Is Genprex Inc (NASDAQ: GNPX) Still A Good Investment?

Genprex Inc (NASDAQ:GNPX) traded at $1.81 at close of the session on current trade day and made a downward move of -10.40% on its previous day’s price.

Looking at the stock we see that its previous close was $2.02 and the beta (5Y monthly) reads -0.598 with the day’s price range being $1.76 – $2.08. In terms of its 52-week price range, GNPX has a high of $14.80 and a low of $0.28. The company’s stock has gained about 417.29% over that past 30 days.

Genprex Inc has a market cap of $4.69 million and is expected to release its quarterly earnings report in December. Estimates by analysts give the company expected earnings per share (EPS) of -1.93, with the EPS growth for the year raised at -5.62 for current year and -5.62 for next year.

On the other hand, looking at the outlook for the GNPX stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 50% Sell.

Looking further, we note the current price level is 20.29% off its SMA20 and 108.27% from its 50-day simple moving average. The RSI (14) is pointing at 54.30 while the volatility over the past week is 18.56% and jumps to 34.93% over the past one month. The beta value is -1.19, while the average true range (ATR) is currently pointing at 0.44.

Coming back to Genprex Inc (NASDAQ:GNPX), we note that the average 3-month trading volume was 8.91 million, while that of the preceding 10-day period stands at 24.93 million. Current shares outstanding are 2.59 million.

The insiders hold 6.26% of the company’s shares while institutions hold 10.49%. The data shows that short shares as of 2024-10-15, stood at 85218.0 at a short ratio of 0.21. This represents a 333.00 short interest in shares outstanding on 2024-10-15. Shares short fall in October from the previous month at 0.24 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -80.33% down in year-to-date price movement.

Most Popular