Tango Therapeutics Inc (NASDAQ:TNGX) currently has a daily average trading volume of 1.40M but it saw 2802797 shares traded in last market. With a market cap of 204.87M USD, the company’s current market price of $1.89 came falling about -8.70 while comparing to the previous closing price of $2.07. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.02 and as low as $1.03.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Jefferies which initiated the stock as “Buy” in its note to investors issued on July 17, 2024, recommending a price target of $19 for it. Piper Sandler also issued its recommendations for the stock as it initiated the price target for the stock is $18.
Over the week, TNGX’s stock price is moving 47.08% up while it is 26.85% when we observe its performance for the past one month. Year-to-date it is -38.83% down and over the past year, the stock is showing a downside performance of -74.87%.
Currently, Tango Therapeutics Inc’s total number of outstanding shares is 108.11M with 8.08% of that held by the insiders while 99.78% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -65.84% and return on equity (ROE) at -61.35%. Stock’s beta reads 1.12. Stock has a price to book (P/B) ratio of 1.23 while price to sale or P/S ratio amounts to 5.00. Its return on asset (ROA) is -38.87% on average.
