Xenon Pharmaceuticals Inc [XENE] stock prices are up 1.65% to $43.15 at the moment. 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 XENE shares have gain 9.68% over the last week, with a monthly amount glided 3.28%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, H.C. Wainwright started tracking the stock with Buy rating on October 01, 2024, and set its price target to $53. On January 04, 2024, Citigroup initiated with a Buy rating and assigned a price target of $62 on the stock. Robert W. Baird started tracking the stock assigning a Outperform rating and suggested a price target of $63 on December 08, 2023. Cantor Fitzgerald started tracking with a Overweight rating for this stock on April 25, 2023, and assigned it a price target of $58. In a note dated December 14, 2022, Goldman initiated an Buy rating and provided a target price of $60 on this stock.
The stock price of Xenon Pharmaceuticals Inc [XENE] has been fluctuating between $29.00 and $50.99 over the past year. Currently, Wall Street analysts expect the stock to reach $51.5 within the next 12 months. Xenon Pharmaceuticals Inc [NASDAQ: XENE] shares were valued at $43.15 at the most recent close of the market. An investor can expect a potential return of 19.35% based on the average XENE price forecast.
Analyzing the XENE fundamentals
Gross Profit Margin for this corporation currently stands at 0.61% with Operating Profit Margin at -47.49%, Pretax Profit Margin comes in at -39.75%, and Net Profit Margin reading is -39.66%. To continue investigating profitability, this company’s Return on Assets is posted at -0.26, Equity is -0.25 and Total Capital is -0.32.
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 42.34 points at the first support level, and at 41.53 for the second support level. However, for the 1st resistance point, the stock is sitting at 43.68, and for the 2nd resistance point, it is at 44.22.
Ratios To Look Out For
It’s worth pointing out that Xenon Pharmaceuticals Inc [NASDAQ:XENE]’s Current Ratio is 22.21. Further, the Quick Ratio stands at 22.21, while the Cash Ratio is 2.95.
Transactions by insiders
Recent insider trading involved PATOU GARY, Director, that happened on Nov 22 ’24 when 4891.0 shares were sold. Director, GARY PATOU completed a deal on Nov 22 ’24 to buy 4891.0 shares. Meanwhile, Director GAROFALO ELIZABETH A. sold 2092.0 shares on Mar 08 ’24.
