Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
The closing price of Agenus Inc (NASDAQ: AGEN) was $3.66 for the day, down -4.44% from the previous closing price of $3.83. In other words, the price has decreased by -$4.44 from its previous closing price. On the day, 1.12 million shares were traded. AGEN stock price reached its highest trading level at $4.15 during the session, while it also had its lowest trading level at $3.5501.
Ratios:
Our analysis of AGEN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.19 and its Current Ratio is at 0.19.
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 the company, Robert W. Baird on July 19, 2024, Downgraded its rating to Neutral and sets its target price to $8 from $35 previously.
H.C. Wainwright Downgraded its Buy to Neutral on July 18, 2024, while the target price for the stock was maintained at $9.
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 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.
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 86419560 and an Enterprise Value of 142635680. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.54. Its current Enterprise Value per Revenue stands at 0.889 whereas that against EBITDA is -1.668.
Stock Price History:
The Beta on a monthly basis for AGEN is 1.31, which has changed by -0.695 over the last 52 weeks, in comparison to a change of 0.24359846 over the same period for the S&P500. Over the past 52 weeks, AGEN has reached a high of $19.69, while it has fallen to a 52-week low of $2.50. The 50-Day Moving Average of the stock is 15.25%, while the 200-Day Moving Average is calculated to be -50.46%.
Shares Statistics:
AGEN traded an average of 513.39K shares per day over the past three months and 445670 shares per day over the past ten days. A total of 23.46M shares are outstanding, with a floating share count of 22.36M. Insiders hold about 4.70% of the company’s shares, while institutions hold 33.68% stake in the company. Shares short for AGEN as of 1735603200 were 2954372 with a Short Ratio of 5.75, compared to 1732838400 on 2753758. Therefore, it implies a Short% of Shares Outstanding of 2954372 and a Short% of Float of 12.6.
