For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
Inovio Pharmaceuticals Inc (NASDAQ: INO) closed the day trading at $1.33 down -37.85% from the previous closing price of $2.14. In other words, the price has decreased by -$37.85 from its previous closing price. On the day, 21.08 million shares were traded. INO stock price reached its highest trading level at $1.54 during the session, while it also had its lowest trading level at $1.3.
Ratios:
For a better understanding of INO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.63 and its Current Ratio is at 2.63. In the meantime, Its Debt-to-Equity ratio is 0.22 whereas as Long-Term Debt/Eq ratio is at 0.17.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Stephens on May 14, 2024, initiated with a Overweight rating and assigned the stock a target price of $20.
On January 25, 2024, Oppenheimer Upgraded its rating to Outperform which previously was Perform but kept the price unchanged to $4.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, INO now has a Market Capitalization of 48776952 and an Enterprise Value of 17540890. For the stock, the TTM Price-to-Sale (P/S) ratio is 174.21 while its Price-to-Book (P/B) ratio in mrq is 0.95. Its current Enterprise Value per Revenue stands at 61.96 whereas that against EBITDA is -0.168.
Stock Price History:
The Beta on a monthly basis for INO is 1.40, which has changed by -0.8467742 over the last 52 weeks, in comparison to a change of 0.12677538 over the same period for the S&P500. Over the past 52 weeks, INO has reached a high of $12.33, while it has fallen to a 52-week low of $1.42. The 50-Day Moving Average of the stock is -33.21%, while the 200-Day Moving Average is calculated to be -55.37%.
Shares Statistics:
Over the past 3-months, INO traded about 706.05K shares per day on average, while over the past 10 days, INO traded about 3303250 shares per day. A total of 36.67M shares are outstanding, with a floating share count of 36.38M. Insiders hold about 0.79% of the company’s shares, while institutions hold 37.09% stake in the company. Shares short for INO as of 1749772800 were 6460315 with a Short Ratio of 9.15, compared to 1747267200 on 7009769. Therefore, it implies a Short% of Shares Outstanding of 6460315 and a Short% of Float of 17.740000000000002.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0