Price Action To Observe: ZIOPHARM Oncology Inc. Has Another Very Weak Trading Session

Price Action To Observe: ZIOPHARM Oncology Inc. Has Another Very Weak Trading Session

The stock of ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) is a huge mover today! About 1.36M shares traded hands. ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) has declined 23.65% since April 18, 2016 and is downtrending. It has underperformed by 28.08% the S&P500.
The move comes after 5 months negative chart setup for the $821.36M company. It was reported on Nov, 18 by Barchart.com. We have $5.98 PT which if reached, will make NASDAQ:ZIOP worth $41.07 million less.

ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) Ratings Coverage

Out of 3 analysts covering Ziopharm Oncology (NASDAQ:ZIOP), 0 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 0 are positive. Ziopharm Oncology has been the topic of 5 analyst reports since December 4, 2015 according to StockzIntelligence Inc. Mizuho maintained the stock with “Neutral” rating in Wednesday, May 11 report. The firm earned “Underperform” rating on Friday, December 4 by Wells Fargo. The stock of ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) earned “Market Perform” rating by Wells Fargo on Wednesday, August 10. The rating was maintained by Mizuho with “Neutral” on Monday, January 25. The firm has “Market Perform” rating given on Thursday, June 2 by Raymond James.

According to Zacks Investment Research, “ZIOPHARM Oncology, Inc. is a biopharmaceutical company engaged in the development and commercialization of a diverse, risk-sensitive portfolio of in-licensed cancer drugs to address unmet medical needs. The Company applies new insights from molecular and cancer biology to understand the efficacy and safety limitations of approved and developmental cancer therapies and identifies proprietary and related molecules for better patient treatment.”

More recent ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) news were published by: Fool.com which released: “Better Buy: Ziopharm Oncology, Inc. vs. Juno Therapeutics” on November 03, 2016. Also Fool.com published the news titled: “Better Buy: Ziopharm Oncology, Inc. vs. Intrexon Corporation” on October 14, 2016. Fool.com‘s news article titled: “Better Buy: Ziopharm Oncology, Inc. vs. Celgene” with publication date: June 18, 2016 was also an interesting one.

ZIOP Company Profile

ZIOPHARM Oncology, Inc., incorporated on May 16, 2005, is a biopharmaceutical company. The Firm is seeking to acquire, develop and commercialize, on its own or with partners, a portfolio of cancer therapies through synthetic immuno-oncology. The Company’s clinical-stage product candidate, Ad-RTS-IL-12, is used with the oral activator veledimex. The Company’s Ad-RTS-IL-12 + veledimex uses gene delivery system to produce interleukin-12 (IL-12), a potent, naturally occurring anti-cancer protein. The Company’s initial drug candidate being developed using the synthetic immuno-oncology platform is Ad-RTS-IL-12 + veledimex.

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