Agenus Inc (NASDAQ:AGEN) traded at $12.76 at close of the session on Monday, April 29, made an upward move of 9.15% on its previous day’s price.
Looking at the stock we see that its previous close was $11.69. In terms of its 52-week price range, AGEN has a high of $42.60 and a low of $4.78. The company’s stock has gained about 10.00% over that past 30 days.
Agenus Inc has a market cap of $267.32 million. Estimates by analysts give the company expected earnings per share (EPS) of -$2.83, with the EPS growth for the year raised at -$6.1 for 2024 and -$12.91 for next year. These figures represent 55.80% and -111.60% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $39.27 million, with a low of $34 million and a high of $46.3 million. The median projection represents growth squeezing down to 71.50% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $157.35 million, or 0.70% up from figures reported last year.
On the other hand, looking at the outlook for the AGEN stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 50% Sell. Long term indicators on average place the stock in the category of 50% Sell.
Looking further, we note the current price level is 53.84% off its SMA20 and 16.32% from its 50-day simple moving average. The RSI (14) is pointing at 66.49 while the volatility over the past week is 27.55% and jumps to 19.14% over the past one month. The beta value is 1.27, while the average true range (ATR) is currently pointing at 1.54.
Coming back to Agenus Inc (NASDAQ:AGEN), we note that the average 3-month trading volume was 721.97K. Current shares outstanding are 20.95 million.
The insiders hold 4.95% of the company’s shares while institutions hold 54.20%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -22.94% down in year-to-date price movement.
