Macrogenics Inc (NASDAQ:MGNX) currently has a daily average trading volume of 2.42M but it saw 5376014 shares traded in last market. With a market cap of 235.49M USD, the company’s current market price of $3.76 came falling about -28.38 while comparing to the previous closing price of $5.25. In past 52 weeks, the stock remained buoying in the range of price level as high as $21.88 and as low as $3.14.
Taking a look at 20-day trading activity of Macrogenics Inc (MGNX) gives us an average price of $4.86, while its current price level is -82.82% below from 52-week high level whereas it is 19.75% 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 $4.59 while that of 200 days or SMA-200 reads an average of $10.17. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.18% during that period while stretching the period over a month that decreases to 7.29%. 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 32.72 which implies that the stock is in neutral territory.
B. Riley Securities downgraded its recommendation for the stock as a “Neutral” from “Buy” on July 31, 2024 while assigning a price target range of $18-$5.
Over the week, MGNX’s stock price is moving -28.38% down while it is -12.56% when we observe its performance for the past one month. Year-to-date it is -60.91% down and over the past year, the stock is showing a downside performance of -21.17%.
Currently, Macrogenics Inc’s total number of outstanding shares is 62.07M. Company’s return on investment (ROI) stands at -17.08% and return on equity (ROE) at -21.58%. Stock’s beta reads 2.05. Stock has a price to book (P/B) ratio of 2.22 while price to sale or P/S ratio amounts to 5.43. Its return on asset (ROA) is -7.85% on average.
