Stock Movers: Why Pfenex Inc. (PFNX) Stock Is Jumping About 2.22 Percent Today
Pfenex Inc. (NYSE:PFNX) is one of the stocks that are grabbing investor focus today: skyrocketing 2.22% or (0.19 points) to $8.75 from its previous close of $8.56. Does this growth mean it the best stock to buy right now? The shares seem to have an active trading volume day with a reported 187441 contracts so far this session. PFNX shares had a relatively better volume day versus average trading capacity of 302.71 thousand shares, but with a 29.19 million float and a 7.81% run over a week, it’s definitely worth keeping an eye on. The one year price forecast for PFNX stock indicates that the average analyst price target is $17 per share. This means the stock has a potential increase of 94.29% from where the PFNX share price has been trading recently which is between $8.35 and $9.04. There ...