Genprex Inc [NASDAQ: GNPX] stock went on an upward path that rose over 18.89% on Thursday, amounting to a one-week price increase of more than 19.74%.
Over the last 12 months, GNPX stock dropped by -84.86%. The one-year Genprex Inc stock forecast points to a potential upside of 95.6. The average equity rating for GNPX stock is currently 1.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $9.26 million, with 27.82 million shares outstanding and 27.06 million shares in the current float. Compared to the average trading volume of 4.59M shares, GNPX stock reached a trading volume of 8533140 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 0.04 The Price to Book ratio for the last quarter was 2.08, with the Price to Cash per share for the same quarter was set at 0.12.
GNPX Stock Performance Analysis:
Genprex Inc [GNPX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 19.74. With this latest performance, GNPX shares gained by 18.93% in over the last four-week period, additionally sinking by -69.73% over the last 6 months – not to mention a drop of -84.86% 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 60.94, with the RSI for the last a single of trading hit 68.57, and the three-weeks RSI is set at 55.36 for Genprex Inc [GNPX]. The present Moving Average for the last 50 days of trading for this stock 0.2883, while it was recorded at 0.2846 for the last single week of trading, and 0.6870 for the last 200 days.
Insight into Genprex Inc Fundamentals:
Genprex Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.94 and a Current Ratio set at 1.94.
