Geometry Dash APK Hill Climb Racing APK
45.5 F
New York
Saturday, December 3, 2022

Northwest Biotherapeutics Inc (OTCMKTS:NWBO) Bullish Trend Worth a Closer Look

Must read

Asia Broadband Inc (OTCMKTS:AABB) Is Up 1100% This year: What’s The Buzz?

There are some stocks that have managed to clock massive over the course of the past month or so and one of...

Blockchain Technologies Ltd (OTCMKTS:HVBTF) Makes A Stunning Move on Blockchain Optimism

The cryptocurrency boom has sustained for many months now and it anything; it is expected to continue in the future.

Bombardier, Inc. (OTCMKTS:BDRBF) Continues to Gain Momentum and Strength

Many stocks have managed to record significant gains in recent months and one that often flies under the radar is Bombardier,...

Grayscale Bitcoin Trust (Btc) (GBTC) Makes Big Move As Bitcoin Goes Wild

Bitcoin, the world’s biggest cryptocurrency by market cap, has been in the middle of a remarkable rally for the past few months...

Over the course of the past week, Northwest Biotherapeutics, Inc (OTCMKTS:NWBO) stock has gone on a remarkable rally and over the period, it’s gained as much as 150%.

The company, which is based out of Bethesda, Maryland, is a biotech firm and works on the development of customized therapies for different forms of cancer.

Bullish Trend

The stock is listed in OTC and has been one of the hottest tickers in the past 2 weeks. The EPS of NWBO may not be particularly appealing, but the company’s revenues have been growing from one quarter to the next.

Hence, if the earnings per share is no longer in the negative at some point in the future the Northwest stock price might rise further. Volatility has often plagued this stock, it should be noted that the current pps could eventually move rapidly in either direction.

Earlier this month, the company announced that it had successfully performed the data lock for its Gliobastoma treatment product DCVax®-L. Independent statisticians are going to work on the raw data and then present it to the company as well as other interested parties.

The data is then going to be analyzed before Northwest makes an announcement. It is the culmination of years of effort into the product from the company and marks a major breakthrough. The data lock was possibly one of the reasons why the Northwest stock rallied so strongly over the past week.

Earlier on in September, the company had also completed the acquisition of Flashworks for $4.3 million. Flashworks is involved in automating the manufacturing process associated with cell therapy products and could prove to be a key addition to Northwest’s manufacturing capabilities. It was cash plus stock transaction, out of which $1.65 million was paid in cash and $2.01 million was paid out in Northwest stock.

Latest article

Alibaba Group Holding Limited (OTCMKTS:BABAF) Big Volume with Possible 60% Upside

Alibaba Group Holding Limited (OTCMKTS:  BABAF) is an over the counter stock traded on the OTC Pink markets in the Consumer Discretionary...

Trans Global Group Inc (OTCMKTS:TGGI) Stock In Focus After Operational Updates

The Trans Global Group Inc (OTCMKTS:TGGI) stock may not have been in the news today yet but it...

Why Hycroft Mining (NASDAQ:HYMC) Stock Shot Up 700%

If you are on the hunt for stocks that may have made major gains over the course of the past week, then...

Secure Paymentz releases banking software demo on Github

This is a paid announcement from one of our advertising partners. How to Leverage Your Trading Position by Secure...

Advanced Asset Management Announces New Website Launch

This is a paid announcement from one of our advertising partners. Financial Planner in Grandville, Michigan
Şehirler arası nakliyat ve Şehirler arası taşımacılık konusunda en uygun fiyatlar ve en kaliteli hizmet.
ofis taşıma firmaları ve ofis taşıma konusunda en uygun fiyatlar ve en kaliteli hizmet.
SmsVerifyer.com Affordable best sms verification service