National Securities slashes price target on Genprex Inc [GNPX] – find out why.

HOOK Stock

Genprex Inc [NASDAQ: GNPX] gained 41990486% or 3769999.74 points to close at $3770000.0 with a heavy trading volume of 41990486 shares.

The daily chart for GNPX points out that the company has recorded -77.55% loss over the past six months.

If we look at the average trading volume of 3.77M shares, GNPX reached to a volume of 41990486 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 Price to Book ratio for the last quarter was 1.43, with the Price to Cash per share for the same quarter was set at 0.12.

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 -21.55. With this latest performance, GNPX shares dropped by -17.66% in over the last four-week period, additionally sinking by -77.55% over the last 6 months – not to mention a drop of -73.11% in the past year of trading.

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

Return on Equity for this stock declined to -205.73%, with Return on Assets sitting at -205.73%.

An analysis of Institutional ownership at Genprex Inc [GNPX]

The top three institutional holders of GNPX stocks are: ARMISTICE CAPITAL, LLC with ownership of 0.22 million shares, which is approximately 10.0834%. GEODE CAPITAL MANAGEMENT, LLC, holding 16497.0 shares of the stock with an approximate value of $$31103.0 in GNPX stocks shares; and GEODE CAPITAL MANAGEMENT, LLC, currently with $$28869.0 in GNPX stock with ownership which is approximately 0.7084%.

The DBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.