Inovio Pharmaceuticals Inc. (INO) Drops 6.92% on February 03

Equities Staff |

Inovio Pharmaceuticals Inc. (INO) was one of the Russell 2000's biggest losers for Wednesday February 03 as the stock slid 6.92% to $6.05, a loss of $-0.45 per share. Starting at an opening price of $6.55 a share, the stock traded between $5.86 and $6.57 over the course of the trading day. Volume was 2.59 million shares over 11,160 trades, against an average daily volume of 1.58 million shares and a total float of 72.18 million.

The losses send Inovio Pharmaceuticals Inc. down to a market cap of $436.71 million. In the last year, Inovio Pharmaceuticals Inc. has traded between $10.83 and $4.50, and its 50-day SMA is currently $6.36 and 200-day SMA is $7.26.

Inovio Pharmaceuticals Inc is a clinical stage biopharmaceutical company. The Company develops active DNA immunotherapies and vaccines in combination with proprietary electroporation delivery devices to prevent and treat cancers and infectious diseases.

Inovio Pharmaceuticals Inc. is based out of Plymouth Meeting, PA and has some 106 employees. Its CEO is J. Joseph Kim.

For a complete fundamental analysis analysis of Inovio Pharmaceuticals Inc., check out Equities.com’s Stock Valuation Analysis report for INO. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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