Is Innovation Pharmaceuticals Inc (IPIX) a Good Choice in Biotechnology Thursday?

Thursday, November 11, 2021 09:53 AM | InvestorsObserver Analysts

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Is Innovation Pharmaceuticals Inc (IPIX) a Good Choice in Biotechnology Thursday?

Innovation Pharmaceuticals Inc (IPIX) is around the top of the Biotechnology industry according to InvestorsObserver. IPIX received an overall rating of 46, which means that it scores higher than 46 percent of all stocks. Innovation Pharmaceuticals Inc also achieved a score of 69 in the Biotechnology industry, putting it above 69 percent of Biotechnology stocks. Biotechnology is ranked 86 out of the 148 industries.

IPIX has an Overall Score of 46. Find out what this means to you and get the rest of the rankings on IPIX!

See Full IPIX Report

What do These Ratings Mean?

Analyzing stocks can be hard. There are tons of numbers and ratios, and it can be hard to remember what they all mean and what counts as “good” for a given value. InvestorsObserver ranks stocks on eight different metrics. We percentile rank most of our scores to make it easy for investors to understand. A score of 46 means the stock is more attractive than 46 percent of stocks. These scores are not only easy to understand, but it is easy to compare stocks to each other. You can find the best stock in an industry, or look for the sector that has the highest average score. The overall score is a combination of technical and fundamental factors that serves as a good starting point when analyzing a stock. Traders and investors with different goals may have different goals and will want to consider other factors than just the headline number before making any investment decisions.

What's Happening With Innovation Pharmaceuticals Inc Stock Today?

Innovation Pharmaceuticals Inc (IPIX) stock is lower by -9.73% while the S&P 500 is higher by 0.28% as of 4:00 PM on Wednesday, Nov 10. IPIX is lower by -$0.04 from the previous closing price of $0.37 on volume of 2,358,393 shares. Over the past year the S&P 500 has gained 30.43% while IPIX is higher by 73.68%. IPIX lost -$0.04 per share the over the last 12 months. Click Here to get the full Stock Report for Innovation Pharmaceuticals Inc stock.