Aeglea BioTherapeutics Inc. (NASDAQ:AGLE) shares, rose in value on Friday, 08/05/22, with the stock price up by 1.23% to the previous day’s close as strong demand from buyers drove the stock to $0.42.
Actively observing the price movement in the last trading, the stock closed the session at $0.42, falling within a range of $0.415 and $0.43. The value of beta (5-year monthly) was 1.94. Referring to stock’s 52-week performance, its high was $8.50, and the low was $0.37. On the whole, AGLE has fluctuated by -18.07% over the past month.
With the market capitalization of Aeglea BioTherapeutics Inc. currently standing at about $25.32 million, investors are eagerly awaiting this quarter’s results, scheduled for Mar 16, 2022 – Mar 21, 2022. As a result, investors might want to see an improvement in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be -$0.31, which is expected to increase to -$0.24 for fiscal year -$1.28 and then to about -$1 by fiscal year 2023. Data indicates that the EPS growth is expected to be 3.80% in 2023, while the next year’s EPS growth is forecast to be 21.90%.
Wall Street analysts also predicted that in 2023, the company’s y-o-y revenues would reach $2.93 million, representing a decrease of -84.40% from the revenues reported in the last year’s results.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that AGLE’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium term indicators have put the stock in the category of 100% Sell while long term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of AGLE currently trading nearly -5.36% and -36.13% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 32.74, while the 7-day volatility ratio is showing 6.18% which for the 30-day chart, stands at 6.69%. Furthermore, Aeglea BioTherapeutics Inc. (AGLE)’s beta value is 1.85, and its average true range (ATR) is 0.03.
A comparison of Aeglea BioTherapeutics Inc. (AGLE) with its peers suggests the former has fared considerably weaker in the market. AGLE showed an intraday change of 1.23% in last session, and over the past year, it shrunk by -93.83%%. On the other hand, the price of Omeros Corporation (OMER) has risen 19.20% on the day. The stock, however, is off -55.12% from where it was a year ago. Other than that, the overall performance of the S&P 500 during the last trading session shows that it lost -0.16%. Meanwhile, the Dow Jones Industrial Improved by 0.23%.
Data on historical trading for Aeglea BioTherapeutics Inc. (NASDAQ:AGLE) indicates that the trading volumes over the past 10 days have averaged 0.25 million and over the past 3 months, they’ve averaged 678.38K. According to company’s latest data on outstanding shares, there are 66.00 million shares outstanding.
Nearly 1.20% of Aeglea BioTherapeutics Inc.’s shares belong to company insiders and institutional investors own 74.20% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.02 million shares as on Jul 14, 2022, resulting in a short ratio of 1.82. According to the data, the short interest in Aeglea BioTherapeutics Inc. (AGLE) stood at 1.66% of shares outstanding as of Jul 14, 2022; the number of short shares registered in Jun 14, 2022 reached 2.61 million. The stock has fallen by -91.15% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AGLE stock heading into the next quarter.