Regenxbio Inc (RGNX) recent activity suggests a positive outlook with the last week’s performance of 9.84%

Regenxbio Inc (NASDAQ: RGNX) kicked off on Tuesday, up 1.65% from the previous trading day, before settling in for the closing price of $12.74. Over the past 52 weeks, RGNX has traded in a range of $10.49-$28.80.

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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 72.63%. While this was happening, its average annual earnings per share was recorded 24.86%. With a float of $44.56 million, this company’s outstanding shares have now reached $49.42 million.

The extent of productivity of a business whose workforce counts for 344 workers is very important to gauge. In terms of profitability, gross margin is 42.66%, operating margin of -277.01%, and the pretax margin is -270.91%.

Regenxbio Inc (RGNX) Insider and Institutional Ownership

Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of Regenxbio Inc is 9.83%, while institutional ownership is 89.90%. The most recent insider transaction that took place on Sep 03 ’24, was worth 115,588. In this transaction Director of this company sold 10,000 shares at a rate of $11.56, taking the stock ownership to the 11,286 shares. Before that another transaction happened on Aug 01 ’24, when Company’s Director sold 10,100 for $13.51, making the entire transaction worth $136,454. This insider now owns 11,286 shares in total.

Regenxbio Inc (RGNX) Latest Financial update

In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -1.41 earnings per share (EPS), higher than consensus estimate (set at -1.52) by 0.11. Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.14 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 24.86% per share during the next fiscal year.

Regenxbio Inc (NASDAQ: RGNX) Trading Performance Indicators

Take a look at Regenxbio Inc’s (RGNX) current performance indicators. Last quarter, stock had a quick ratio of 3.53. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.19.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -5.27, a number that is poised to hit -1.12 in the next quarter and is forecasted to reach -1.08 in one year’s time.

Technical Analysis of Regenxbio Inc (RGNX)

The latest stats from [Regenxbio Inc, RGNX] show that its last 5-days average volume of 0.45 million was inferior to 0.6 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 86.29%. Additionally, its Average True Range was 0.73.

During the past 100 days, Regenxbio Inc’s (RGNX) raw stochastic average was set at 34.99%, which indicates a significant decrease from 77.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 56.02% in the past 14 days, which was lower than the 57.39% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $12.47, while its 200-day Moving Average is $15.75. Now, the first resistance to watch is $13.43. This is followed by the second major resistance level at $13.92. The third major resistance level sits at $14.35. If the price goes on to break the first support level at $12.51, it is likely to go to the next support level at $12.08. The third support level lies at $11.60 if the price breaches the second support level.

Regenxbio Inc (NASDAQ: RGNX) Key Stats

The company with the Market Capitalisation of 639.99 million has total of 49,256K Shares Outstanding. Its annual sales at the moment are 90,240 K in contrast with the sum of -263,490 K annual income. Company’s last quarter sales were recorded 22,300 K and last quarter income was -52,990 K.