A new trading day began on Monday, with TG Therapeutics Inc (NASDAQ: TGTX) stock price down -6.02% from the previous day of trading, before settling in for the closing price of $30.88. TGTX’s price has ranged from $12.90 to $36.84 over the past 52 weeks.
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Annual sales at Healthcare sector company grew by 3133.08% over the past five years. Meanwhile, its annual earnings per share averaged 61.90%. With a float of $140.09 million, this company’s outstanding shares have now reached $155.78 million.
Let’s look at the performance matrix of the company that is accounted for 264 employees. In terms of profitability, gross margin is 88.22%, operating margin of -0.19%, and the pretax margin is -5.24%.
TG Therapeutics Inc (TGTX) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Biotechnology Industry. The insider ownership of TG Therapeutics Inc is 10.00%, while institutional ownership is 62.89%. The most recent insider transaction that took place on Jan 03 ’25, was worth 343,443. In this transaction CFO of this company sold 11,337 shares at a rate of $30.29, taking the stock ownership to the 670,632 shares. Before that another transaction happened on Jan 06 ’25, when Company’s CFO sold 10,021 for $28.53, making the entire transaction worth $285,939. This insider now owns 660,611 shares in total.
TG Therapeutics Inc (TGTX) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.11 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 61.90% per share during the next fiscal year.
TG Therapeutics Inc (NASDAQ: TGTX) Trading Performance Indicators
Here are TG Therapeutics Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.91. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 17.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.11, a number that is poised to hit 0.16 in the next quarter and is forecasted to reach 0.97 in one year’s time.
Technical Analysis of TG Therapeutics Inc (TGTX)
TG Therapeutics Inc (NASDAQ: TGTX) saw its 5-day average volume 1.78 million, a negative change from its year-to-date volume of 2.19 million. As of the previous 9 days, the stock’s Stochastic %D was 19.27%. Additionally, its Average True Range was 1.46.
During the past 100 days, TG Therapeutics Inc’s (TGTX) raw stochastic average was set at 50.13%, which indicates a significant increase from 1.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.64% in the past 14 days, which was lower than the 62.62% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $31.14, while its 200-day Moving Average is $24.70. Nevertheless, the first resistance level for the watch stands at $30.55 in the near term. At $32.09, the stock is likely to face the second major resistance level. The third major resistance level sits at $32.89. If the price goes on to break the first support level at $28.22, it is likely to go to the next support level at $27.42. Assuming the price breaks the second support level, the third support level stands at $25.88.
TG Therapeutics Inc (NASDAQ: TGTX) Key Stats
With a market capitalization of 4.52 billion, the company has a total of 155,665K Shares Outstanding. Currently, annual sales are 233,660 K while annual income is 12,670 K. The company’s previous quarter sales were 83,880 K while its latest quarter income was 3,880 K.
