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In the latest session, Macrogenics Inc (NASDAQ: MGNX) closed at $3.77 down -8.05% from its previous closing price of $4.10. In other words, the price has decreased by -$8.05 from its previous closing price. On the day, 0.62 million shares were traded. MGNX stock price reached its highest trading level at $4.145 during the session, while it also had its lowest trading level at $3.765.
Ratios:
For a deeper understanding of Macrogenics Inc’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 236618016 and an Enterprise Value of 70355200. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.67 while its Price-to-Book (P/B) ratio in mrq is 1.97. Its current Enterprise Value per Revenue stands at 0.498 whereas that against EBITDA is -0.706.
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 3.28%, while the 200-Day Moving Average is calculated to be -55.14%.
Shares Statistics:
For the past three months, MGNX has traded an average of 677.91K shares per day and 987830 over the past ten days. A total of 62.07M shares are outstanding, with a floating share count of 58.05M. Insiders hold about 7.51% of the company’s shares, while institutions hold 92.32% stake in the company. Shares short for MGNX as of 1730332800 were 5457556 with a Short Ratio of 8.05, compared to 1727654400 on 5530578. Therefore, it implies a Short% of Shares Outstanding of 5457556 and a Short% of Float of 10.67.
