Genedrive, Omega Diagnostics, FRP Advisory see greatest spike in investor traffic
Biotech, pharmaceutical and health care equipment and services are amongst the sectors seeing the highest surge of private investor interest since March 23rd.
Using its Follow Feed tool, stocks, shares and crypto website ADVFN (www.advfn.com) can reveal that diagnostics firm Genedrive plc, which has developed two coronavirus tests, has seen a 1400% increase in ‘follows’ since lockdown began.
Omega Diagnostics Group plc, which recently shipped its first Covid-19 testing kits, has seen a 455% rise in follows and FRP Advisory Group plc, a leading UK professional services firm specialising in restructuring advisory, has registered a 388% increase. Avacta Group plc, which raised £48m on June 4th to support the development of its new Covid-19 test, has experienced a 375% upsurge; biotech company Tiziana Life Sciences plc completes the top five with a 348% increase.
Top 10 UK stocks that have seen the greatest spike in investor interest [1]:
Company |
Ticker | Increase |
Genedrive | LSE:GDR | 1400% |
Omega Diagnostics Group | LSE:ODX | 455% |
FRP Advisory | LSE:FRP | 388% |
Avacta Group | LSE:AVCT | 375% |
Tiziana Life Sciences | LSE:TILS | 348% |
4D Pharma | LSE:DDDD | 341% |
Synairgen | LSE:SNG | 327% |
Sig | LSE:SHI | 177% |
Aston Martin Lagonda | LSE:AML | 165% |
Tekcapital | LSE:TEK |
127% |
Lloyds is currently the most monitored UK stock by investors on ADVFN followed by Barclays, Vodafone, Hurricane Energy and BP. However, these stocks have seen a relatively modest 6%-16% increase in interest during the lockdown period.
ADVFN’s Follow Feed tool provides essential market insights to private investors by keeping track of the stocks and cryptos that they select (‘follow’). It alerts them to key events such as price breakouts, unusual price action, high volume trades, order book activity, news and announcements and forum comments as they are happening in a rolling ‘Follow Feed’ timeline.
“Biotech stocks are red hot in London and the US,” said Clem Chambers, CEO of ADVFN. “Follow Feed is the go-to tool on ADVFN for users that want to keep up to date, blow-by-blow with developments in their conviction holdings.”
[1] Data is taken from March 23rd to June 9th, 2020