Is it Time to Dump Hepion Pharmaceuticals Inc (HEPA) Stock After it Is Down 7.50% in a Week?

Hepion Pharmaceuticals Inc (HEPA) stock is lower by 7.50% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Hepion Pharmaceuticals Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on HEPA!

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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. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With HEPA Stock Today?

Hepion Pharmaceuticals Inc (HEPA) stock is higher by 1.51% while the S&P 500 is lower by -0.52% as of 2:08 PM on Friday, Dec 2. HEPA has gained $0.01 from the previous closing price of $0.36 on volume of 81,928 shares. Over the past year the S&P 500 is lower by -10.15% while HEPA is lower by -69.67%. HEPA lost -$0.59 per share in the over the last 12 months.

More About Hepion Pharmaceuticals Inc

Hepion Pharmaceuticals Inc is a biopharmaceutical company that focuses primarily on the development of drug therapy for the treatment of chronic liver diseases. This therapeutic approach targets fibrosis and hepatocellular carcinoma associated with non-alcoholic steatohepatitis, viral hepatitis, and other liver diseases. Its cyclophilin inhibitor, Rencofilstat, is being developed to offer benefits to address these multiple complex pathologies. Rencofilstat is a pan cyclophilin inhibitor that targets multiple pathologic pathways involved in the progression of liver disease. Click Here to get the full Stock Report for Hepion Pharmaceuticals Inc stock.