Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
In other words, the price has increased by $0.00 from its previous closing price. On the day, 0.58 million shares were traded. MGNX stock price reached its highest trading level at $3.03 during the session, while it also had its lowest trading level at $2.91.
Ratios:
Our goal is to gain a better understanding of MGNX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.69 and its Current Ratio is at 3.75. In the meantime, Its Debt-to-Equity ratio is 0.28 whereas as Long-Term Debt/Eq ratio is at 0.24.
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 Apr 04 ’24 when Peters Jeffrey Stuart sold 51,395 shares for $15.55 per share. The transaction valued at 799,148 led to the insider holds 0 shares of the business.
Peters Jeffrey Stuart sold 19,625 shares of MGNX for $421,938 on Mar 06 ’24. The Senior VP and General Counsel now owns 8,895 shares after completing the transaction at $21.50 per share. On Mar 04 ’24, another insider, Risser Eric Blasius, who serves as the Chief Operating Officer of the company, sold 41,159 shares for $19.76 each. As a result, the insider received 813,501 and left with 38,900 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MGNX now has a Market Capitalization of 188290208 and an Enterprise Value of 22027344. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.33 while its Price-to-Book (P/B) ratio in mrq is 1.57. Its current Enterprise Value per Revenue stands at 0.156 whereas that against EBITDA is -0.221.
Stock Price History:
Over the past 52 weeks, MGNX has reached a high of $21.88, while it has fallen to a 52-week low of $2.95. The 50-Day Moving Average of the stock is -12.71%, while the 200-Day Moving Average is calculated to be -45.00%.
Shares Statistics:
The stock has traded on average 572.63K shares per day over the past 3-months and 535520 shares per day over the last 10 days, according to various share statistics. A total of 62.76M shares are outstanding, with a floating share count of 57.88M. Insiders hold about 7.78% of the company’s shares, while institutions hold 84.46% stake in the company. Shares short for MGNX as of 1735603200 were 5184674 with a Short Ratio of 9.05, compared to 1732838400 on 5214021. Therefore, it implies a Short% of Shares Outstanding of 5184674 and a Short% of Float of 10.14.
