Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $3.49 in the prior trading day, PepGen Inc (NASDAQ: PEPG) closed at $3.45, down -1.15%. In other words, the price has decreased by -$1.15 from its previous closing price. On the day, 0.11 million shares were traded. PEPG stock price reached its highest trading level at $3.59 during the session, while it also had its lowest trading level at $3.33.
Ratios:
Our goal is to gain a better understanding of PEPG by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 8.47 and its Current Ratio is at 8.47. In the meantime, Its Debt-to-Equity ratio is 0.14 whereas as Long-Term Debt/Eq ratio is at 0.12.
On July 31, 2024, BofA Securities Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $12.
On December 21, 2022, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $26.H.C. Wainwright initiated its Buy rating on December 21, 2022, with a $26 target price.
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 Jul 25 ’24 when Mellion Michelle L sold 7,571 shares for $18.06 per share. The transaction valued at 136,741 led to the insider holds 0 shares of the business.
Mellion Michelle L sold 201 shares of PEPG for $3,619 on Jul 24 ’24. The Chief Medical Officer now owns 0 shares after completing the transaction at $18.01 per share. On Jul 18 ’24, another insider, Mellion Michelle L, who serves as the Chief Medical Officer of the company, sold 12,625 shares for $18.20 each. As a result, the insider received 229,804 and left with 0 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, PEPG now has a Market Capitalization of 112455168 and an Enterprise Value of -7361707.
Stock Price History:
Over the past 52 weeks, PEPG has reached a high of $19.30, while it has fallen to a 52-week low of $2.90. The 50-Day Moving Average of the stock is -30.53%, while the 200-Day Moving Average is calculated to be -67.64%.
Shares Statistics:
The stock has traded on average 160.18K shares per day over the past 3-months and 84860 shares per day over the last 10 days, according to various share statistics. A total of 32.59M shares are outstanding, with a floating share count of 26.33M. Insiders hold about 19.21% of the company’s shares, while institutions hold 77.08% stake in the company. Shares short for PEPG as of 1734048000 were 808074 with a Short Ratio of 5.04, compared to 1731628800 on 743266. Therefore, it implies a Short% of Shares Outstanding of 808074 and a Short% of Float of 4.7199998.
Earnings Estimates
Currently, 2.0 analysts are dedicated to thoroughly evaluating and rating the performance of PepGen Inc (PEPG) in the stock market.The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between -$1.71 and -$2.79 for the fiscal current year, implying an average EPS of -$2.25. EPS for the following year is -$1.99, with 2.0 analysts recommending between -$1.13 and -$2.84.
