Company’s 36-month beta value is 0.57.Analysts have differing opinions on the stock, with 13 analysts rating it as a “buy,” 7 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for ARGX is 59.90M, and currently, short sellers hold a 3.28% ratio of that floaft. The average trading volume of ARGX on January 20, 2025 was 277.89K shares.
ARGX) stock’s latest price update
Argen X SE ADR (NASDAQ: ARGX)’s stock price has gone decline by -2.92 in comparison to its previous close of 659.81, however, the company has experienced a -2.40% decrease in its stock price over the last five trading days. zacks.com reported 2025-01-17 that Argenx (ARGX) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
ARGX’s Market Performance
ARGX’s stock has fallen by -2.40% in the past week, with a monthly rise of 1.25% and a quarterly rise of 18.48%. The volatility ratio for the week is 2.69% while the volatility levels for the last 30 days are 2.40% for Argen X SE ADR The simple moving average for the past 20 days is 0.33% for ARGX’s stock, with a 27.72% simple moving average for the past 200 days.
Analysts’ Opinion of ARGX
Wolfe Research, on the other hand, stated in their research note that they expect to see ARGX reach a price target of $697. The rating they have provided for ARGX stocks is “Outperform” according to the report published on November 12th, 2024.
Scotiabank gave a rating of “Sector Outperform” to ARGX, setting the target price at $715 in the report published on November 05th of the previous year.
ARGX Trading at 3.72% from the 50-Day Moving Average
After a stumble in the market that brought ARGX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.56% of loss for the given period.
Volatility was left at 2.40%, however, over the last 30 days, the volatility rate increased by 2.69%, as shares surge +0.34% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.81% upper at present.
During the last 5 trading sessions, ARGX fell by -2.40%, which changed the moving average for the period of 200-days by +61.30% in comparison to the 20-day moving average, which settled at $638.41. In addition, Argen X SE ADR saw 4.15% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for ARGX
Current profitability levels for the company are sitting at:
- -0.17 for the present operating margin
- 0.87 for the gross margin
The net margin for Argen X SE ADR stands at -0.05. The total capital return value is set at -0.09. Equity return is now at value -5.75, with -5.12 for asset returns.
Based on Argen X SE ADR (ARGX), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at -4.29. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is -189.14.
Currently, EBITDA for the company is -216.02 million with net debt to EBITDA at 29.63. When we switch over and look at the enterprise to sales, we see a ratio of 16.5. The receivables turnover for the company is 3.45for trailing twelve months and the total asset turnover is 0.47. The liquidity ratio also appears to be rather interesting for investors as it stands at 8.53.
Conclusion
In a nutshell, Argen X SE ADR (ARGX) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
