NASDAQ:SPRO) has trended somewhat negative this week, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Spero Therapeutics earned a media sentiment score of -0.06 on Accern’s scale. Accern also assigned news articles about the company an impact score of 48.4418719592987 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Several equities research analysts have recently issued reports on the stock. Oppenheimer set a $30.00 price objective on shares of Spero Therapeutics and gave the stock a “buy” rating in a research report on Thursday. Bank of America began coverage on shares of Spero Therapeutics in a research note on Monday, November 27th. They issued a “neutral” rating for the company. Stifel Nicolaus began coverage on shares of Spero Therapeutics in a research note on Monday, November 27th. They set a “buy” rating and a $26.00 price objective on the stock. Finally, Cowen began coverage on shares of Spero Therapeutics in a research note on Monday, November 27th. They set an “outperform” rating on the stock.

Spero Therapeutics (NASDAQ:SPRO) traded up $0.58 during trading on Thursday, hitting $11.99. 15,900 shares of the stock were exchanged, compared to its average volume of 39,357. Spero Therapeutics has a one year low of $9.84 and a one year high of $15.40. The company has a market cap of $171.86 and a P/E ratio of -4.21.

Spero Therapeutics (NASDAQ:SPRO) last posted its quarterly earnings results on Thursday, December 14th. The company reported ($36.02) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($2.43) by ($33.59). The firm had revenue of $0.60 million for the quarter, compared to the consensus estimate of $0.20 million. sell-side analysts expect that Spero Therapeutics will post -8.52 earnings per share for the current fiscal year.

In other news, major shareholder Plc Glaxosmithkline acquired 428,571 shares of the company’s stock in a transaction that occurred on Monday, November 6th. The shares were acquired at an average price of $14.00 per share, with a total value of $5,999,994.00. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Joel Sendek acquired 5,000 shares of the company’s stock in a transaction that occurred on Monday, November 6th. The stock was purchased at an average cost of $14.00 per share, for a total transaction of $70,000.00. The disclosure for this purchase can be found here. Over the last 90 days, insiders bought 649,356 shares of company stock worth $9,090,984.

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Spero Therapeutics Company Profile

SmartPros Ltd. is engaged in provision of learning and educational solutions in content areas that target specific markets, including accounting/finance, legal, engineering, securities and insurance. The Company also provides education in banking, finance, taxation, information technology, health and safety, human resources and compliance for the general corporate market.

Insider Buying and Selling by Quarter for Spero Therapeutics (NASDAQ:SPRO)

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