Why To Invest In Genprex Inc (NASDAQ: GNPX) Stock?

In the latest trading session, 9.85 million Genprex Inc (NASDAQ:GNPX) shares changed hands as the company’s beta touched -0.48. With the company’s most recent per share price at $0.43 changed hands at -$0.03 or -5.99% at last look, the market valuation stands at $1.11M. GNPX’s current price is a discount, trading about -5109.3% off its 52-week high of $22.40. The share price had its 52-week low at $0.45, which suggests the last value was -4.65% down since then. When we look at Genprex Inc’s average trading volume, we note the 10-day average is 0.22 million shares, with the 3-month average coming to 199.74K.

Genprex Inc (NASDAQ:GNPX) trade information

Instantly GNPX was in red as seen in intraday trades today. With action -20.30%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -95.34%, with the 5-day performance at -20.30% in the red. However, in the 30-day time frame, Genprex Inc (NASDAQ:GNPX) is -65.97% down. Looking at the short shares, we see there were 0.25 million shares sold at short interest cover period of 0.78 days.

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Genprex Inc (GNPX) estimates and forecasts

Data shows that the Genprex Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -89.81% over the past 6 months, a 74.73% in annual growth rate that is considerably higher than the industry average of 17.40%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 8.89%. The 2024 estimates are for Genprex Inc earnings to increase by 75.40%.

GNPX Dividends

Genprex Inc is expected to release its next quarterly earnings report on 2024-Nov-12.

Genprex Inc (NASDAQ:GNPX)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 1.36% of Genprex Inc shares while 10.46% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 10.60%.

Among Mutual Funds, the top two as of Jun 30, 2024 were Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund. With 14.97 shares estimated at $6672.0 under it, the former controlled 0.58% of total outstanding shares. On the other hand, Fidelity Extended Market Index Fund held about 0.45% of the shares, roughly 11.69 shares worth around $5206.0.