Genprex Inc [GNPX] Is Currently -1.01 below its 200 Period Moving Avg: What Does This Mean?

Genprex Inc [NASDAQ: GNPX] loss -1.01% on the last trading session, reaching $0.47 price per share at the time.

If compared to the average trading volume of 598.52K shares, GNPX reached a trading volume of 16566321 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Genprex Inc [GNPX]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GNPX shares is $7.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GNPX stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

National Securities have made an estimate for Genprex Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 26, 2021. While these analysts kept the previous recommendation, Noble Capital Markets raised their target price to Outperform. The new note on the price target was released on April 29, 2019, representing the official price target for Genprex Inc stock.

The Average True Range (ATR) for Genprex Inc is set at 0.07 The Price to Book ratio for the last quarter was 1.55, with the Price to Cash per share for the same quarter was set at 0.18.

Trading performance analysis for GNPX stock

Genprex Inc [GNPX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.80. With this latest performance, GNPX shares dropped by -36.18% in over the last four-week period, additionally sinking by -44.60% over the last 6 months – not to mention a drop of -90.39% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GNPX stock in for the last two-week period is set at 28.18, with the RSI for the last a single of trading hit 23.35, and the three-weeks RSI is set at 34.14 for Genprex Inc [GNPX]. The present Moving Average for the last 50 days of trading for this stock 0.7966, while it was recorded at 0.4860 for the last single week of trading, and 1.3479 for the last 200 days.

Genprex Inc [GNPX]: A deeper dive into fundamental analysis

Genprex Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.86 and a Current Ratio set at 0.86.

Genprex Inc [GNPX]: An earnings per share (EPS) analysis

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for GNPX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Genprex Inc go to 62.92%.

An analysis of Institutional ownership at Genprex Inc [GNPX]