A share price of enGene Holdings Inc [ENGN] is currently trading at $8.10, up 4.38%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ENGN shares have gain 21.80% over the last week, with a monthly amount drifted -6.36%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
enGene Holdings Inc [NASDAQ: ENGN] stock has seen the most recent analyst activity on December 23, 2024, when H.C. Wainwright initiated its Buy rating and assigned the stock a price target of $25. Previously, Raymond James started tracking the stock with Outperform rating on November 27, 2024, and set its price target to $23. On November 18, 2024, JMP Securities initiated with a Mkt Outperform rating and assigned a price target of $18 on the stock. Oppenheimer started tracking the stock assigning a Outperform rating and suggested a price target of $30 on August 28, 2024. Wells Fargo initiated its recommendation with a Overweight and recommended $30 as its price target on April 22, 2024. Guggenheim started tracking with a Buy rating for this stock on April 15, 2024, and assigned it a price target of $34. In a note dated March 28, 2024, UBS initiated an Buy rating and provided a target price of $37 on this stock.
enGene Holdings Inc experienced fluctuations in its stock price throughout the past year between $4.42 and $18.40. Currently, Wall Street analysts expect the stock to reach $17.5 within the next 12 months. enGene Holdings Inc [NASDAQ: ENGN] shares were valued at $8.10 at the most recent close of the market. An investor can expect a potential return of 116.05% based on the average ENGN price forecast.
Analyzing the ENGN fundamentals
To continue investigating profitability, this company’s Return on Assets is posted at -0.18, Equity is -0.27 and Total Capital is -0.21. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.08.
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 7.50 points at the first support level, and at 6.90 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.57, and for the 2nd resistance point, it is at 9.04.
Ratios To Look Out For
To put it in perspective, the Current Ratio for enGene Holdings Inc [NASDAQ:ENGN] is 16.87. Also, the Quick Ratio is 16.87, while the Cash Ratio stands at 11.8.
Transactions by insiders
Recent insider trading involved Forbion Growth Opportunities F, 10% Owner, that happened on Oct 30 ’24 when 0.56 million shares were purchased. 10% Owner, Forbion Growth Opportunities F completed a deal on Sep 30 ’24 to buy 0.34 million shares. Meanwhile, 10% Owner Forbion Growth Opportunities F bought 41639.0 shares on Sep 27 ’24.
