Gaining Ground: Precigen Inc (PGEN) Closes Higher at 1.81, Up 0.56

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The price of Precigen Inc (NASDAQ: PGEN) closed at $1.81 in the last session, up 0.56% from day before closing price of $1.80. In other words, the price has increased by $0.56 from its previous closing price. On the day, 2.35 million shares were traded. PGEN stock price reached its highest trading level at $1.96 during the session, while it also had its lowest trading level at $1.78.

Ratios:

We take a closer look at PGEN’s different ratios to gain a better understanding of the stock. 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:

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 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:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PGEN now has a Market Capitalization of 532217824 and an Enterprise Value of 468027776. For the stock, the TTM Price-to-Sale (P/S) ratio is 135.77 while its Price-to-Book (P/B) ratio in mrq is 13.76. Its current Enterprise Value per Revenue stands at 119.243 whereas that against EBITDA is -5.19.

Stock Price History:

The Beta on a monthly basis for PGEN is 1.62, which has changed by 0.28368795 over the last 52 weeks, in comparison to a change of 0.086116076 over the same period for the S&P500. 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 13.52%, while the 200-Day Moving Average is calculated to be 45.29%.

Shares Statistics:

According to the various share statistics, PGEN traded on average about 2.06M shares per day over the past 3-months and 1301100 shares per day over the past 10 days. A total of 292.87M shares are outstanding, with a floating share count of 162.39M. Insiders hold about 44.43% of the company’s shares, while institutions hold 25.98% stake in the company. Shares short for PGEN as of 1740700800 were 21571396 with a Short Ratio of 10.48, compared to 1738281600 on 19037437. Therefore, it implies a Short% of Shares Outstanding of 21571396 and a Short% of Float of 11.2399995.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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