Ziopharm Oncology Inc. (NASDAQ:ZIOP) shares saw unusually-strong trading volume on Friday . Approximately 1,871,731 shares traded hands during trading, a decline of 21% from the previous session’s volume of 2,354,674 shares.The stock last traded at $6.03 and had previously closed at $6.01.

A number of equities analysts recently weighed in on ZIOP shares. Vetr lowered shares of Ziopharm Oncology from a “strong-buy” rating to a “buy” rating and set a $9.76 price target on the stock. in a research report on Monday, April 18th. Mizuho boosted their price target on shares of Ziopharm Oncology from $6.00 to $7.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 11th. Zacks Investment Research upgraded shares of Ziopharm Oncology from a “sell” rating to a “hold” rating in a research report on Wednesday, May 11th. Wells Fargo & Co. restated a “sell” rating and set a $6.50 price target on shares of Ziopharm Oncology in a research report on Thursday, May 12th. Finally, Griffin Securities restated a “buy” rating and set a $21.00 price target on shares of Ziopharm Oncology in a research report on Thursday, May 26th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. Ziopharm Oncology has an average rating of “Hold” and a consensus target price of $11.07.

The company has a 50 day moving average price of $6.48 and a 200 day moving average price of $7.07. The stock’s market capitalization is $786.50 million.

Ziopharm Oncology (NASDAQ:ZIOP) last released its quarterly earnings results on Tuesday, May 10th. The biotechnology company reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.08) by $0.01. The firm had revenue of $1.97 million for the quarter, compared to analyst estimates of $1.89 million. The business’s revenue was up 623.9% on a year-over-year basis. During the same period in the prior year, the company earned ($0.69) EPS. Analysts predict that Ziopharm Oncology Inc. will post ($0.42) EPS for the current year.

Other institutional investors have recently added to or reduced their stakes in the company. Swiss National Bank raised its position in Ziopharm Oncology by 2.2% in the fourth quarter. Swiss National Bank now owns 159,220 shares of the biotechnology company’s stock valued at $1,323,000 after buying an additional 3,500 shares in the last quarter. Wells Fargo & Company MN increased its stake in Ziopharm Oncology by 18.4% in the fourth quarter. Wells Fargo & Company MN now owns 168,616 shares of the biotechnology company’s stock valued at $1,402,000 after buying an additional 26,233 shares during the last quarter. California State Teachers Retirement System increased its stake in Ziopharm Oncology by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 212,521 shares of the biotechnology company’s stock valued at $1,766,000 after buying an additional 3,354 shares during the last quarter. California Public Employees Retirement System increased its stake in Ziopharm Oncology by 567.2% in the fourth quarter. California Public Employees Retirement System now owns 307,366 shares of the biotechnology company’s stock valued at $2,554,000 after buying an additional 261,300 shares during the last quarter. Finally, Morgan Stanley increased its stake in Ziopharm Oncology by 5.1% in the fourth quarter. Morgan Stanley now owns 1,618,205 shares of the biotechnology company’s stock valued at $13,447,000 after buying an additional 78,583 shares during the last quarter.

ZIOPHARM Oncology, Inc is a biopharmaceutical company. The Company is seeking to acquire, develop and commercialize, on its own or with partners, a portfolio of cancer therapies through synthetic immuno-oncology. Its clinical-stage product candidate, Ad-RTS-IL-12, is used with the oral activator veledimex.

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