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The price of Regenxbio Inc (NASDAQ: RGNX) closed at $13.71 in the last session, down -2.63% from day before closing price of $14.08. In other words, the price has decreased by -$2.63 from its previous closing price. On the day, 0.67 million shares were traded. RGNX stock price reached its highest trading level at $13.9 during the session, while it also had its lowest trading level at $13.22.
Ratios:
We take a closer look at RGNX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.59 and its Current Ratio is at 3.59. In the meantime, Its Debt-to-Equity ratio is 0.44 whereas as Long-Term Debt/Eq ratio is at 0.32.
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, Goldman on June 07, 2024, initiated with a Buy rating and assigned the stock a target price of $38.
On March 11, 2024, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $36.
RBC Capital Mkts Upgraded its Sector Perform to Outperform on March 08, 2024, whereas the target price for the stock was revised from $20 to $35.
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 May 14 ’24 when Mills Kenneth T. sold 15,000 shares for $15.81 per share. The transaction valued at 237,222 led to the insider holds 408,035 shares of the business.
Mills Kenneth T. sold 15,000 shares of RGNX for $272,871 on Apr 15 ’24. The President and CEO now owns 408,035 shares after completing the transaction at $18.19 per share. On Mar 14 ’24, another insider, Mills Kenneth T., who serves as the President and CEO of the company, sold 15,000 shares for $21.86 each. As a result, the insider received 327,942 and left with 408,035 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, RGNX now has a Market Capitalization of 675299776 and an Enterprise Value of 507162304. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.79 while its Price-to-Book (P/B) ratio in mrq is 1.72. Its current Enterprise Value per Revenue stands at 5.848 whereas that against EBITDA is -2.09.
Stock Price History:
Over the past 52 weeks, RGNX has reached a high of $28.80, while it has fallen to a 52-week low of $11.83. The 50-Day Moving Average of the stock is -17.21%, while the 200-Day Moving Average is calculated to be -21.19%.
Shares Statistics:
According to the various share statistics, RGNX traded on average about 478.19K shares per day over the past 3-months and 392540 shares per day over the past 10 days. A total of 49.26M shares are outstanding, with a floating share count of 44.94M. Insiders hold about 8.76% of the company’s shares, while institutions hold 87.73% stake in the company. Shares short for RGNX as of 1715731200 were 4006671 with a Short Ratio of 8.38, compared to 1713139200 on 4065835. Therefore, it implies a Short% of Shares Outstanding of 4006671 and a Short% of Float of 10.66.
