Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $1.54 in the prior trading day, Precigen Inc (NASDAQ: PGEN) closed at $1.42, down -7.79%. In other words, the price has decreased by -$7.79 from its previous closing price. On the day, 2.34 million shares were traded.
Ratios:
Our goal is to gain a better understanding of PGEN by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.53 and its Current Ratio is at 3.53. In the meantime, Its Debt-to-Equity ratio is 0.35 whereas as Long-Term Debt/Eq ratio is at 0.29.
On November 18, 2022, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $7.Cantor Fitzgerald initiated its Overweight rating on November 18, 2022, with a $7 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 09 ’24 when Perez Jeffrey Thomas bought 58,823 shares for $0.85 per share. The transaction valued at 50,000 led to the insider holds 743,097 shares of the business.
KIRK RANDAL J bought 23,529,411 shares of PGEN for $19,999,999 on Aug 09 ’24. The Director now owns 64,547,214 shares after completing the transaction at $0.85 per share.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 99.80.
Stock Price History:
Over the past 52 weeks, PGEN has reached a high of $2.17, while it has fallen to a 52-week low of $0.65. The 50-Day Moving Average of the stock is 0.02%, while the 200-Day Moving Average is calculated to be 14.80%.
Shares Statistics:
A total of 295.14M shares are outstanding, with a floating share count of 161.93M. Insiders hold about 45.14% of the company’s shares, while institutions hold 27.33% stake in the company.
