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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.
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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 GTBP Stock Today?
GT Biopharma Inc (GTBP) stock is trading at $1.69 as of 3:31 PM on Wednesday, Nov 30, an increase of $0.09, or 5.63% from the previous closing price of $1.60. The stock has traded between $1.50 and $1.69 so far today. Volume today is elevated. So far 149,096 shares have traded compared to average volume of 48,162 shares.
More About GT Biopharma Inc
GT Biopharma Inc is an immuno-oncology company operating in the United States. It is engaged in discovering, developing and commercializing novel therapeutics from its proprietary product platform in a varied range of disease areas. The company mainly develops drugs focused on the treatment of cancer. Its key drug candidates are OXS-2175, targeting the treatment of triple-negative breast cancer; OXS-4235, targets the treatment of multiple myeloma and associated osteolytic lesions; and OXS-1550, targets cancer cells expressing the CD19 receptor and CD22 receptor. Its TriKE and TetraKE platforms offer immuno-oncology products that can treat a range of hematologic malignancies, sarcoma, and solid tumors.
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