Macrogenics Inc (NASDAQ: MGNX) kicked off on Tuesday, down -6.78% from the previous trading day, before settling in for the closing price of $3.69. Over the past 52 weeks, MGNX has traded in a range of $2.95-$21.88.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 15.77%. While this was happening, its average annual earnings per share was recorded -697.81%. With a float of $57.88 million, this company’s outstanding shares have now reached $62.76 million.
The extent of productivity of a business whose workforce counts for 339 workers is very important to gauge. In terms of profitability, gross margin is 91.14%, operating margin of -75.78%, and the pretax margin is -69.07%.
Macrogenics Inc (MGNX) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of Macrogenics Inc is 7.78%, while institutional ownership is 84.43%. The most recent insider transaction that took place on Apr 04 ’24, was worth 799,148. In this transaction Senior VP and General Counsel of this company sold 51,395 shares at a rate of $15.55, taking the stock ownership to the 0 shares. Before that another transaction happened on Mar 06 ’24, when Company’s Senior VP and General Counsel sold 19,625 for $21.50, making the entire transaction worth $421,938. This insider now owns 8,895 shares in total.
Macrogenics Inc (MGNX) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -0.75 earnings per share (EPS), lower than consensus estimate (set at -0.17) by -0.58. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.79 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -697.81% per share during the next fiscal year.
Macrogenics Inc (NASDAQ: MGNX) Trading Performance Indicators
Take a look at Macrogenics Inc’s (MGNX) current performance indicators. Last quarter, stock had a quick ratio of 3.69. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.53.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.57, a number that is poised to hit -0.37 in the next quarter and is forecasted to reach -2.20 in one year’s time.
Technical Analysis of Macrogenics Inc (MGNX)
The latest stats from [Macrogenics Inc, MGNX] show that its last 5-days average volume of 0.5 million was inferior to 1.42 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 70.81%. Additionally, its Average True Range was 0.27.
During the past 100 days, Macrogenics Inc’s (MGNX) raw stochastic average was set at 17.34%, which indicates a significant decrease from 28.81% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 67.20% in the past 14 days, which was lower than the 87.93% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.67, while its 200-day Moving Average is $7.53. Now, the first resistance to watch is $3.60. This is followed by the second major resistance level at $3.77. The third major resistance level sits at $3.85. 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 $3.27. Assuming the price breaks the second support level, the third support level stands at $3.10.
Macrogenics Inc (NASDAQ: MGNX) Key Stats
The company with the Market Capitalisation of 215.91 million has total of 62,763K Shares Outstanding. Its annual sales at the moment are 58,750 K in contrast with the sum of -9,060 K annual income. Company’s last quarter sales were recorded 110,710 K and last quarter income was 56,310 K.
