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After Surging 3 27% During Past Week, Is Sio Gene Therapies, Inc (NASDAQ:SIOX) Still A Buy?

Sio Gene Therapies, Inc. (NASDAQ:SIOX)’s traded shares stood at 451,895 during the last session, with the company’s beta value hitting 1.7. At the close of trading, the stock’s price was $2.53, to imply an increase of 3.69% or $0.09 in intraday trading. The SIOX share’s 52-week high remains $5.74, putting it -126.88% down since that peak but still an impressive +26.48% since price per share fell to its 52-week low of $1.86. The company has a valuation of $146.2 Million, with an average of 834.2 Million shares in intraday trading volume over the past 10 days and average of 1.58 Million shares over the past 3 months. Analysts have given a consensus recommendation of Buy for Sio Gene Therapies, Inc. (SIOX), translating to a mean rating of 1.3. Of 3 analyst(s) looking at the stock, none analyst(s) give SIOX a Sell rating. 1 of those analysts rate the stock as Overweight while no one advise Hold as 2 recommend it as a Buy. None analyst(s) have given it an Underweight rating. Esti

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