Agenus Inc. (NASDAQ:AGEN) finished Wednesday with a subtraction of -$0.03 to close at $2.26, a downside of -1.31 percent. An average of 3,854,220 shares of common stock have been traded in the last five days. There was a fall of -$0.18 in the past week, and it reached a new high 2 times over the past 12 months. The last 20 days have seen an average of 3,805,500 shares traded, while the 50-day average volume stands at 4,193,948.
AGEN stock has decreased by -18.12% in the last month. The company shares reached their 1-month lowest point of $2.25 on 09/21/22. With the stock rallying to its 52-week high on 01/04/22, shares of the company touched a low of $1.25 and a high of $6.20 in 52 weeks. It has reached a new high 2 times so far this year and lost -29.81% or -$0.96 in price. In spite of this, the price is down -63.52% from the 52-week high.
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259 days have passed since Agenus Inc. (AGEN) last reported insider trading activity. O’Day Steven J, who is Chief Medical Officer, most recently acquired $38,679 shares at $3.06 per share on Jan 06.
Agenus Inc. (AGEN) has a trailing price-to-earnings (P/E) ratio of 20.00. The stock’s beta is 1.15. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.06, the price-to-book (PB) ratio at 226.00.
The quick ratio of Agenus Inc. for the three months ended June 29 was 1.80, and the current ratio was 1.80, indicating that the company is 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 4.03 for the quarter ending June 29. Its gross profit as reported stood at $292.19 million compared to revenue of $295.67 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, Agenus Inc.’s return on assets was 4.00%.
For the three-month period that ended June 29, Agenus Inc. had $9.95 million in cash. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$46.49 million in the quarter, while revenues of -$48.38 million were shrunk -79.26%. The analyst consensus anticipated Agenus Inc.’s latest quarter earnings to come in at -$0.23 per share, but it turned out to be -$0.17, a 26.10% surprise. For the quarter, EBITDA amounted to -$42.88 million. Shareholders own equity worth $283.16 million.
From a technical analysis perspective, let’s take a brief look at Agenus Inc. (AGEN) price momentum. RSI 9-day as of the close on 21 September was 31.02%, suggesting the stock is Neutral, with historical volatility in this time frame at 56.88%.
As of today, AGEN’s price is $2.34 -7.38% or -$0.18 from its 5-day moving average. AGEN is currently trading -21.53% lower than its 20-day SMA and +15.31% higher than its 100-day SMA. However, the stock’s current price level is -16.91% below the SMA50 and -22.60% below the SMA200.
The stochastic %K and %D were 6.67% and 9.05%, respectively, and the average true range (ATR) was 0.15. With the 14-day stochastic at 1.82% and the average true range at 0.17, the RSI (14) stands at 36.82%. The stock has reached -0.16 on the 9-day MACD Oscillator while the 14-day reading was at -0.21.
H.C. Wainwright launched coverage on Agenus Inc. (NASDAQ: AGEN) in its analyst report released on December 16, 2021. The firm assigned the stock a Buy rating. The consensus rating for Agenus Inc. (AGEN) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell AGEN, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 3 others rate it as a “buy”.
What is AGEN’s price target for the next 12 months?
Analysts predict a range of price targets between $6.00 and $8.00, with a median target of $7.00. Taking a look at these predictions, the average price target given by analysts for Agenus Inc. (AGEN) stock is $7.00.