At the time of writing, Precigen Inc [PGEN] stock is trading at $0.97, up 2.09%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The PGEN shares have gain 4.58% over the last week, with a monthly amount drifted -8.88%, and not seem to be holding up well over a long-time horizon.
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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 $1.93. Currently, Wall Street analysts expect the stock to reach $6 within the next 12 months. Precigen Inc [NASDAQ: PGEN] shares were valued at $0.97 at the most recent close of the market. An investor can expect a potential return of 518.56% based on the average PGEN price forecast.
Analyzing the PGEN fundamentals
According to Precigen Inc [NASDAQ:PGEN], the company’s sales were 4.39M for trailing twelve months, which represents an -59.42% plunge. Gross Profit Margin for this corporation currently stands at 0.58% with Operating Profit Margin at -4.14%, Pretax Profit Margin comes in at -6.35%, and Net Profit Margin reading is -1.43%. To continue investigating profitability, this company’s Return on Assets is posted at -0.39, Equity is -0.28 and Total Capital is -1.63. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.15.
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 0.9383 points at the first support level, and at 0.9106 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.9868, and for the 2nd resistance point, it is at 1.0076.
Ratios To Look Out For
It is important to note that Precigen Inc [NASDAQ:PGEN] has a current ratio of 1.03. Further, the Quick Ratio stands at 1.03, while the Cash Ratio is 0.41. Considering the valuation of this stock, the price to sales ratio is 63.30, the price to book ratio is 5.65.
Transactions by insiders
Recent insider trading involved Perez Jeffrey Thomas, SVP, IP Affairs, that happened on Aug 09 ’24 when 58823.0 shares were purchased. Director, KIRK RANDAL J completed a deal on Aug 09 ’24 to buy 23.53 million shares. Meanwhile, Director KIRK RANDAL J bought 96686.0 shares on Dec 28 ’23.
