The Stock Of The Week: Genprex Inc. (GNPX)

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At the last check on Friday, Genprex Inc.’s (NASDAQ:GNPX) stock was up $0.06, moving up 7.07 percent to $0.91. The average number of shares traded per day over the past five days has been 303,980 shares. 3 times new highs have been achieved over the past 5 days, with a $0.1250 gain in that time frame. In the last twenty days, the average volume was 194,675, while in the previous 50 days, it was 451,638.

Since last month, GNPX stock rose 10.79%. Shares of the company fell to $0.7225 on 05/17/23, the lowest level in the past month. A 52-week high of $2.67 was reached on 01/04/23 after having rallying from a 52-week low of $0.72. Since the beginning of this year, GNPX’s stock price has dropped by -37.23% or -$0.5500, and marked a new high 2 times. However, the stock has declined by -65.91% since its 52-week high.

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Sponsored

GNPX stock investors should be aware that Genprex Inc. (GNPX) stock had its last reported insider trading activity 35 days ago on Apr 21. VACZY CATHERINE M, the EVP GC Chief Strategy Officer of the company, purchased of 20,000 shares for $1.07 on Apr 21. It resulted in a $21,478 investment by the insider. Varner John Rodney added 19,000 shares at an average price of $1.05 on Apr 21. The insider now owns 20,800 shares following the transaction.

While analysts expected Genprex Inc. to report -$0.12 quarterly earnings, the actual figure was -$0.19 per share, beating the consensus estimate by -58.30%. The liabilities of Genprex Inc. were 4.83 million at the end of its most recent quarter ended March 30. The value of shareholders’ equity is $51.98 million.

Technical Picture

This quick technical analysis looks at Genprex Inc.’s (GNPX) price momentum. With a historical volatility rate of 55.77%, the RSI 9-day stood at 71.29% on 25 May.

With respect to its five-day moving average, the current Genprex Inc. price is up by +16.13% percent or $0.1250. At present, GNPX shares trade +10.02% above its 20-day simple moving average and -43.40% percent below its 100-day simple moving average. However, the stock is currently trading approximately +9.09% above its SMA50 and -39.60% below its SMA200.

Stochastic coefficient K was 77.25% and Stochastic coefficient D was 67.19%, while ATR was 0.0535. Given the Stochastic reading of 85.62% for the 14-day period, the RSI (14) reading has been calculated as 60.47%. As of today, the MACD Oscillator reading stands at 0.0425, while the 14-day reading stands at 0.0378.

Analyst Ratings

Genprex Inc. (GNPX) has been rated Buy by analysts. According to 0 brokerage firms, GNPX is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Genprex Inc. stock as buy, with 1 recommending it as overweight.

With a median target price of $3.00, the current consensus forecast for the stock is $3.00 – $3.00. Based on these forecasts, analysts predict Genprex Inc. (GNPX) will achieve an average price target of $3.00.

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