Genprex Inc (NASDAQ: GNPX) Share Price Fall Recently, Although Trouble Is Still On The Horizon

Genprex Inc (NASDAQ:GNPX) traded at $0.61 at last check on current trade day and made a downward move of -9.16% on its previous day’s price.

Looking at the stock we see that its previous close was $0.67 and the beta (5Y monthly) reads -0.574 with the day’s price range being $0.56 – $0.8. In terms of its 52-week price range, GNPX has a high of $22.41 and a low of $0.56. The company’s stock has lost about -58.60% over that past 30 days.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Genprex Inc has a market cap of $1.58 million and is expected to release its quarterly earnings report on 2024-Nov-12.

Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at nan, with a low of nan and a high of nan.

On the other hand, looking at the outlook for the GNPX stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 100% Sell.

Looking further, we note the current price level is -29.95% off its SMA20 and -58.81% from its 50-day simple moving average. The RSI (14) is pointing at 16.41 while the volatility over the past week is 6.20% and jumps to 16.05% over the past one month. The beta value is -0.56, while the average true range (ATR) is currently pointing at 0.12.

Coming back to Genprex Inc (NASDAQ:GNPX), we note that the average 3-month trading volume was 181.20K, while that of the preceding 10-day period stands at 0.2 million. Current shares outstanding are 2.59 million.

The insiders hold 1.74% of the company’s shares while institutions hold 10.46%. The data shows that short shares as of 2024-08-15, stood at 0.25 million at a short ratio of 0.78. This represents a 966.00 short interest in shares outstanding on 2024-08-15. Shares short rose in August from the previous month at 55881.0. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -93.38% down in year-to-date price movement.

Most Popular