The stock of Tango Therapeutics Inc (TNGX) has gone down by -13.15% for the week, with a -34.09% drop in the past month and a -46.06% drop in the past quarter. The volatility ratio for the week is 7.73%, and the volatility levels for the past 30 days are 7.79% for TNGX. The simple moving average for the past 20 days is -21.27% for TNGX’s stock, with a -67.92% simple moving average for the past 200 days.
Is It Worth Investing in Tango Therapeutics Inc (NASDAQ: TNGX) Right Now?
Moreover, the 36-month beta value for TNGX is 0.89. Analysts have varying opinions on the stock, with 6 analysts rating it as a “buy,” 3 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for TNGX is 58.75M and currently, short sellers hold a 10.11% of that float. On February 28, 2025, TNGX’s average trading volume was 943.32K shares.
TNGX) stock’s latest price update
The stock of Tango Therapeutics Inc (NASDAQ: TNGX) has decreased by -5.98 when compared to last closing price of 2.18.Despite this, the company has seen a loss of -13.15% in its stock price over the last five trading days. zacks.com reported 2025-02-27 that Tango Therapeutics, Inc. (TNGX) came out with a quarterly loss of $0.35 per share versus the Zacks Consensus Estimate of a loss of $0.32. This compares to loss of $0.32 per share a year ago.
Analysts’ Opinion of TNGX
Many brokerage firms have already submitted their reports for TNGX stocks, with Jefferies repeating the rating for TNGX by listing it as a “Buy.” The predicted price for TNGX in the upcoming period, according to Jefferies is $19 based on the research report published on July 17, 2024 of the previous year 2024.
Piper Sandler gave a rating of “Overweight” to TNGX, setting the target price at $18 in the report published on February 12th of the previous year.
TNGX Trading at -28.29% from the 50-Day Moving Average
After a stumble in the market that brought TNGX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -82.94% of loss for the given period.
Volatility was left at 7.79%, however, over the last 30 days, the volatility rate increased by 7.73%, as shares sank -35.53% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -34.48% lower at present.
During the last 5 trading sessions, TNGX fell by -15.04%, which changed the moving average for the period of 200-days by -71.78% in comparison to the 20-day moving average, which settled at $2.60. In addition, Tango Therapeutics Inc saw -33.67% 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 TNGX starting from Barry Douglas, who sale 2,774 shares at the price of $2.99 back on Feb 04 ’25. After this action, Barry Douglas now owns 68,570 shares of Tango Therapeutics Inc, valued at $8,289 using the latest closing price.
Barry Douglas, the General Counsel of Tango Therapeutics Inc, sale 2,556 shares at $3.16 during a trade that took place back on Feb 05 ’25, which means that Barry Douglas is holding 66,014 shares at $8,081 based on the most recent closing price.
Stock Fundamentals for TNGX
Current profitability levels for the company are sitting at:
- -3.22 for the present operating margin
- 0.96 for the gross margin
The net margin for Tango Therapeutics Inc stands at -2.84. The total capital return value is set at -0.44. Equity return is now at value -48.80, with -31.62 for asset returns.
Based on Tango Therapeutics Inc (TNGX), the company’s capital structure generated 0.14 points at debt to capital in total, while cash flow to debt ratio is standing at -3.25. The debt to equity ratio resting at 0.16. The interest coverage ratio of the stock is -240.44.
Currently, EBITDA for the company is -145.59 million with net debt to EBITDA at 0.11. When we switch over and look at the enterprise to sales, we see a ratio of 4.73. The liquidity ratio also appears to be rather interesting for investors as it stands at 8.00.
Conclusion
To wrap up, the performance of Tango Therapeutics Inc (TNGX) has been bad in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. 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.
