Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The closing price of Precigen Inc (NASDAQ: PGEN) was $1.50 for the day, down -5.66% from the previous closing price of $1.59. In other words, the price has decreased by -$5.66 from its previous closing price. On the day, 1.23 million shares were traded.
Ratios:
Our analysis of PGEN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 4.76 and its Current Ratio is at 4.76. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.07.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 112.52 while its Price-to-Book (P/B) ratio in mrq is 11.41.
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 -9.16%, while the 200-Day Moving Average is calculated to be 21.95%.
Shares Statistics:
A total of 292.87M shares are outstanding, with a floating share count of 162.39M. Insiders hold about 44.77% of the company’s shares, while institutions hold 25.69% stake in the company.
