Inovio Pharmaceuticals, Inc. (INO) is an interesting player in the Healthcare space, with a focus on Biotechnology. The stock has been active on the tape, currently trading at $4.90, up from yesterday’s close by 2.94%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.Fundamental Analysis
Inovio Pharmaceuticals, Inc. (INO) currently trades with a market capitalization of $461.78 Million. That value represents a market adjusting for revenues that have been growing by 3.21 % on a quarterly year/year basis as of the company’s last quarterly report.
You can get a sense of how sustainable that is by a levered free cash flow of -$73.51 Million over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of -$0.14 on a per share basis this quarter. Perhaps, that suggests something about why 6.36% of the outstanding share supply is held by institutional investors.
It’s important to check the technicals to get a sense of how INO has been acting. Looking at the stock’s movement on the chart, Inovio Pharmaceuticals, Inc. recorded a 52-week high of $9.86. It is now trading 4.96% off that level. The stock is trading $4.49 its 50-day moving average by -0.41%. The stock carved out a 52-week low down at $3.76.
In recent action, Inovio Pharmaceuticals, Inc. (INO) has made a move of +7.93% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.08, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 12.38% with $85.04 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of INO.