Agenus Inc (AGEN) Shares on the Rise: Short-term Analysis

Agenus Inc [AGEN] stock is trading at $17.70, up 13.46%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The AGEN shares have gain 13.61% over the last week, with a monthly amount glided 10.63%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Agenus Inc [NASDAQ: AGEN] stock has seen the most recent analyst activity on June 06, 2023, when Robert W. Baird initiated its Outperform rating and assigned the stock a price target of $8. Previously, Robert W. Baird started tracking the stock with Outperform rating on June 06, 2023, and set its price target to $80. SMBC Nikko started tracking the stock assigning a Outperform rating and suggested a price target of $5 on September 28, 2022. H.C. Wainwright initiated its recommendation with a Buy and recommended $12 as its price target on December 16, 2021. In a note dated April 22, 2019, B. Riley FBR initiated an Buy rating.

Agenus Inc [AGEN] stock has fluctuated between $4.78 and $36.80 over the past year. Currently, Wall Street analysts expect the stock to reach $40 within the next 12 months. Agenus Inc [NASDAQ: AGEN] shares were valued at $17.70 at the most recent close of the market. An investor can expect a potential return of 125.99% based on the average AGEN price forecast.

Analyzing the AGEN fundamentals

Agenus Inc [NASDAQ:AGEN] reported sales of 161.42M for the trailing twelve months, which represents a growth of 22.28%. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at -0.86%, Pretax Profit Margin comes in at -1.55%, and Net Profit Margin reading is -1.51%. To continue investigating profitability, this company’s Return on Assets is posted at -0.95, Equity is 1.67 and Total Capital is -248.2. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -1.42.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 15.85 points at the first support level, and at 14.01 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.14, and for the 2nd resistance point, it is at 20.59.

Ratios To Look Out For

For context, Agenus Inc’s Current Ratio is 0.24. Also, the Quick Ratio is 0.24, while the Cash Ratio stands at 0.21. Considering the valuation of this stock, the price to sales ratio is 2.30.

Transactions by insiders

Recent insider trading involved ARMEN GARO H, that happened on Feb 15 ’24 when 0.5 million shares were purchased. Director, WIINBERG ULF completed a deal on Nov 15 ’23 to buy 25000.0 shares. Meanwhile, 10% Owner AGENUS INC bought 429.0 shares on Oct 16 ’23.

Related Posts