Deeper Dive: Understanding TG Therapeutics Inc (TGTX) Through its Various Ratios

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The price of TG Therapeutics Inc (NASDAQ: TGTX) closed at $34.26 in the last session, down -1.01% from day before closing price of $34.61. In other words, the price has decreased by -$1.01 from its previous closing price. On the day, 2.77 million shares were traded. TGTX stock price reached its highest trading level at $34.7199 during the session, while it also had its lowest trading level at $33.64.

Ratios:

We take a closer look at TGTX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.91 and its Current Ratio is at 4.59. In the meantime, Its Debt-to-Equity ratio is 1.32 whereas as Long-Term Debt/Eq ratio is at 1.31.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on October 29, 2024, initiated with a Buy rating and assigned the stock a target price of $50.

On August 02, 2023, Goldman Upgraded its rating to Neutral which previously was Sell and also lowered its target price recommendation from $16 to $12.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 11 ’24 when Lonial Sagar sold 5,000 shares for $30.44 per share. The transaction valued at 152,200 led to the insider holds 100,195 shares of the business.

Charney Laurence N sold 25,000 shares of TGTX for $754,875 on Nov 11 ’24. The Director now owns 212,479 shares after completing the transaction at $30.20 per share. On Nov 11 ’24, another insider, Charney Laurence N, who serves as the Director of the company, bought 25,000 shares for $30.19 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TGTX now has a Market Capitalization of 5333082112 and an Enterprise Value of 4830247424. For the stock, the TTM Price-to-Sale (P/S) ratio is 20.14 while its Price-to-Book (P/B) ratio in mrq is 27.77. Its current Enterprise Value per Revenue stands at 18.242 whereas that against EBITDA is -11838.842.

Stock Price History:

Over the past 52 weeks, TGTX has reached a high of $36.84, while it has fallen to a 52-week low of $12.30. The 50-Day Moving Average of the stock is 31.81%, while the 200-Day Moving Average is calculated to be 72.06%.

Shares Statistics:

According to the various share statistics, TGTX traded on average about 3.76M shares per day over the past 3-months and 4689670 shares per day over the past 10 days. A total of 151.42M shares are outstanding, with a floating share count of 140.42M. Insiders hold about 9.79% of the company’s shares, while institutions hold 65.33% stake in the company. Shares short for TGTX as of 1731628800 were 28328140 with a Short Ratio of 8.50, compared to 1728950400 on 32482915. Therefore, it implies a Short% of Shares Outstanding of 28328140 and a Short% of Float of 20.1.

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