There is no shortage of investors who are bullish on TG Therapeutics Inc (TGTX) stock

A share price of TG Therapeutics Inc [TGTX] is currently trading at $29.54, down -4.23%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TGTX shares have gain 2.53% over the last week, with a monthly amount glided 23.39%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

TG Therapeutics Inc [NASDAQ: TGTX] stock has seen the most recent analyst activity on October 29, 2024, when TD Cowen initiated its Buy rating and assigned the stock a price target of $50. Previously, Goldman upgraded its rating to Neutral on August 02, 2023, and dropped its price target to $12. BofA Securities started tracking the stock assigning a Underperform rating and suggested a price target of $5 on May 20, 2022. B. Riley Securities reiterated its recommendation of a Buy and reduced its price target to $35 on February 23, 2022. Goldman downgraded its rating to Sell for this stock on November 15, 2021, and downed its price target to $26. In a note dated April 20, 2021, Goldman initiated an Neutral rating and provided a target price of $50 on this stock.

TG Therapeutics Inc experienced fluctuations in its stock price throughout the past year between $10.82 and $36.50. Currently, Wall Street analysts expect the stock to reach $27.6 within the next 12 months. TG Therapeutics Inc [NASDAQ: TGTX] shares were valued at $29.54 at the most recent close of the market. An investor can expect a potential drop of -6.57% based on the average TGTX price forecast.

Analyzing the TGTX fundamentals

Trailing Twelve Months sales for TG Therapeutics Inc [NASDAQ:TGTX] were 264.79M which represents -49.41% decline. Gross Profit Margin for this corporation currently stands at 0.88% with Operating Profit Margin at -0.0%, Pretax Profit Margin comes in at -0.05%, and Net Profit Margin reading is -0.05%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.08 and Total Capital is -0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.28.

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 28.55 points at the first support level, and at 27.57 for the second support level. However, for the 1st resistance point, the stock is sitting at 30.88, and for the 2nd resistance point, it is at 32.23.

Ratios To Look Out For

To put it in perspective, the Current Ratio for TG Therapeutics Inc [NASDAQ:TGTX] is 4.59. Also, the Quick Ratio is 3.91, while the Cash Ratio stands at 1.57. Considering the valuation of this stock, the price to sales ratio is 16.63, the price to book ratio is 23.95.

Transactions by insiders

Recent insider trading involved Lonial Sagar, Director, that happened on Nov 11 ’24 when 5000.0 shares were sold. Director, Charney Laurence N completed a deal on Nov 11 ’24 to sell 25000.0 shares. Meanwhile, Director Charney Laurence N bought 25000.0 shares on Nov 11 ’24.

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