In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
As of close of business last night, enGene Holdings Inc’s stock clocked out at $15.49, down -0.13% from its previous closing price of $15.51. In other words, the price has decreased by -$0.13 from its previous closing price. On the day, 0.74 million shares were traded. ENGN stock price reached its highest trading level at $15.7416 during the session, while it also had its lowest trading level at $14.8206.
Ratios:
To gain a deeper understanding of ENGN’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 12.97 and its Current Ratio is at 12.97. In the meantime, Its Debt-to-Equity ratio is 0.39 whereas as Long-Term Debt/Eq ratio is at 0.39.
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, Wells Fargo on April 22, 2024, initiated with a Overweight rating and assigned the stock a target price of $30.
On April 15, 2024, Guggenheim started tracking the stock assigning a Buy rating and target price of $34.
On March 28, 2024, UBS started tracking the stock assigning a Buy rating and target price of $37.UBS initiated its Buy rating on March 28, 2024, with a $37 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 100 shares of ENGN for $1,500 on Apr 19 ’24. The 10% Owner now owns 3,084,007 shares after completing the transaction at $15.00 per share. On Apr 18 ’24, another insider, FONDS DE SOLIDARITE DES TRAVAI, who serves as the 10% Owner of the company, sold 4,575 shares for $15.01 each. As a result, the insider received 68,671 and left with 3,084,107 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 686665472 and an Enterprise Value of 613952832.
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 $6.69. The 50-Day Moving Average of the stock is -4.22%, while the 200-Day Moving Average is calculated to be 32.01%.
Shares Statistics:
It appears that ENGN traded 63.54K shares on average per day over the past three months and 89100 shares per day over the past ten days. A total of 23.20M shares are outstanding, with a floating share count of 8.29M. Insiders hold about 64.25% of the company’s shares, while institutions hold 21.36% stake in the company. Shares short for ENGN as of 1713139200 were 72740 with a Short Ratio of 1.14, compared to 1710460800 on 8160. Therefore, it implies a Short% of Shares Outstanding of 72740 and a Short% of Float of 0.22999999999999998.
