Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Agios Pharmaceuticals Inc (NASDAQ: AGIO) was $33.22 for the day, down -3.82% from the previous closing price of $34.54. In other words, the price has decreased by -$3.82 from its previous closing price. On the day, 0.68 million shares were traded. AGIO stock price reached its highest trading level at $35.11 during the session, while it also had its lowest trading level at $33.21.
Ratios:
Our analysis of AGIO’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 12.39 and its Current Ratio is at 12.84. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.07.
On February 03, 2023, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $41.
Goldman Upgraded its Sell to Neutral on November 17, 2022, whereas the target price for the stock was revised from $17 to $32.
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 Apr 10 ’24 when FOUSE JACQUALYN A sold 7,791 shares for $27.55 per share. The transaction valued at 214,642 led to the insider holds 137,396 shares of the business.
Foster-Cheek Kaye I sold 1,285 shares of AGIO for $40,632 on Mar 07 ’24. The Director now owns 5,524 shares after completing the transaction at $31.62 per share. On Mar 06 ’24, another insider, Foster-Cheek Kaye I, who serves as the Director of the company, sold 4,415 shares for $31.99 each. As a result, the insider received 141,236 and left with 6,809 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, AGIO now has a Market Capitalization of 1960936832 and an Enterprise Value of 1356353920. For the stock, the TTM Price-to-Sale (P/S) ratio is 64.15 while its Price-to-Book (P/B) ratio in mrq is 2.53. Its current Enterprise Value per Revenue stands at 46.13 whereas that against EBITDA is -3.507.
Stock Price History:
Over the past 52 weeks, AGIO has reached a high of $35.50, while it has fallen to a 52-week low of $19.80. The 50-Day Moving Average of the stock is 8.27%, while the 200-Day Moving Average is calculated to be 29.14%.
Shares Statistics:
AGIO traded an average of 763.42K shares per day over the past three months and 762730 shares per day over the past ten days. A total of 55.95M shares are outstanding, with a floating share count of 55.30M. Insiders hold about 2.59% of the company’s shares, while institutions hold 105.62% stake in the company. Shares short for AGIO as of 1713139200 were 6653774 with a Short Ratio of 8.72, compared to 1710460800 on 6850350. Therefore, it implies a Short% of Shares Outstanding of 6653774 and a Short% of Float of 11.89.
