Hookipa Pharma Inc (NASDAQ:HOOK) shares, rose in value, with the stock price up by 11.11% to the previous day’s close as strong demand from buyers drove the stock to $0.85.
Actively observing the price movement in the last trading, the stock closed the session at $0.76. Referring to stock’s 52-week performance, its high was $2.05, and the low was $0.41. On the whole, HOOK has fluctuated by 20.98% over the past month.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that HOOK’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of HOOK currently trading nearly 10.97% and 15.42% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 60.67, while the 7-day volatility ratio is showing 10.69% which for the 30-day chart, stands at 9.70%. Furthermore, Hookipa Pharma Inc (HOOK)’s beta value is 0.98, and its average true range (ATR) is 0.07.
A comparison of Hookipa Pharma Inc (HOOK) with its peers suggests the former has fared considerably weaker in the market. HOOK showed an intraday change of 11.11% in last session, and over the past year, it shrunk by -4.49%%.
Data on historical trading for Hookipa Pharma Inc (NASDAQ:HOOK) indicates that the trading volumes over the past 3 months, they’ve averaged 551.43K. According to company’s latest data on outstanding shares, there are 96.55 million shares outstanding.
Nearly 28.85% of Hookipa Pharma Inc’s shares belong to company insiders and institutional investors own 35.34% of the company’s shares. The stock has risen by 4.94% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the HOOK stock heading into the next quarter.
