What is the Market's View on PepGen Inc (PEPG) Stock's Price and Volume Trends Tuesday?

Overall market sentiment has been down on PepGen Inc (PEPG) stock lately. PEPG receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

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

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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. 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 PEPG Stock Today?

PepGen Inc (PEPG) stock is trading at $11.24 as of 2:34 PM on Tuesday, Aug 16, a rise of $0.62, or 5.84% from the previous closing price of $10.62. The stock has traded between $10.66 and $11.40 so far today. Volume today is less active than usual. So far 17,137 shares have traded compared to average volume of 37,746 shares. To screen for more stocks like PepGen Inc click here.

More About PepGen Inc

PepGen Inc is a clinical-stage biotechnology company advancing the next generation of oligonucleotide therapeutics with the goal of transforming the treatment of severe neuromuscular and neurologic diseases. Click Here to get the full Stock Report for PepGen Inc stock.