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The closing price of enGene Holdings Inc (NASDAQ: ENGN) was $3.40 for the day, up 12.58% from the previous closing price of $3.02. In other words, the price has increased by $12.58 from its previous closing price. On the day, 0.52 million shares were traded.
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 17.16 and its Current Ratio is at 17.16. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.09.
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, Piper Sandler on February 18, 2025, initiated with a Overweight rating and assigned the stock a target price of $26.
On February 14, 2025, UBS Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $34 to $7.
On December 23, 2024, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $25.H.C. Wainwright initiated its Buy rating on December 23, 2024, with a $25 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 Oct 30 ’24 when Forbion Growth Opportunities F bought 561,797 shares for $8.90 per share. The transaction valued at 4,999,993 led to the insider holds 3,032,430 shares of the business.
Forbion Growth Opportunities F bought 341,332 shares of ENGN for $2,163,362 on Sep 30 ’24. The 10% Owner now owns 2,400,791 shares after completing the transaction at $6.34 per share. On Sep 27 ’24, another insider, Forbion Growth Opportunities F, who serves as the 10% Owner of the company, bought 41,639 shares for $5.97 each. As a result, the insider paid 248,699 and bolstered with 2,059,459 shares of the company.
Stock Price History:
Over the past 52 weeks, ENGN has reached a high of $14.24, while it has fallen to a 52-week low of $2.65. The 50-Day Moving Average of the stock is -20.70%, while the 200-Day Moving Average is calculated to be -47.29%.
Shares Statistics:
A total of 50.98M shares are outstanding, with a floating share count of 22.31M. Insiders hold about 56.33% of the company’s shares, while institutions hold 41.81% stake in the company.
