The trading price of Agenus Inc (NASDAQ:AGEN) closed higher on Tuesday, April 23, closing at $6.46, 11.96% higher than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $42.60 and a 52-week low of $4.78. Over the past month, the stock has lost -40.85% in value.
Agenus Inc, whose market valuation is $135.34 million at the time of this writing, is expected to release its quarterly earnings report May 07, 2024 – May 13, 2024. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by -2.83 per share this quarter, however they have predicted annual earnings per share of -6.1 for current year and -12.91 for next year.
Analysts have forecast the company to bring in revenue of 39.27M for the current quarter, with the likely lows of 34M and highs of 46.3M. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 157.35M.
On the technical side, indicators suggest AGEN has a 100% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Sell, while an average of long term indicators suggests that the stock is currently 100% Sell.
A quick review shows that AGEN’s price is currently -26.86% off the SMA20 and -44.27% off the SMA50. The RSI metric on the 14-day chart is currently showing 33.96, and weekly volatility stands at 24.09%. When measured over the past 30 days, the indicator reaches 15.25%. Agenus Inc (NASDAQ:AGEN)’s beta value is currently sitting at 1.39, while the Average True Range indicator is currently displaying 1.25.
To see how Agenus Inc stock has been performing in comparison to its peers in the industry, here are the numbers: AGEN stock’s performance was 11.96% in the latest trading, and -81.51% in the past year.
An evaluation of the daily trading volume of Agenus Inc (NASDAQ:AGEN) indicates that the 3-month average is 657.52K.
Currently, records show that 20.95 million of the company’s shares remain outstanding. The insiders hold 4.93% of outstanding shares, whereas institutions hold 54.98%. However, since the stock’s price has seen -60.99% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
