Argen X SE ADR [ARGX] stock prices are up 0.10% to $649.26 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ARGX shares have gain 5.57% over the last week, with a monthly amount glided 4.20%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Argen X SE ADR [NASDAQ: ARGX] stock has seen the most recent analyst activity on November 12, 2024, when Wolfe Research upgraded its rating to a Outperform but kept the price target unchanged to $697 for it. Previously, Scotiabank upgraded its rating to Sector Outperform on November 05, 2024, and kept the price target unchanged to $715. On November 01, 2024, upgrade upgraded it’s rating to Outperform. Robert W. Baird downgraded its rating to a Neutral and increased its price target to $650 on November 01, 2024. Deutsche Bank downgraded its rating to Hold for this stock on October 04, 2024. In a note dated August 06, 2024, Barclays upgraded an Overweight rating on this stock.
The stock price of Argen X SE ADR [ARGX] has been fluctuating between $349.86 and $659.95 over the past year. Currently, Wall Street analysts expect the stock to reach $569.57 within the next 12 months. Argen X SE ADR [NASDAQ: ARGX] shares were valued at $649.26 at the most recent close of the market. An investor can expect a potential drop of -12.27% based on the average ARGX price forecast.
Analyzing the ARGX fundamentals
Gross Profit Margin for this corporation currently stands at 0.87% with Operating Profit Margin at -0.17%, Pretax Profit Margin comes in at -0.03%, 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 -0.03 and Total Capital is -0.09.
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 643.40 points at the first support level, and at 637.54 for the second support level. However, for the 1st resistance point, the stock is sitting at 659.30, and for the 2nd resistance point, it is at 669.34.
Ratios To Look Out For
It’s worth pointing out that Argen X SE ADR [NASDAQ:ARGX]’s Current Ratio is 8.53. In addition, the Quick Ratio stands at 7.88 and the Cash Ratio stands at 2.88. Considering the valuation of this stock, the price to sales ratio is 24.27, the price to book ratio is 9.11.
