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Do Analysts Expect GT Biopharma Inc (GTBP) Stock to Rise After It Is Lower By -31.55% in a Month?

Wednesday, October 06, 2021 01:21 PM | InvestorsObserver Analysts

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Do Analysts Expect GT Biopharma Inc (GTBP) Stock to Rise After It Is Lower By -31.55% in a Month?

InvestorsObserver is giving GT Biopharma Inc (GTBP) an Analyst Rating Rank of 75, meaning GTBP is ranked higher by analysts than 75% of stocks. The average price target for GTBP is $25.333 and analyst’s rate the stock as a Strong Buy.

Overall Score - 5
Wall Street analysts are rating GTBP a Strong Buy today. Find out what this means to you and get the rest of the rankings on GTBP!

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With GT Biopharma Inc Stock Today?

GT Biopharma Inc (GTBP) stock is trading at $5.75 as of 1:12 PM on Wednesday, Oct 6, a drop of -$0.10, or -1.71% from the previous closing price of $5.85. The stock has traded between $5.59 and $5.99 so far today. Volume today is light. So far 120,861 shares have traded compared to average volume of 384,286 shares. Click Here to get the full Stock Report for GT Biopharma Inc stock.

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