Tango Therapeutics Inc (NASDAQ: TNGX) flaunted slowness of -5.45% at $7.28, before settling in for the price of $7.70 at the close. Taking a more long-term approach, TNGX posted a 52-week range of $2.47-$13.03.
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It was noted that the giant of the Healthcare sector posted annual sales growth of 132.62% over the last 5 years. Nevertheless, stock’s Earnings Per Share (EPS) this year is -19.44%. This publicly-traded company’s shares outstanding now amounts to $102.20 million, simultaneously with a float of $54.88 million. The organization now has a market capitalization sitting at $776.92 million. At the time of writing, stock’s 50-day Moving Average stood at $8.80, while the 200-day Moving Average is $8.62.
Tango Therapeutics Inc (TNGX) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Tango Therapeutics Inc industry. Tango Therapeutics Inc’s current insider ownership accounts for 48.58%, in contrast to 52.44% institutional ownership. According to the most recent insider trade that took place on Feb 20 ’24, this organization’s 10% Owner sold 162,500 shares at the rate of 12.00, making the entire transaction reach 1,950,000 in total value, affecting insider ownership by 19,201,475. Preceding that transaction, on Feb 07 ’24, Company’s Chief Executive Officer sold 4,457 for 12.62, making the whole transaction’s value amount to 56,246. This particular insider is now the holder of 1,535,167 in total.
Tango Therapeutics Inc (TNGX) Earnings and Revenue Records
Tango Therapeutics Inc’s EPS decrease for this current 12-month fiscal period is -19.44% and is forecasted to reach -1.44 in the upcoming year.
Tango Therapeutics Inc (NASDAQ: TNGX) Trading Performance Indicators
Let’s observe the current performance indicators for Tango Therapeutics Inc (TNGX). It’s Quick Ratio in the last reported quarter now stands at 7.54. The Stock has managed to achieve an average true range (ATR) of 0.45. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 21.27.
In the same vein, TNGX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.10, a figure that is expected to reach -0.31 in the next quarter, and analysts are predicting that it will be -1.44 at the market close of one year from today.
Technical Analysis of Tango Therapeutics Inc (TNGX)
Now, what If we examine the latest scores posted by [Tango Therapeutics Inc, TNGX]. During the last 5-days, its volume was lower the volume of 0.64 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 65.90% While, its Average True Range was 0.43.
Raw Stochastic average of Tango Therapeutics Inc (TNGX) in the period of the previous 100 days is set at 5.76%, which indicates a major fall in contrast to 32.11% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 52.41% that was lower than 58.73% volatility it exhibited in the past 100-days period.
