InvestorsObserver
×
News Home

Should You Buy Inovio Pharmaceuticals Inc (INO) Stock After it Has Risen 30.77% in a Week?

Thursday, July 06, 2023 09:41 AM | InvestorsObserver Analysts

Mentioned in this article

Should You Buy Inovio Pharmaceuticals Inc (INO) Stock After it Has Risen 30.77% in a Week?

The market has been high on Inovio Pharmaceuticals Inc (INO) stock recently. INO gets a Bullish score from InvestorsObserver 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. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With INO Stock Today?

Inovio Pharmaceuticals Inc (INO) stock is trading at $0.51 as of 9:41 AM on Thursday, Jul 6, a drop of -$0.02, or -4.15% from the previous closing price of $0.53. The stock has traded between $0.50 and $0.55 so far today. Volume today is light. So far 139,655 shares have traded compared to average volume of 13,792,205 shares.

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 Report for Inovio Pharmaceuticals Inc stock.

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App