In the past week, AGEN stock has gone up by 6.50%, with a monthly gain of 3.97% and a quarterly plunge of -27.62%. The volatility ratio for the week is 6.36%, and the volatility levels for the last 30 days are 8.30% for Agenus Inc. The simple moving average for the last 20 days is -2.42% for AGEN stock, with a simple moving average of -28.42% for the last 200 days.
Is It Worth Investing in Agenus Inc. (NASDAQ: AGEN) Right Now?
compared to its average ratio and a 36-month beta value of 1.41. Analysts have mixed views on the stock, with 5 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The average price point forecasted by analysts for Agenus Inc. (AGEN) is $7.66, which is $6.19 above the current market price. The public float for AGEN is 353.58M, and currently, short sellers hold a 8.30% ratio of that float. The average trading volume of AGEN on September 18, 2023 was 4.67M shares.
AGEN) stock’s latest price update
The stock of Agenus Inc. (NASDAQ: AGEN) has increased by 0.77 when compared to last closing price of 1.30. Despite this, the company has experienced a 6.50% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2023-08-08 that While the top- and bottom-line numbers for Agenus (AGEN) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Analysts’ Opinion of AGEN
Many brokerage firms have already submitted their reports for AGEN stocks, with Robert W. Baird repeating the rating for AGEN by listing it as a “Outperform.” The predicted price for AGEN in the upcoming period, according to Robert W. Baird is $8 based on the research report published on June 06, 2023 of the current year 2023.
AGEN Trading at -10.31% from the 50-Day Moving Average
After a stumble in the market that brought AGEN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -60.39% of loss for the given period.
Volatility was left at 8.30%, however, over the last 30 days, the volatility rate increased by 6.36%, as shares sank -0.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.56% lower at present.
During the last 5 trading sessions, AGEN rose by +6.50%, which changed the moving average for the period of 200-days by -51.12% in comparison to the 20-day moving average, which settled at $1.3420. In addition, Agenus Inc. saw -44.38% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AGEN starting from AGENUS INC, who purchase 29,678 shares at the price of $1.52 back on Aug 29. After this action, AGENUS INC now owns 21,734,887 shares of Agenus Inc., valued at $45,016 using the latest closing price.
AGENUS INC, the 10% Owner of Agenus Inc., purchase 12,808 shares at $1.45 during a trade that took place back on Aug 28, which means that AGENUS INC is holding 21,705,209 shares at $18,570 based on the most recent closing price.
Stock Fundamentals for AGEN
Equity return is now at value 450.40, with -64.10 for asset returns.
Conclusion
To put it simply, Agenus Inc. (AGEN) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
