Inovio Pharmaceuticals Inc. (NASDAQ:INO) currently has a daily average trading volume of 6.14M but it saw 10155659 shares traded on Thursday. With a market cap of 158.58M USD, stock’s current market price of $0.62 came rising about 2.21 while comparing to the previous closing price of $0.61. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.82 and as low as $0.60. In the recent trading on the day, stock has struck highest price mark of $0.63 while lowest mark touched by it was $0.58.
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Taking a look at 20-day trading activity of Inovio Pharmaceuticals Inc. (INO) gives us an average price of $0.7392, while its current price level is -78.02% below from 52-week high level whereas it is 2.91% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.8172 while that of 200 days or SMA-200 reads an average of $1.5852. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.83% during that period while stretching the period over a month that decreases to 9.39%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 33.63 which implies that the stock is in neutral territory.
Over the week, INO’s stock price is moving -4.97% down while it is -23.23% when we observe its performance for the past one month. Year-to-date it is -60.26% down and over the past year, the stock is showing a downside performance of -64.98%.
The latest quarterly earnings report issued by the company was for quarter ended 3/30/2023, when its quarterly earnings per share (EPS) of -$0.16 beaten by the consensus estimate of -$0.14 for the same. For INO, analysts are forecasting an EPS-growth rate of 52.10% for current year and estimate for EPS growth in next year is 32.10%. In next quarter, company is expected to be making quarterly sales of $260k as analysts are expecting the sales for current fiscal year at $740k and seeing the company making $320k in sales next year. Moreover, analysts are in estimates of $260k for current-quarter revenue.
Currently, Inovio Pharmaceuticals Inc.’s total number of outstanding shares is 258.44M with 1.58% of that held by the insiders while 49.33% of its common stock has been owned by the institutions. Company’s return on equity (ROE) at -97.90%. Stock’s beta reads 1.08. Stock has a price to book (P/B) ratio of 0.81 while price to sale or P/S ratio amounts to 15.55. Its return on asset (ROA) is -65.80% on average.
A filing at the U.S. Securities and Exchange Commission revealed that SPDR S&P Biotech ETF came shrinking its share ownership by 1.78% in the Inovio Pharmaceuticals Inc. (INO) increasing its stake to 7.54% with control over 0.34 million shares in the company. In the most recent quarter, iShares Russell 2000 ETF came cutting its stake by -1.44% in the company and now holds 5.3 million or 2.04% of the company’s stake having worth of about 4.09 million.
