Market Recap: Regenxbio Inc (RGNX)’s Negative Momentum, Closing at 7.67

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The closing price of Regenxbio Inc (NASDAQ: RGNX) was $7.67 for the day, down -2.66% from the previous closing price of $7.88. In other words, the price has decreased by -$2.66 from its previous closing price. On the day, 0.72 million shares were traded. RGNX stock price reached its highest trading level at $8.2416 during the session, while it also had its lowest trading level at $7.51.

Ratios:

Our analysis of RGNX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.05 and its Current Ratio is at 3.05. In the meantime, Its Debt-to-Equity ratio is 0.48 whereas as Long-Term Debt/Eq ratio is at 0.37.

On June 07, 2024, Goldman started tracking the stock assigning a Buy rating and target price of $38.Goldman initiated its Buy rating on June 07, 2024, with a $38 target price.

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 Dec 30 ’24 when VITTAL VASISTA bought 20,041 shares for $7.41 per share.

KARABELAS ARGERIS N sold 10,000 shares of RGNX for $101,052 on Oct 01 ’24. The Director now owns 11,286 shares after completing the transaction at $10.11 per share. On Sep 03 ’24, another insider, KARABELAS ARGERIS N, who serves as the Director of the company, sold 10,000 shares for $11.56 each. As a result, the insider received 115,588 and left with 11,286 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 380010912 and an Enterprise Value of 280766144. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.51 while its Price-to-Book (P/B) ratio in mrq is 1.26. Its current Enterprise Value per Revenue stands at 3.329 whereas that against EBITDA is -1.256.

Stock Price History:

The Beta on a monthly basis for RGNX is 1.29, which has changed by -0.35250616 over the last 52 weeks, in comparison to a change of 0.23883796 over the same period for the S&P500. Over the past 52 weeks, RGNX has reached a high of $28.80, while it has fallen to a 52-week low of $6.56. The 50-Day Moving Average of the stock is -10.77%, while the 200-Day Moving Average is calculated to be -34.61%.

Shares Statistics:

RGNX traded an average of 1.29M shares per day over the past three months and 1315870 shares per day over the past ten days. A total of 49.53M shares are outstanding, with a floating share count of 44.68M. Insiders hold about 9.82% of the company’s shares, while institutions hold 90.84% stake in the company. Shares short for RGNX as of 1735603200 were 6042356 with a Short Ratio of 4.68, compared to 1732838400 on 5259878. Therefore, it implies a Short% of Shares Outstanding of 6042356 and a Short% of Float of 15.950000000000001.

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