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Is Inovio Pharmaceuticals Inc (INO) Stock About to Get Hot Thursday?

Thursday, April 15, 2021 11:56 AM | InvestorsObserver Analysts

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Is Inovio Pharmaceuticals Inc (INO) Stock About to Get Hot Thursday?

Overall market sentiment has been high on Inovio Pharmaceuticals Inc (INO) stock lately. INO receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.

Sentiment Score - ,bullish
Inovio Pharmaceuticals Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on INO!

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.

As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.

Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.

InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.

For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With INO Stock Today?

Inovio Pharmaceuticals Inc (INO) stock is trading at $9.87 as of 10:06 AM on Thursday, Apr 15, an increase of $1.03, or 11.65% from the previous closing price of $8.84. The stock has traded between $9.54 and $10.37 so far today. Volume today is elevated. So far 29,686,612 shares have traded compared to average volume of 7,731,445 shares.

To see the top 5 stocks in the Biotechnology industry click here.

More About Inovio Pharmaceuticals Inc

Inovio Pharmaceuticals Inc is a United States based biotechnology company that develops active DNA-based immunotherapies and vaccines to treat and prevent cancers and infectious diseases. The company is engaged in gene therapy, where its immunotherapy platform consists of DNA-based immunotherapy and electroporation delivery technologies.

Click Here to get the full Stock Score Report on Inovio Pharmaceuticals Inc (INO) Stock.

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