Replimune Group Inc (NASDAQ: REPL): Making Its Way To A Higher Share Price

Replimune Group Inc (NASDAQ:REPL) price on Wednesday, April 17, rose 0.84% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $7.21.

A look at the stock’s price movement, the close in the last trading session was $7.15. Turning to its 52-week performance, $24.81 and $5.89 were the 52-week high and 52-week low respectively. Overall, REPL moved -12.92% over the past month.

Replimune Group Inc’s market cap currently stands at around $442.62 million.

Revisions could be used as tool to get short term price movement insight, and for the company that in the past seven days was no upward and no downward review(s). Turning to the stock’s technical picture we see that short term indicators suggest on average that REPL is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.

REPL’s current price about -4.82% and -9.47% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 41.51, while 7-day volatility ratio is 4.38% and 5.69% in the 30-day chart. Further, Replimune Group Inc (REPL) has a beta value of 1.22, and an average true range (ATR) of 0.41.

If we refocus on Replimune Group Inc (NASDAQ:REPL), historical trading data shows that trading volumes averaged 1.34 million over the past 3 months. The company’s latest data on shares outstanding shows there are 56.68 million shares.

The 27.56% of Replimune Group Inc’s shares are in the hands of company insiders while institutional holders own 92.54% of the company’s shares. Current price change has pushed the stock -14.47% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the REPL stock continues to rise going into the next quarter.

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