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StockNews.com Begins Coverage on Genocea Biosciences (NASDAQ:GNCA)

Defense World ·  Sep 10, 2022 14:31

Equities researchers at StockNews.com started coverage on shares of Genocea Biosciences (NASDAQ:GNCA – Get Rating) in a report released on Saturday. The firm set a "sell" rating on the biotechnology company's stock.

Genocea Biosciences Stock Performance

Shares of GNCA stock opened at $0.01 on Friday. The business's fifty day moving average price is $0.01 and its 200 day moving average price is $0.35. Genocea Biosciences has a 1-year low of $0.01 and a 1-year high of $2.16. The firm has a market capitalization of $657,820.80, a PE ratio of -0.02 and a beta of 1.96. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.35 and a quick ratio of 1.35.

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Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Genocea Biosciences stock. Acadian Asset Management LLC acquired a new position in shares of Genocea Biosciences, Inc. (NASDAQ:GNCA – Get Rating) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 21,741 shares of the biotechnology company's stock, valued at approximately $25,000. 9.31% of the stock is owned by institutional investors and hedge funds.

About Genocea Biosciences

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Genocea Biosciences, Inc, a biopharmaceutical company, discovers and develops novel cancer immunotherapies. The company uses its proprietary discovery platform, ATLAS, which profiles each patient's CD4+ and CD8+ T cell immune responses to every target or antigen identified by next-generation sequencing of that patient's tumor.

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