Regenxbio Inc (RGNX) Stock: A Look at the Analyst Recommendations

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RGNX has 36-month beta value of 1.22. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for RGNX is 44.51M, and currently, short sellers hold a 11.21% ratio of that float. The average trading volume of RGNX on November 07, 2024 was 473.56K shares.

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RGNX) stock’s latest price update

The stock of Regenxbio Inc (NASDAQ: RGNX) has increased by 17.33 when compared to last closing price of 9.43. Despite this, the company has experienced a 28.80% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-06 that REGENXBIO Inc. (RGNX) Q3 2024 Earnings Call Transcript

RGNX’s Market Performance

Regenxbio Inc (RGNX) has seen a 28.80% rise in stock performance for the week, with a 19.74% gain in the past month and a -5.27% plunge in the past quarter. The volatility ratio for the week is 4.61%, and the volatility levels for the past 30 days are at 5.64% for RGNX. The simple moving average for the past 20 days is 13.88% for RGNX’s stock, with a -23.03% simple moving average for the past 200 days.

Analysts’ Opinion of RGNX

Many brokerage firms have already submitted their reports for RGNX stocks, with Raymond James repeating the rating for RGNX by listing it as a “Outperform.” The predicted price for RGNX in the upcoming period, according to Raymond James is $18 based on the research report published on October 10, 2024 of the current year 2024.

Goldman, on the other hand, stated in their research note that they expect to see RGNX reach a price target of $38. The rating they have provided for RGNX stocks is “Buy” according to the report published on June 07th, 2024.

H.C. Wainwright gave a rating of “Buy” to RGNX, setting the target price at $36 in the report published on March 11th of the current year.

RGNX Trading at 4.41% from the 50-Day Moving Average

After a stumble in the market that brought RGNX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -61.58% of loss for the given period.

Volatility was left at 5.64%, however, over the last 30 days, the volatility rate increased by 4.61%, as shares surge +23.04% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.81% lower at present.

During the last 5 trading sessions, RGNX rose by +33.06%, which changed the moving average for the period of 200-days by -18.30% in comparison to the 20-day moving average, which settled at $9.73. In addition, Regenxbio Inc saw -38.36% 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 RGNX starting from KARABELAS ARGERIS N, who sale 10,000 shares at the price of $10.11 back on Oct 01 ’24. After this action, KARABELAS ARGERIS N now owns 11,286 shares of Regenxbio Inc, valued at $101,052 using the latest closing price.

KARABELAS ARGERIS N, the Director of Regenxbio Inc, sale 10,000 shares at $11.56 during a trade that took place back on Sep 03 ’24, which means that KARABELAS ARGERIS N is holding 11,286 shares at $115,588 based on the most recent closing price.

Stock Fundamentals for RGNX

Current profitability levels for the company are sitting at:

  • -2.89 for the present operating margin
  • 0.39 for the gross margin

The net margin for Regenxbio Inc stands at -2.83. The total capital return value is set at -0.59. Equity return is now at value -63.94, with -38.52 for asset returns.

Based on Regenxbio Inc (RGNX), the company’s capital structure generated 0.22 points at debt to capital in total, while cash flow to debt ratio is standing at -2.17. The debt to equity ratio resting at 0.28. The interest coverage ratio of the stock is -82.22.

Currently, EBITDA for the company is -250.81 million with net debt to EBITDA at -0.12. When we switch over and look at the enterprise to sales, we see a ratio of 6.54. The receivables turnover for the company is 3.57for trailing twelve months and the total asset turnover is 0.16. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.53.

Conclusion

To put it simply, Regenxbio Inc (RGNX) 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.

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