Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
Tango Therapeutics Inc (NASDAQ: TNGX) closed the day trading at $4.47 up 7.45% from the previous closing price of $4.16. In other words, the price has increased by $7.45 from its previous closing price. On the day, 3.42 million shares were traded.
Ratios:
For a better understanding of TNGX, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.26 and its Current Ratio is at 6.26. In the meantime, Its Debt-to-Equity ratio is 0.22 whereas as Long-Term Debt/Eq ratio is at 0.20.
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, Jefferies on July 17, 2024, initiated with a Buy rating and assigned the stock a target price of $19.
On February 12, 2024, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $18.Piper Sandler initiated its Overweight rating on February 12, 2024, with a $18 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 04 ’25 when Barry Douglas sold 2,774 shares for $2.99 per share. The transaction valued at 8,289 led to the insider holds 68,570 shares of the business.
Barry Douglas sold 2,556 shares of TNGX for $8,081 on Feb 05 ’25. The General Counsel now owns 66,014 shares after completing the transaction at $3.16 per share. On Feb 04 ’25, another insider, Beckman Daniella, who serves as the Chief Financial Officer of the company, sold 4,284 shares for $2.99 each. As a result, the insider received 12,801 and left with 154,232 shares of the company.
Stock Price History:
Over the past 52 weeks, TNGX has reached a high of $12.02, while it has fallen to a 52-week low of $1.03. The 50-Day Moving Average of the stock is 148.58%, while the 200-Day Moving Average is calculated to be 12.54%.
Shares Statistics:
A total of 108.11M shares are outstanding, with a floating share count of 58.92M. Insiders hold about 45.64% of the company’s shares, while institutions hold 55.93% stake in the company.
