PepGen Inc (PEPG) Shares Plummet Below 1-Year High

The stock price of PepGen Inc (NASDAQ: PEPG) has dropped by -16.70 compared to previous close of 13.05. Despite this, the company has seen a fall of -17.21% in its stock price over the last five trading days. GlobeNewsWire reported 2024-03-13 that BOSTON, March 13, 2024 (GLOBE NEWSWIRE) — PepGen Inc. (Nasdaq: PEPG), a clinical-stage biotechnology company advancing the next generation of oligonucleotide therapies with the goal of transforming the treatment of severe neuromuscular and neurological diseases, today announced that management will participate in the following upcoming investor conferences:

Is It Worth Investing in PepGen Inc (NASDAQ: PEPG) Right Now?

Additionally, the 36-month beta value for PEPG is 1.58. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

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The public float for PEPG is 26.95M and currently, short sellers hold a 0.97% ratio of that float. The average trading volume of PEPG on April 04, 2024 was 133.50K shares.

PEPG’s Market Performance

The stock of PepGen Inc (PEPG) has seen a -17.21% decrease in the past week, with a -37.17% drop in the past month, and a 53.31% gain in the past quarter. The volatility ratio for the week is 11.86%, and the volatility levels for the past 30 days are at 11.10% for PEPG. The simple moving average for the past 20 days is -24.12% for PEPG’s stock, with a 35.26% simple moving average for the past 200 days.

Analysts’ Opinion of PEPG

Many brokerage firms have already submitted their reports for PEPG stocks, with H.C. Wainwright repeating the rating for PEPG by listing it as a “Buy.” The predicted price for PEPG in the upcoming period, according to H.C. Wainwright is $26 based on the research report published on December 21, 2022 of the previous year 2022.

PEPG Trading at -17.08% from the 50-Day Moving Average

After a stumble in the market that brought PEPG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -37.92% of loss for the given period.

Volatility was left at 11.10%, however, over the last 30 days, the volatility rate increased by 11.86%, as shares sank -34.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +58.22% upper at present.

During the last 5 trading sessions, PEPG fell by -17.21%, which changed the moving average for the period of 200-days by -15.80% in comparison to the 20-day moving average, which settled at $14.04. In addition, PepGen Inc saw 59.85% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at PEPG starting from RA CAPITAL MANAGEMENT, L.P., who purchase 2,557,593 shares at the price of $10.64 back on Feb 09 ’24. After this action, RA CAPITAL MANAGEMENT, L.P. now owns 9,179,273 shares of PepGen Inc, valued at $27,212,790 using the latest closing price.

McArthur James G, the President and CEO of PepGen Inc, purchase 1,694 shares at $4.17 during a trade that took place back on Nov 30 ’23, which means that McArthur James G is holding 1,694 shares at $7,056 based on the most recent closing price.

Stock Fundamentals for PEPG

Current profitability levels for the company are sitting at:

  • -51.06 for the present operating margin
  • 0.29 for the gross margin

The net margin for PepGen Inc stands at -46.22. The total capital return value is set at -0.68. Equity return is now at value -54.59, with -43.62 for asset returns.

Based on PepGen Inc (PEPG), the company’s capital structure generated 0.16 points at debt to capital in total, while cash flow to debt ratio is standing at -3.43.

Currently, EBITDA for the company is -83.58 million with net debt to EBITDA at 0.72. When we switch over and look at the enterprise to sales, we see a ratio of 175.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.43.

Conclusion

In conclusion, PepGen Inc (PEPG) has seen mixed performance in recent times. Analysts have a mixed 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.

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