Precigen Inc [PGEN] stock is trading at $1.41, up 2.92%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The PGEN shares have gain 3.68% over the last week, with a monthly amount drifted -6.00%, and not seem to be holding up well over a long-time horizon.
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.
Precigen Inc [PGEN] stock has fluctuated between $0.65 and $2.17 over the past year. Currently, Wall Street analysts expect the stock to reach $6 within the next 12 months. Precigen Inc [NASDAQ: PGEN] shares were valued at $1.41 at the most recent close of the market. An investor can expect a potential return of 325.53% based on the average PGEN price forecast.
Analyzing the PGEN fundamentals
Precigen Inc [NASDAQ:PGEN] reported sales of 4.20M for the trailing twelve months, which represents a growth of 25.92%. Gross Profit Margin for this corporation currently stands at -0.08% with Operating Profit Margin at -26.33%, Pretax Profit Margin comes in at -37.71%, and Net Profit Margin reading is -37.29%. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -0.39.
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 1.3700 points at the first support level, and at 1.3300 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.4600, and for the 2nd resistance point, it is at 1.5100.
Ratios To Look Out For
For context, Precigen Inc’s Current Ratio is 3.53. Also, the Quick Ratio is 3.53. Considering the valuation of this stock, the price to sales ratio is 99.10.
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.
