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Is Sorrento Therapeutics Inc (SRNE) Stock a Good Buy?

Friday, June 26, 2020 11:36 AM | InvestorsObserver Analysts

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Is Sorrento Therapeutics Inc (SRNE) Stock a Good Buy?

Sorrento Therapeutics Inc (SRNE) stock has risen 76.99% over the last 12 months, and the average rating from Wall Street analysts is a Strong Buy. InvestorsObserver’s proprietary ranking system, gives SRNE stock a score of 84 out of a possible 100.

That rank is mainly influenced by a long-term technical score of 98. SRNE's rank also includes a fundamental score of 87. In addition to the average rating from Wall Street analysts, SRNE stock has a mean target price of 23. This means analysts expect the stock to rise 283.33% over the next 12 months. The short-term technical score for SRNE is 66.

Overall Score - 84
SRNE has an Overall Score of 84. Find out what this means to you and get the rest of the rankings on SRNE!

What's Happening with SRNE Stock Today

Sorrento Therapeutics Inc (SRNE) stock has fallen -5.51% while the S&P 500 is lower by -1.92% as of 11:34 AM on Friday, Jun 26. SRNE is lower by -$0.35 from the previous closing price of $6.35 on volume of 16,340,045 shares. Over the past year the S&P 500 has gained 3.40% while SRNE has risen 76.99%. SRNE lost -$1.72 per share in the over the last 12 months.

Click Here to get the full Stock Score Report on Sorrento Therapeutics Inc (SRNE) Stock.

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