In the past week, RGNX stock has gone down by -12.96%, with a monthly decline of -20.61% and a quarterly plunge of -35.07%. The volatility ratio for the week is 9.05%, and the volatility levels for the last 30 days are 8.37% for Regenxbio Inc The simple moving average for the past 20 days is -17.14% for RGNX’s stock, with a -43.03% simple moving average for the past 200 days.
Is It Worth Investing in Regenxbio Inc (NASDAQ: RGNX) Right Now?
The stock has a 36-month beta value of 1.28. Opinions on the stock are mixed, with 6 analysts rating it as a “buy,” 6 as “overweight,” 1 as “hold,” and 0 as “sell.”
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The public float for RGNX is 44.85M, and at present, short sellers hold a 11.73% of that float. On December 19, 2024, the average trading volume of RGNX was 851.75K shares.
RGNX) stock’s latest price update
The stock price of Regenxbio Inc (NASDAQ: RGNX) has dropped by -2.32 compared to previous close of 7.77. Despite this, the company has seen a fall of -12.96% in its stock price over the last five trading days. prnewswire.com reported 2024-12-06 that NEW YORK, Dec. 6, 2024 /PRNewswire/ — S&P Dow Jones Indices (“S&P DJI”) will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, December 23, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range.
Analysts’ Opinion of RGNX
Many brokerage firms have already submitted their reports for RGNX stocks, with Morgan Stanley repeating the rating for RGNX by listing it as a “Overweight.” The predicted price for RGNX in the upcoming period, according to Morgan Stanley is $22 based on the research report published on November 15, 2024 of the current year 2024.
Raymond James, on the other hand, stated in their research note that they expect to see RGNX reach a price target of $18. The rating they have provided for RGNX stocks is “Outperform” according to the report published on October 10th, 2024.
Goldman gave a rating of “Buy” to RGNX, setting the target price at $38 in the report published on June 07th of the current year.
RGNX Trading at -21.09% 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 -73.65% of loss for the given period.
Volatility was left at 8.37%, however, over the last 30 days, the volatility rate increased by 9.05%, as shares sank -21.29% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -17.97% lower at present.
During the last 5 trading sessions, RGNX fell by -13.07%, which changed the moving average for the period of 200-days by -68.42% in comparison to the 20-day moving average, which settled at $9.16. In addition, Regenxbio Inc saw -57.72% 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 -71.87, with -41.43 for asset returns.
Currently, EBITDA for the company is -239.46 million with net debt to EBITDA at -0.13. When we switch over and look at the enterprise to sales, we see a ratio of 4.81. The receivables turnover for the company is 3.35for 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 3.05.
Conclusion
To sum up, Regenxbio Inc (RGNX) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing 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.
