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As of close of business last night, Macrogenics Inc’s stock clocked out at $3.21, down -3.89% from its previous closing price of $3.34. In other words, the price has decreased by -$3.89 from its previous closing price. On the day, 0.88 million shares were traded. MGNX stock price reached its highest trading level at $3.45 during the session, while it also had its lowest trading level at $3.14.
Ratios:
To gain a deeper understanding of MGNX’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.69 and its Current Ratio is at 3.75. In the meantime, Its Debt-to-Equity ratio is 0.28 whereas as Long-Term Debt/Eq ratio is at 0.24.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Apr 04 ’24 when Peters Jeffrey Stuart sold 51,395 shares for $15.55 per share. The transaction valued at 799,148 led to the insider holds 0 shares of the business.
Peters Jeffrey Stuart sold 19,625 shares of MGNX for $421,938 on Mar 06 ’24. The Senior VP and General Counsel now owns 8,895 shares after completing the transaction at $21.50 per share. On Mar 04 ’24, another insider, Risser Eric Blasius, who serves as the Chief Operating Officer of the company, sold 41,159 shares for $19.76 each. As a result, the insider received 813,501 and left with 38,900 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, MGNX now has a Market Capitalization of 201470512 and an Enterprise Value of 35207668. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.43 while its Price-to-Book (P/B) ratio in mrq is 1.68. Its current Enterprise Value per Revenue stands at 0.249 whereas that against EBITDA is -0.353.
Stock Price History:
Over the past 52 weeks, MGNX has reached a high of $21.88, while it has fallen to a 52-week low of $2.95. The 50-Day Moving Average of the stock is -12.48%, while the 200-Day Moving Average is calculated to be -52.26%.
Shares Statistics:
It appears that MGNX traded 598.41K shares on average per day over the past three months and 453570 shares per day over the past ten days. A total of 62.76M shares are outstanding, with a floating share count of 57.89M. Insiders hold about 7.77% of the company’s shares, while institutions hold 84.43% stake in the company. Shares short for MGNX as of 1732838400 were 5214021 with a Short Ratio of 8.71, compared to 1730332800 on 5457556. Therefore, it implies a Short% of Shares Outstanding of 5214021 and a Short% of Float of 10.190000000000001.
