The stock of Precigen Inc (PGEN) has gone down by -8.73% for the week, with a -0.43% drop in the past month and a -28.57% drop in the past quarter. The volatility ratio for the week is 18.62%, and the volatility levels for the past 30 days are 10.59% for PGEN. The simple moving average for the last 20 days is 3.98% for PGEN stock, with a simple moving average of -9.70% for the last 200 days.
Is It Worth Investing in Precigen Inc (NASDAQ: PGEN) Right Now?
Additionally, the 36-month beta value for PGEN is 1.80. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The average price predicted by analysts for PGEN is $9.50, which is $8.35 above the current price. The public float for PGEN is 128.23M and currently, short sellers hold a 12.38% ratio of that float. The average trading volume of PGEN on November 17, 2023 was 1.50M shares.
PGEN) stock’s latest price update
The stock of Precigen Inc (NASDAQ: PGEN) has increased by 8.49 when compared to last closing price of 1.06. Despite this, the company has experienced a -8.73% fall in its stock price over the last five trading sessions. Zacks Investment Research reported 2023-09-05 that Precigen, Inc. (PGEN) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, PGEN’s 50-day simple moving average broke out above its 200-day moving average; this is known as a “golden cross.
PGEN Trading at -8.57% from the 50-Day Moving Average
After a stumble in the market that brought PGEN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -49.74% of loss for the given period.
Volatility was left at 10.59%, however, over the last 30 days, the volatility rate increased by 18.62%, as shares surge +7.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -28.57% lower at present.
During the last 5 trading sessions, PGEN fell by -8.73%, which changed the moving average for the period of 200-days by -31.95% in comparison to the 20-day moving average, which settled at $1.1100. In addition, Precigen Inc saw -24.34% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at PGEN starting from MITCHELL DEAN J, who purchase 25,000 shares at the price of $1.41 back on Sep 22. After this action, MITCHELL DEAN J now owns 356,836 shares of Precigen Inc, valued at $35,250 using the latest closing price.
Sabzevari Helen, the President and CEO of Precigen Inc, sale 76,969 shares at $1.53 during a trade that took place back on Aug 25, which means that Sabzevari Helen is holding 1,560,004 shares at $117,763 based on the most recent closing price.
Stock Fundamentals for PGEN
Current profitability levels for the company are sitting at:
- -277.25 for the present operating margin
- +58.61 for the gross margin
The net margin for Precigen Inc stands at -296.47. The total capital return value is set at -31.14, while invested capital returns managed to touch -36.86. Equity return is now at value -58.59, with -37.79 for asset returns.
Based on Precigen Inc (PGEN), the company’s capital structure generated 40.73 points at debt to equity in total, while total debt to capital is 28.94. Total debt to assets is 22.84, with long-term debt to equity ratio resting at 5.54. Finally, the long-term debt to capital ratio is 3.94.
When we switch over and look at the enterprise to sales, we see a ratio of 31.95, with the company’s debt to enterprise value settled at 0.20. The receivables turnover for the company is 1.53 and the total asset turnover is 0.09. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.50.
In conclusion, Precigen Inc (PGEN) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it 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.