Genprex Inc (GNPX): Why Is The Stock Strong?

Genprex Inc (NASDAQ:GNPX) has a beta value of -0.45 and has seen 2.78 million shares traded in the recent trading session. The company, currently valued at $1.96M, closed the recent trade at $0.93 per share which meant it lost -$0.33 on the day or -25.90% during that session. The GNPX stock price is -2650.54% off its 52-week high price of $25.58 and -31.18% below the 52-week low of $1.22. If we look at the company’s 10-day average daily trading volume, we find that it stood at 23320.0 shares traded. The 3-month trading volume is 102.23K shares.

Genprex Inc (NASDAQ:GNPX) trade information

Sporting -25.90% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the GNPX stock price touched $0.93 or saw a rise of 39.21%. Year-to-date, Genprex Inc shares have moved -89.85%, while the 5-day performance has seen it change -33.79%. Over the past 30 days, the shares of Genprex Inc (NASDAQ:GNPX) have changed -52.85%. Short interest in the company has seen 46620.0 shares shorted with days to cover at 1.8.

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Genprex Inc (GNPX) estimates and forecasts

Figures show that Genprex Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -80.95% over the past 6 months, with this year growth rate of 74.73%, compared to 17.10% for the industry.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 8.89% over the past 5 years.

Genprex Inc (NASDAQ:GNPX)’s Major holders

Insiders own 1.36% of the company shares, while shares held by institutions stand at 5.80% with a share float percentage of 5.88%. Investors are also buoyed by the number of investors in a company, with Genprex Inc having a total of 20.0 institutions that hold shares in the company.