Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The price of Inovio Pharmaceuticals Inc (NASDAQ: INO) closed at $1.58 in the last session, down -0.63% from day before closing price of $1.59. In other words, the price has decreased by -$0.63 from its previous closing price. On the day, 0.52 million shares were traded. INO stock price reached its highest trading level at $1.615 during the session, while it also had its lowest trading level at $1.505.
Ratios:
We take a closer look at INO’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.77 and its Current Ratio is at 2.77. In the meantime, Its Debt-to-Equity ratio is 0.17 whereas as Long-Term Debt/Eq ratio is at 0.14.
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 57944132 and an Enterprise Value of -25047478. For the stock, the TTM Price-to-Sale (P/S) ratio is 263.38 while its Price-to-Book (P/B) ratio in mrq is 0.83. Its current Enterprise Value per Revenue stands at -115.025 whereas that against EBITDA is 0.226.
Stock Price History:
The Beta on a monthly basis for INO is 1.42, which has changed by -0.8567543 over the last 52 weeks, in comparison to a change of 0.028231144 over the same period for the S&P500. Over the past 52 weeks, INO has reached a high of $13.44, while it has fallen to a 52-week low of $1.42. The 50-Day Moving Average of the stock is -17.57%, while the 200-Day Moving Average is calculated to be -67.60%.
Shares Statistics:
According to the various share statistics, INO traded on average about 758.85K shares per day over the past 3-months and 834940 shares per day over the past 10 days. A total of 36.67M shares are outstanding, with a floating share count of 36.42M. Insiders hold about 0.69% of the company’s shares, while institutions hold 36.49% stake in the company. Shares short for INO as of 1741910400 were 5354671 with a Short Ratio of 8.43, compared to 1739491200 on 5384350. Therefore, it implies a Short% of Shares Outstanding of 5354671 and a Short% of Float of 14.67.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
