In today’s recent session, 1,428,113 shares of the Genprex, Inc.(NASDAQ:GNPX) have been traded, and its beta is 0. Most recently the company’s share price was $5.52, and it changed around -$0.54 or -0.09% from the last close, which brings the market valuation of the company to $230.67 Million. GNPX at last check was trading at a discount to its 52-week high of $7.72, offering almost -39.86% off that amount. The share price’s 52-week low was $1.49, which indicates that the recent value has risen by an impressive 73.01% since then. We note from Genprex, Inc.’s average daily trading volume that its 10-day average is 981.26 Million shares, with the 3-month average coming to 1.76 Million.
Genprex, Inc. stock received a consensus recommendation rating of Buy, based on a mean score of 2. If we narrow it down even further, the data shows that none out of 2 analysts rate the stock as a Sell; another but none rate it as Overweight. Among the rest, no body recommended GNPX as a Hold, whereas 2 deemed it a Buy, and no one rated it as Underweight. Genprex, Inc. is expected to report earnings per share of -$0.28 for the current quarter.
Genprex, Inc. (NASDAQ:GNPX): Trading Information Today
Although GNPX has been showing red trend so far today with a performance of -8.91% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of $6.97- on Wednesday, Feb 17 increased the stock’s daily price by 21.08%. The company’s shares are currently up 0.32% year-to-date, but still down -0.2021 over the last five days. On the other hand, Genprex, Inc. (NASDAQ:GNPX) is 0.4% up in the 30-day period. We can see from the shorts that 4.19 Million shares have been sold at a short interest cover period of 2.38 day(s).
The consensus price target as assigned by Wall Street analysts is $7.75, which translates to bears needing to increase their stock price by 40.4% from its current value. Analyst projections state that GNPX is forecast to be at a low of $7 and a high of $8.5. In order for the stock price to hit the forecast high, the stock would need to surge +53.99% from its current level, while the stock would need to crash 26.81% from its current level to reach the projected low.
Genprex, Inc. (GNPX) projections and forecasts
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of 0%. Genprex, Inc. earnings are expected to increase by 26% in 2021, but the outlook is negative 0% per year for the next five years.
Genprex, Inc. (NASDAQ:GNPX)’s Biggest Investors
Upon looking at major shareholders, it appears that insiders hold 17.55% of Genprex, Inc. shares, and 23.36% of them are in the hands of institutional investors. The stock currently has a share float of 28.34%. Genprex, Inc. stock is held by 76 institutions, with Blackrock Inc. being the largest institutional investor. By Dec 30, 2020, it held 4.54% of the shares, which is about 1.97 Million shares worth $8.16 Million.
Altium Capital Management LP, with 3.26% or 1.41 Million shares worth $5.85 Million as of Dec 30, 2020, holds the second largest percentage of outstanding shares.
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iShares Russell 2000 ETF and Vanguard Extended Market Index Fund were the top two Mutual Funds as of Dec 30, 2020. The former held 703241 shares worth $2.92 Million, making up 1.62% of all outstanding shares. On the other hand, Vanguard Extended Market Index Fund held roughly 293.69 Thousand shares worth around $986.8 Thousand, which represents about 0.68% of the total shares outstanding.