(VIANEWS) – Shares of GENSIGHT BIOLOGICS (CAC 40: SIGHT.PA) jumped by a staggering 15.11% to €0.64 at 11:52 EST on Wednesday, after four consecutive sessions in a row of losses. CAC 40 is falling 0.71% to €7,478.26, after two successive sessions in a row of losses. This seems, at the moment, a somewhat bearish trend exchanging session today.
About GENSIGHT BIOLOGICS
GenSight Biologics S.A., a clinical-stage biotechnology company, engages in the discovery, development, and commercialization of therapies for mitochondrial and neurodegenerative diseases of the eye and central nervous system. The company develops its products through gene therapy-based mitochondrial targeting sequence and optogenetics technology platforms. Its lead product candidates include LUMEVOQ (GS010), a recombinant AAV2-based gene therapy, which is in Phase III clinical trials for the treatment of leber hereditary optic neuropathy caused by a mutated ND4 gene; and GS030, which is in Phase I/II clinical trial for the treatment of retinitis pigmentosa, as well as in preclinical stage to treat dry age-related macular degeneration. The company also develops products that are in preclinical stage targeting ophthalmic and neurodegenerative diseases. GenSight Biologics S.A. was incorporated in 2012 and is headquartered in Paris, France.
Earnings Per Share
As for profitability, GENSIGHT BIOLOGICS has a trailing twelve months EPS of €-0.17.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, GENSIGHT BIOLOGICS’s stock is considered to be overbought (>=80).
Volatility
GENSIGHT BIOLOGICS’s last week, last month’s, and last quarter’s current intraday variation average was a negative 14.64%, a negative 1.16%, and a positive 3.33%.
GENSIGHT BIOLOGICS’s highest amplitude of average volatility was 14.64% (last week), 4.14% (last month), and 3.33% (last quarter).
Volume
Today’s last reported volume for GENSIGHT BIOLOGICS is 772068 which is 290.56% above its average volume of 197678.
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