The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The price of Precigen Inc (NASDAQ: PGEN) closed at $0.79 in the last session, up 5.24% from day before closing price of $0.75. In other words, the price has increased by $5.24 from its previous closing price. On the day, 0.34 million shares were traded. PGEN stock price reached its highest trading level at $0.7882 during the session, while it also had its lowest trading level at $0.7483.
Ratios:
We take a closer look at PGEN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.63 and its Current Ratio is at 1.63. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.09.
On November 18, 2022, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $7.Cantor Fitzgerald initiated its Overweight rating on November 18, 2022, with a $7 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 09 ’24 when Perez Jeffrey Thomas bought 58,823 shares for $0.85 per share. The transaction valued at 50,000 led to the insider holds 743,097 shares of the business.
KIRK RANDAL J bought 23,529,411 shares of PGEN for $19,999,999 on Aug 09 ’24. The Director now owns 64,547,214 shares after completing the transaction at $0.85 per share. On Dec 28 ’23, another insider, KIRK RANDAL J, who serves as the Director of the company, bought 96,686 shares for $1.41 each. As a result, the insider paid 136,327 and bolstered with 1,096,686 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, PGEN now has a Market Capitalization of 229960736 and an Enterprise Value of 209969488. For the stock, the TTM Price-to-Sale (P/S) ratio is 57.69 while its Price-to-Book (P/B) ratio in mrq is 4.13. Its current Enterprise Value per Revenue stands at 47.84 whereas that against EBITDA is -2.37.
Stock Price History:
Over the past 52 weeks, PGEN has reached a high of $1.93, while it has fallen to a 52-week low of $0.65. The 50-Day Moving Average of the stock is -6.84%, while the 200-Day Moving Average is calculated to be -35.12%.
Shares Statistics:
According to the various share statistics, PGEN traded on average about 873.39K shares per day over the past 3-months and 1354430 shares per day over the past 10 days. A total of 292.87M shares are outstanding, with a floating share count of 147.60M. Insiders hold about 49.60% of the company’s shares, while institutions hold 26.03% stake in the company. Shares short for PGEN as of 1730332800 were 15321505 with a Short Ratio of 19.40, compared to 1727654400 on 15695513. Therefore, it implies a Short% of Shares Outstanding of 15321505 and a Short% of Float of 7.99.
