Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of TG Therapeutics Inc (NASDAQ: TGTX) closed at $40.79 in the last session, down -4.70% from day before closing price of $42.80. In other words, the price has decreased by -$4.70 from its previous closing price. On the day, 2.32 million shares were traded. TGTX stock price reached its highest trading level at $42.92 during the session, while it also had its lowest trading level at $40.31.
Ratios:
We take a closer look at TGTX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 5.03 and its Current Ratio is at 6.25. In the meantime, Its Debt-to-Equity ratio is 1.14 whereas as Long-Term Debt/Eq ratio is at 1.14.
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, TD Cowen on October 29, 2024, initiated with a Buy rating and assigned the stock a target price of $50.
On August 02, 2023, Goldman Upgraded its rating to Neutral which previously was Sell and also lowered its target price recommendation from $16 to $12.
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 Jan 03 ’25 when Power Sean A sold 11,337 shares for $30.29 per share. The transaction valued at 343,443 led to the insider holds 670,632 shares of the business.
Power Sean A sold 10,021 shares of TGTX for $285,939 on Jan 06 ’25. The CFO now owns 660,611 shares after completing the transaction at $28.53 per share. On Jan 06 ’25, another insider, Power Sean A, who serves as the Officer of the company, bought 10,021 shares for $28.53 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TGTX now has a Market Capitalization of 6722641408 and an Enterprise Value of 5867188736. As of this moment, TG’s Price-to-Earnings (P/E) ratio for their current fiscal year is 292.19, and their Forward P/E ratio for the next fiscal year is 21.10. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 19.47 while its Price-to-Book (P/B) ratio in mrq is 28.59. Its current Enterprise Value per Revenue stands at 17.833 whereas that against EBITDA is 139.705.
Stock Price History:
The Beta on a monthly basis for TGTX is 2.20, which has changed by 1.7488761 over the last 52 weeks, in comparison to a change of 0.10063088 over the same period for the S&P500. Over the past 52 weeks, TGTX has reached a high of $43.32, while it has fallen to a 52-week low of $12.93. The 50-Day Moving Average of the stock is 20.19%, while the 200-Day Moving Average is calculated to be 51.33%.
Shares Statistics:
According to the various share statistics, TGTX traded on average about 2.62M shares per day over the past 3-months and 2919100 shares per day over the past 10 days. A total of 155.84M shares are outstanding, with a floating share count of 141.43M. Insiders hold about 9.96% of the company’s shares, while institutions hold 62.27% stake in the company. Shares short for TGTX as of 1741910400 were 26233481 with a Short Ratio of 10.02, compared to 1739491200 on 25744460. Therefore, it implies a Short% of Shares Outstanding of 26233481 and a Short% of Float of 18.43.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
