News headlines about FibroGen (NASDAQ:FGEN) have been trending somewhat positive recently, according to Accern. The research group identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. FibroGen earned a coverage optimism score of 0.20 on Accern’s scale. Accern also gave press coverage about the biopharmaceutical company an impact score of 43.8351862686183 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Shares of FibroGen (NASDAQ:FGEN) traded up $0.55 during trading on Friday, reaching $49.50. 337,707 shares of the company’s stock traded hands, compared to its average volume of 523,167. The stock has a market capitalization of $4,023.57, a price-to-earnings ratio of -24.26 and a beta of 1.55. FibroGen has a one year low of $21.05 and a one year high of $60.15. The company has a debt-to-equity ratio of 0.16, a current ratio of 10.83 and a quick ratio of 10.83.
FGEN has been the topic of several analyst reports. Mizuho initiated coverage on shares of FibroGen in a report on Wednesday, October 4th. They issued a “neutral” rating and a $61.00 target price on the stock. ValuEngine cut shares of FibroGen from a “hold” rating to a “sell” rating in a report on Friday, December 1st. Finally, BidaskClub cut shares of FibroGen from a “hold” rating to a “sell” rating in a report on Thursday, December 7th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $65.67.
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FibroGen, Inc is a science-based biopharmaceutical company discovering and developing a pipeline of first- in-class therapeutics. The Company is focused on fibrosis and hypoxia-inducible factor (HIF) biology and clinical development to advance innovative medicines for the treatment of anemia, fibrotic disease, and cancer.
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