What Recent Market Trends Mean for Xencor Inc’s (XNCR) Stock

The stock of Xencor Inc (XNCR) has seen a 1.38% increase in the past week, with a 9.20% gain in the past month, and a 44.79% flourish in the past quarter. The volatility ratio for the week is 3.43%, and the volatility levels for the past 30 days are at 3.50% for XNCR. The simple moving average for the last 20 days is 6.68% for XNCR stock, with a simple moving average of 13.28% for the last 200 days.

Is It Worth Investing in Xencor Inc (NASDAQ: XNCR) Right Now?

Additionally, the 36-month beta value for XNCR is 0.66. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 3 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”

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The public float for XNCR is 68.32M and currently, short sellers hold a 7.33% ratio of that float. The average trading volume of XNCR on November 15, 2024 was 503.99K shares.

XNCR) stock’s latest price update

Xencor Inc (NASDAQ: XNCR)’s stock price has plunge by -0.47relation to previous closing price of 23.61. Nevertheless, the company has seen a 1.38% surge in its stock price over the last five trading sessions. zacks.com reported 2024-11-14 that From a technical perspective, Xencor, Inc. (XNCR) is looking like an interesting pick, as it just reached a key level of support. XNCR’s 50-day simple moving average crossed above its 200-day simple moving average, which is known as a “golden cross” in the trading world.

Analysts’ Opinion of XNCR

Many brokerage firms have already submitted their reports for XNCR stocks, with BTIG Research repeating the rating for XNCR by listing it as a “Buy.” The predicted price for XNCR in the upcoming period, according to BTIG Research is $38 based on the research report published on April 16, 2024 of the current year 2024.

Piper Sandler, on the other hand, stated in their research note that they expect to see XNCR reach a price target of $24, previously predicting the price at $37. The rating they have provided for XNCR stocks is “Neutral” according to the report published on February 28th, 2024.

BofA Securities gave a rating of “Buy” to XNCR, setting the target price at $42 in the report published on May 19th of the previous year.

XNCR Trading at 11.98% from the 50-Day Moving Average

After a stumble in the market that brought XNCR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.44% of loss for the given period.

Volatility was left at 3.50%, however, over the last 30 days, the volatility rate increased by 3.43%, as shares surge +10.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +44.00% upper at present.

During the last 5 trading sessions, XNCR rose by +1.38%, which changed the moving average for the period of 200-days by +25.67% in comparison to the 20-day moving average, which settled at $22.03. In addition, Xencor Inc saw 10.69% 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 XNCR starting from Dahiyat Bassil I, who sale 3,366 shares at the price of $24.02 back on Nov 13 ’24. After this action, Dahiyat Bassil I now owns 352,615 shares of Xencor Inc, valued at $80,842 using the latest closing price.

Desjarlais John R, the SR. VICE PRESIDENT & CSO of Xencor Inc, sale 68,684 shares at $23.48 during a trade that took place back on Nov 11 ’24, which means that Desjarlais John R is holding 200,104 shares at $1,612,639 based on the most recent closing price.

Stock Fundamentals for XNCR

Current profitability levels for the company are sitting at:

  • -2.54 for the present operating margin
  • 0.89 for the gross margin

The net margin for Xencor Inc stands at -2.33. The total capital return value is set at -0.24. Equity return is now at value -28.47, with -22.50 for asset returns.

Based on Xencor Inc (XNCR), the company’s capital structure generated 0.09 points at debt to capital in total, while cash flow to debt ratio is standing at 0.5. The debt to equity ratio resting at 0.09. The interest coverage ratio of the stock is -241.17.

Currently, EBITDA for the company is -125.87 million with net debt to EBITDA at -0.19. When we switch over and look at the enterprise to sales, we see a ratio of 19.78. The receivables turnover for the company is 8.35for trailing twelve months and the total asset turnover is 0.09. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.23.

Conclusion

In conclusion, Xencor Inc (XNCR) has seen better 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 is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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