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.
Agenus Inc (NASDAQ: AGEN) closed the day trading at $5.31 up 6.84% from the previous closing price of $4.97. In other words, the price has increased by $6.84 from its previous closing price. On the day, 1.46 million shares were traded. AGEN stock price reached its highest trading level at $5.87 during the session, while it also had its lowest trading level at $4.905.
Ratios:
For a better understanding of AGEN, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.44 and its Current Ratio is at 0.44.
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, Robert W. Baird on June 06, 2023, initiated with a Outperform rating and assigned the stock a target price of $8.
On June 06, 2023, Robert W. Baird started tracking the stock assigning a Outperform rating and target price of $80.
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 Feb 15 ’24 when ARMEN GARO H bought 500,000 shares for $0.65 per share. The transaction valued at 324,050 led to the insider holds 625,969 shares of the business.
WIINBERG ULF bought 25,000 shares of AGEN for $19,000 on Nov 15 ’23. The Director now owns 124,063 shares after completing the transaction at $0.76 per share. On Oct 16 ’23, another insider, AGENUS INC, who serves as the 10% Owner of the company, bought 429 shares for $1.10 each. As a result, the insider paid 472 and bolstered with 21,772,863 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, AGEN now has a Market Capitalization of 111223256 and an Enterprise Value of 140250288. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.71. Its current Enterprise Value per Revenue stands at 0.897 whereas that against EBITDA is -0.957.
Stock Price History:
Over the past 52 weeks, AGEN has reached a high of $42.60, while it has fallen to a 52-week low of $4.78. The 50-Day Moving Average of the stock is -55.45%, while the 200-Day Moving Average is calculated to be -71.52%.
Shares Statistics:
Over the past 3-months, AGEN traded about 618.09K shares per day on average, while over the past 10 days, AGEN traded about 1161984 shares per day. A total of 20.95M shares are outstanding, with a floating share count of 19.91M. Insiders hold about 4.93% of the company’s shares, while institutions hold 54.99% stake in the company. Shares short for AGEN as of 1711584000 were 2386195 with a Short Ratio of 3.86, compared to 1709164800 on 2259515. Therefore, it implies a Short% of Shares Outstanding of 2386195 and a Short% of Float of 11.48.
Earnings Estimates
Investors are eagerly awaiting the insights provided by Agenus Inc. analysts currently analyzing and rating the stock of Agenus Inc (AGEN).The consensus estimate for the next quarter is $22.99, with high estimates of $20.50 and low estimates of $1.90.
