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The closing price of enGene Holdings Inc (NASDAQ: ENGN) was $6.60 for the day, up 9.09% from the previous closing price of $6.05. In other words, the price has increased by $9.09 from its previous closing price. On the day, 0.53 million shares were traded. ENGN stock price reached its highest trading level at $6.6421 during the session, while it also had its lowest trading level at $5.84.
Ratios:
Our analysis of ENGN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 19.52 and its Current Ratio is at 19.52. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.10.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Oppenheimer on August 28, 2024, initiated with a Outperform rating and assigned the stock a target price of $30.
On April 22, 2024, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $30.
On April 15, 2024, Guggenheim started tracking the stock assigning a Buy rating and target price of $34.Guggenheim initiated its Buy rating on April 15, 2024, with a $34 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 Apr 22 ’24 when FONDS DE SOLIDARITE DES TRAVAI sold 47,854 shares for $15.00 per share. The transaction valued at 717,810 led to the insider holds 3,036,153 shares of the business.
FONDS DE SOLIDARITE DES TRAVAI sold 4,575 shares of ENGN for $68,671 on Apr 18 ’24. The 10% Owner now owns 3,084,107 shares after completing the transaction at $15.01 per share. On Apr 19 ’24, another insider, FONDS DE SOLIDARITE DES TRAVAI, who serves as the 10% Owner of the company, sold 100 shares for $15.00 each. As a result, the insider received 1,500 and left with 3,084,007 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, ENGN now has a Market Capitalization of 291822944 and an Enterprise Value of 58999808.
Stock Price History:
Over the past 52 weeks, ENGN has reached a high of $47.17, while it has fallen to a 52-week low of $4.42. The 50-Day Moving Average of the stock is -6.30%, while the 200-Day Moving Average is calculated to be -37.75%.
Shares Statistics:
ENGN traded an average of 164.41K shares per day over the past three months and 387610 shares per day over the past ten days. A total of 23.20M shares are outstanding, with a floating share count of 16.20M. Insiders hold about 63.36% of the company’s shares, while institutions hold 35.75% stake in the company. Shares short for ENGN as of 1726185600 were 216689 with a Short Ratio of 1.32, compared to 1723680000 on 119039. Therefore, it implies a Short% of Shares Outstanding of 216689 and a Short% of Float of 0.6799999999999999.
