Are You Looking To Buy Agile Therapeutics Inc. (AGRX)? First, Read This


Agile Therapeutics Inc. (NASDAQ:AGRX) traded with a subtraction of -$0.03 to $0.31 on Thursday, a downside of -9.06 percent. An average of 1,069,576 shares of common stock have been traded in the last five days. There was a fall of -$0.0849 in the past week, and it reached a new high 1 time over the past 12 months. The last 20 days have seen an average of 1,650,419 shares traded, while the 50-day average volume stands at 3,895,162.

AGRX stock has decreased by -25.69% in the last month. The company shares reached their 1-month lowest point of $0.3060 on 09/22/22. With the stock rallying to its 52-week high on 01/03/22, shares of the company touched a low of $0.34 and a high of $42.40 in 52 weeks. It has reached a new high 1 time so far this year and lost -98.25% or -$19.2089 in price. In spite of this, the price is down -99.27% from the 52-week high.

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Valuation Metrics

Agile Therapeutics Inc. (AGRX) stock’s beta is 1.21. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 11.05, the price-to-book (PB) ratio at 0.45.

Financial Health

The quick ratio of Agile Therapeutics Inc. for the three months ended June 29 was 0.60, and the current ratio was 0.60, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.00 and a total debt to equity ratio of 3.71 for the quarter ending June 29. Its gross profit as reported stood at -$6.62 million compared to revenue of $4.1 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Agile Therapeutics Inc.’s return on assets was -185.70%.

Earnings Surprise

In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$12.22 million in the quarter, while revenues of -$11.77 million were shrunk -44.35%. The analyst consensus anticipated Agile Therapeutics Inc.’s latest quarter earnings to come in at -$3.7 per share, but it turned out to be -$2.71, a 26.80% surprise. For the quarter, EBITDA amounted to -$10.8 million. Shareholders own equity worth $39.02 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Agile Therapeutics Inc. (AGRX) price momentum. RSI 9-day as of the close on 21 September was 19.88%, suggesting the stock is oversold, with historical volatility in this time frame at 64.51%.

As of today, AGRX’s price is $0.3516 -21.22% or -$0.0849 from its 5-day moving average. AGRX is currently trading -32.66% lower than its 20-day SMA and -86.24% lower than its 100-day SMA. However, the stock’s current price level is -50.90% below the SMA50 and -98.75% below the SMA200.

The stochastic %K and %D were 7.58% and 8.29%, respectively, and the average true range (ATR) was 0.0328. With the 14-day stochastic at 7.47% and the average true range at 0.0396, the RSI (14) stands at 27.21%. The stock has reached -0.0325 on the 9-day MACD Oscillator while the 14-day reading was at -0.0384.

Analyst Ratings

The consensus rating for Agile Therapeutics Inc. (AGRX) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell AGRX, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 2 others rate it as a “buy”.

What is AGRX’s price target for the next 12 months?

Analysts predict a range of price targets between $1.00 and $5.00, with a median target of $3.00. Taking a look at these predictions, the average price target given by analysts for Agile Therapeutics Inc. (AGRX) stock is $3.00.


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