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After finishing at $22.08 in the prior trading day, Rigel Pharmaceuticals (NASDAQ: RIGL) closed at $20.29, down -8.11%. In other words, the price has decreased by -$8.11 from its previous closing price. On the day, 0.58 million shares were traded.
Ratios:
Our goal is to gain a better understanding of RIGL by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.34. For the most recent quarter (mrq), Quick Ratio is recorded 1.81 and its Current Ratio is at 1.96.
Piper Sandler Downgraded its Overweight to Neutral on June 08, 2022, whereas the target price for the stock was revised from $7 to $1.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 04 ’25 when Schorno Dean L sold 2,036 shares for $20.92 per share. The transaction valued at 42,595 led to the insider holds 58,969 shares of the business.
Schorno Dean L sold 1,734 shares of RIGL for $38,020 on Feb 05 ’25. The EVP & Chief Financial Officer now owns 57,235 shares after completing the transaction at $21.93 per share. On Feb 04 ’25, another insider, Santos David A, who serves as the EVP, Chief Commercial Officer of the company, sold 2,125 shares for $20.92 each. As a result, the insider received 44,457 and left with 53,500 shares of the company.
Valuation Measures:
As of this moment, Rigel’s Price-to-Earnings (P/E) ratio for their current fiscal year is 93.67, and their Forward P/E ratio for the next fiscal year is 14.34. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 11.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.27.
Stock Price History:
Over the past 52 weeks, RIGL has reached a high of $29.82, while it has fallen to a 52-week low of $7.48. The 50-Day Moving Average of the stock is 1.71%, while the 200-Day Moving Average is calculated to be 29.87%.
Shares Statistics:
A total of 17.61M shares are outstanding, with a floating share count of 17.14M. Insiders hold about 2.71% of the company’s shares, while institutions hold 69.19% stake in the company.
