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Should You Buy Genprex Inc. (NASDAQ:GNPX) Right Now? Here’s How to Decide

Genprex Inc. (NASDAQ:GNPX) shares fell to a low of $3.68 before closing at $3.72. Intraday shares traded counted 0.45 million, which was 47.87% higher than its 30-day average trading volume of 857.31K. GNPX’s previous close was $3.76 while the outstanding shares total 45.55M. The stock’s Relative Strength Index (RSI) is 50.52, with weekly volatility at 3.93% and ATR at 0.20. The GNPX stock’s 52-week price range has touched low of $2.67 and a $7.72 high. The stock traded lower over the last trading session, losing -1.06% on 06/03/21.

Investors have identified the Biotechnology company Genprex Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $176.14 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Genprex Inc. (GNPX) Fundamentals that are to be considered.

When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 50.38 million total, with 0.61 million as their total liabilities.

GNPX were able to record -5.56 million as free cash flow during the 09/01/2021 quarter of the year, this saw their quarterly net cash flow reduce by 19.75 million. In cash movements, the company had a total of -5.46 million as operating cash flow.

Is the stock of GNPX attractive?

In related news, Director, LONGNECKER BRENT M bought 15,000 shares of the company’s stock in a transaction that recorded on Apr 05. The purchase was performed at an average price of 4.15, for a total value of 62,250. In the last 6 months, insiders have changed their ownership in shares of company stock by 15.95%.

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