Agenus Inc (AGEN) is expecting -36.94% growth in the next quarter: What can investors do to maximize their returns?

Agenus Inc (NASDAQ: AGEN) on Monday, soared 6.29% from the previous trading day, before settling in for the closing price of $3.34. Within the past 52 weeks, AGEN’s price has moved between $2.50 and $19.69.

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During the last 5-year period, the sales growth of Healthcare Sector giant was 98.93%. The company achieved an average annual earnings per share of 10.53%. With a float of $22.28 million, this company’s outstanding shares have now reached $23.46 million.

Let’s determine the extent of company efficiency that accounts for 389 employees. In terms of profitability, gross margin is 68.67%, operating margin of -61.67%, and the pretax margin is -145.41%.

Agenus Inc (AGEN) Insider Activity

Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Agenus Inc is 5.01%, while institutional ownership is 33.63%. The most recent insider transaction that took place on Feb 15 ’24, was worth 324,050. In this transaction an insider of this company bought 500,000 shares at a rate of $0.65, taking the stock ownership to the 625,969 shares.

Agenus Inc (AGEN) Earnings and Forecasts

As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported -2.6 earnings per share (EPS) for the period falling under the consensus outlook (set at -1.05) by -1.55. Wall Street market experts anticipate that the next fiscal year will bring earnings of -2.52 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 10.53% per share during the next fiscal year.

Agenus Inc (NASDAQ: AGEN) Trading Performance Indicators

Agenus Inc (AGEN) is currently performing well based on its current performance indicators. A quick ratio of 0.19 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.61.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -11.00, a number that is poised to hit -2.64 in the next quarter and is forecasted to reach -9.43 in one year’s time.

Technical Analysis of Agenus Inc (AGEN)

Looking closely at Agenus Inc (NASDAQ: AGEN), its last 5-days average volume was 0.73 million, which is a jump from its year-to-date volume of 0.65 million. As of the previous 9 days, the stock’s Stochastic %D was 56.32%. Additionally, its Average True Range was 0.33.

During the past 100 days, Agenus Inc’s (AGEN) raw stochastic average was set at 6.47%, which indicates a significant decrease from 54.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 134.13% in the past 14 days, which was lower than the 166.92% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $4.36, while its 200-day Moving Average is $9.18. However, in the short run, Agenus Inc’s stock first resistance to watch stands at $3.82. Second resistance stands at $4.09. The third major resistance level sits at $4.29. If the price goes on to break the first support level at $3.35, it is likely to go to the next support level at $3.15. Should the price break the second support level, the third support level stands at $2.88.

Agenus Inc (NASDAQ: AGEN) Key Stats

Market capitalization of the company is 97.25 million based on 23,459K outstanding shares. Right now, sales total 156,310 K and income totals -245,760 K. The company made 25,110 K in profit during its latest quarter, and -66,390 K in sales during its previous quarter.