Agenus Inc (NASDAQ:AGEN) shares, rose in value on Friday, May 09, with the stock price down by -4.28% to the previous day’s close as strong demand from buyers drove the stock to $2.91.
Actively observing the price movement in the last trading, the stock closed the session at $3.04. Referring to stock’s 52-week performance, its high was $19.69, and the low was $1.38. On the whole, AGEN has fluctuated by 68.70% over the past month.
With the market capitalization of Agenus Inc currently standing at about $61.61 million, investors are eagerly awaiting this quarter’s results, scheduled for in June.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that AGEN’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of AGEN currently trading nearly 10.94% and 33.88% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 59.82, while the 7-day volatility ratio is showing 8.12% which for the 30-day chart, stands at 13.22%. Furthermore, Agenus Inc (AGEN)’s beta value is 1.38, and its average true range (ATR) is 0.28.
A comparison of Agenus Inc (AGEN) with its peers suggests the former has fared considerably weaker in the market. AGEN showed an intraday change of -4.28% in last session, and over the past year, it shrunk by -75.77%%.
Data on historical trading for Agenus Inc (NASDAQ:AGEN) indicates that the trading volumes over the past 3 months, they’ve averaged 553.91K. According to company’s latest data on outstanding shares, there are 23.63 million shares outstanding.
Nearly 2.67% of Agenus Inc’s shares belong to company insiders and institutional investors own 38.31% of the company’s shares. The stock has risen by 6.20% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AGEN stock heading into the next quarter.
