While this happened, Stephens initiated its Inovio Pharmaceuticals Inc [INO] rating to an Overweight in a research note published on May 14, 2024; the price target was $20. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who increased its forecast for the stock in late January from “a Perform” to “an Outperform”. Maxim Group also remained covering INO and has decreased its forecast on November 09, 2022 with a “Hold” recommendation from previously “Buy” rating. BofA Securities revised its rating on November 01, 2022. It rated INO as “an Underperform” which previously was an “a Neutral”.
Price Performance Review of INO
On Tuesday, Inovio Pharmaceuticals Inc [NASDAQ:INO] saw its stock jump 18.13% to $2.28. Over the last five days, the stock has gained 28.09%. Inovio Pharmaceuticals Inc shares have risen nearly 24.59% since the year began. Nevertheless, the stocks have fallen -73.61% over the past one year. While a 52-week high of $14.75 was reached on 01/07/25, a 52-week low of $1.74 was recorded on 01/03/25. SMA at 50 days reached $3.8000, while 200 days put it at $7.7300.
Levels Of Support And Resistance For INO Stock
The 24-hour chart illustrates a support level at 2.0100, which if violated will result in even more drops to 1.7400. On the upside, there is a resistance level at 2.4700. A further resistance level may holdings at 2.6600. The Relative Strength Index (RSI) on the 14-day chart is 38.22, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.1700, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 16.92%. Stochastics %K at 46.45% indicates the stock is a holding.
How much short interest is there in Inovio Pharmaceuticals Inc?
A steep rise in short interest was recorded in Inovio Pharmaceuticals Inc stocks on 2024-10-31, growing by 0.16 million shares to a total of 3.5 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 3.34 million shares. There was a rise of 4.62%, which implies that there is a positive sentiment for the stock.
