At the time of writing, Precigen Inc [PGEN] stock is trading at $1.88, up 14.29%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The PGEN shares have gain 21.29% over the last week, with a monthly amount glided 10.59%, 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:
Precigen Inc [NASDAQ: PGEN] stock has seen the most recent analyst activity on March 22, 2024, when JP Morgan downgraded its rating to a Underweight. On November 18, 2022, Cantor Fitzgerald initiated with a Overweight rating and assigned a price target of $7 on the stock. Stifel started tracking the stock assigning a Buy rating and suggested a price target of $13 on February 25, 2021. Wells Fargo initiated its recommendation with a Overweight and recommended $14 as its price target on February 22, 2021. B. Riley Securities started tracking with a Buy rating for this stock on February 18, 2021, and assigned it a price target of $10. In a note dated May 08, 2020, H.C. Wainwright initiated an Buy rating and provided a target price of $5 on this stock.
For the past year, the stock price of Precigen Inc fluctuated between $0.84 and $1.88. Currently, Wall Street analysts expect the stock to reach $6 within the next 12 months. Precigen Inc [NASDAQ: PGEN] shares were valued at $1.88 at the most recent close of the market. An investor can expect a potential return of 219.15% based on the average PGEN price forecast.
Analyzing the PGEN fundamentals
According to Precigen Inc [NASDAQ:PGEN], the company’s sales were 5.44M for trailing twelve months, which represents an -42.46% plunge. Gross Profit Margin for this corporation currently stands at 0.63% with Operating Profit Margin at -3.68%, Pretax Profit Margin comes in at -4.1%, and Net Profit Margin reading is 0.49%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.08 and Total Capital is -0.72. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.07.
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 1.7167 points at the first support level, and at 1.5533 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.9867, and for the 2nd resistance point, it is at 2.0933.
Ratios To Look Out For
It is important to note that Precigen Inc [NASDAQ:PGEN] has a current ratio of 1.72. As well, the Quick Ratio is 1.72, while the Cash Ratio is 0.61. Considering the valuation of this stock, the price to sales ratio is 87.23, the price to book ratio is 4.85.
Transactions by insiders
Recent insider trading involved KIRK RANDAL J, Director, that happened on Dec 28 ’23 when 96686.0 shares were purchased. Director, KINDLER JEFFREY B completed a deal on Dec 28 ’23 to sell 96686.0 shares. Meanwhile, Director MITCHELL DEAN J bought 25000.0 shares on Sep 22 ’23.
