Genocea Biosciences (GNCA) Stock Price Down 5.1%
Genocea Biosciences Inc (NASDAQ:GNCA) shares fell 5.1% on Friday . The company traded as low as $0.90 and last traded at $0.93. 1,768,341 shares changed hands during trading, an increase of 36% from the average session volume of 1,300,616 shares. The stock had previously closed at $0.98.
A number of research firms recently weighed in on GNCA. Needham & Company LLC raised shares of Genocea Biosciences from a “hold” rating to a “buy” rating and set a $3.00 price target on the stock in a research report on Tuesday, February 6th. Zacks Investment Research downgraded shares of Genocea Biosciences from a “buy” rating to a “hold” rating in a report on Wednesday, January 3rd. Finally, Piper Jaffray Companies restated an “overweight” rating and set a $5.00 price objective on shares of Genocea Biosciences in a report on Thursday, November 2nd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. Genocea Biosciences currently has a consensus rating of “Hold” and a consensus target price of $4.45.
The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 2.51.
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About Genocea Biosciences
Genocea Biosciences, Inc, is harnessing the power of T cell immunity to develop vaccines and immunotherapies company. The Company uses its discovery platform, AnTigen Lead Acquisition System (ATLAS), to design vaccines and immunotherapies that act, in part, through T cell (or cellular) immune responses.
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