Precigen Inc (NASDAQ:PGEN) traded at $0.68 at close of the session on Friday, December 13 and made a downward move of -5.15% on its previous day’s price.
Looking at the stock we see that its previous close was $0.71 and the beta (5Y monthly) reads 1.682 with the day’s price range being $0.67 – $0.7359. In terms of its 52-week price range, PGEN has a high of $1.93 and a low of $0.71. The company’s stock has lost about -26.25% over that past 30 days.
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Precigen Inc has a market cap of $187.58 million and is expected to release its quarterly earnings report in January.
The median projection represents growth squeezing down to 5.86% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 4M, or -35.67% down from figures reported last year.
On the other hand, looking at the outlook for the PGEN stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 100% Sell.
Based on estimates by 2 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 0 have rated the Precigen Inc (PGEN) stock as a Hold, while 2 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is -18.30% off its SMA20 and -21.74% from its 50-day simple moving average. The RSI (14) is pointing at 31.82 while the volatility over the past week is 6.53% and jumps to 7.86% over the past one month. The beta value is 1.72, while the average true range (ATR) is currently pointing at 0.06. The average price target for the stock over the next 12 months is $6, with the estimates having a low of $6 and a high of $6. These price ends are -782.35% and -782.35% off the current price level respectively, although investors could be excited at the prospect of a -782.35% if the PGEN share price touches on the median price of $6.
Coming back to Precigen Inc (NASDAQ:PGEN), we note that the average 3-month trading volume was 798.99K, while that of the preceding 10-day period stands at 1.0 million. Current shares outstanding are 292.87 million.
The insiders hold 49.60% of the company’s shares while institutions hold 26.03%. The data shows that short shares as of 2024-10-31, stood at 15.32 million at a short ratio of 24.02. This represents a 799.00 short interest in shares outstanding on 2024-10-31. Shares short fall in October from the previous month at 15.7 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -49.60% down in year-to-date price movement.