Putting The Spotlight On Agenus Inc (AGEN)

Agenus Inc (NASDAQ:AGEN) currently has a daily average trading volume of 10.64M but it saw 6128417 shares traded in last market. With a market cap of 232.33M USD, the company’s current market price of $0.55 came falling about -1.42 while comparing to the previous closing price of $0.56. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.13 and as low as $0.49.

Taking a look at 20-day trading activity of Agenus Inc (AGEN) gives us an average price of $0.6578, while its current price level is -73.96% below from 52-week high level whereas it is 14.35% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.6647 while that of 200 days or SMA-200 reads an average of $1.0649. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.69% during that period while stretching the period over a month that decreases to 10.29%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 38.16 which implies that the stock is in neutral territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Robert W. Baird which initiated the stock as “Outperform” in its note to investors issued on June 06, 2023, recommending a price target of $8 for it. H.C. Wainwright issued its recommendations for the stock as it resumed the price target for the stock is $8.

Over the week, AGEN’s stock price is moving -15.79% down while it is -17.03% when we observe its performance for the past one month. Year-to-date it is -33.01% down and over the past year, the stock is showing a downside performance of -65.54%.

The latest quarterly earnings report issued by the company was for quarter ended 12/30/2023, when its quarterly earnings per share (EPS) of -$0.13 beaten by the consensus estimate of -$0.05 for the same. For AGEN, analysts are forecasting an EPS-growth rate of 40.60% for current year and estimate for EPS growth in next year is -68.30%. In next quarter, company is expected to be making quarterly sales of $66.56 million as analysts are expecting the sales for current fiscal year at $191.52 million and seeing the company making $199.22 million in sales next year. Moreover, analysts are in estimates of $41.46 million for current-quarter revenue.

Currently, Agenus Inc’s total number of outstanding shares is 418.92M with 1.18% of that held by the insiders while 59.06% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -556.21%. Stock’s beta reads 1.27. Stock has a price to sale or P/S ratio amounts to 1.49. Its return on asset (ROA) is -67.57% on average.