In the last trading session, 1,207,976 shares of the Humanigen, Inc.(NASDAQ:HGEN) were traded, and its beta was -1.35. Most recently the company’s share price was $23.83, and it changed around $2.17 or 0.1% from the last close, which brings the market valuation of the company to $1.31 Billion. HGEN currently trades at a discount to its 52-week high of $33.95, offering almost -42.47% off that amount. The share price’s 52-week low was $1.65, which indicates that the current value has risen by an impressive 93.08% since then. We note from Humanigen, Inc.’s average daily trading volume that its 10-day average is 773.34 Million shares, with the 3-month average coming to 917.67 Million.
Humanigen, Inc. stock received a consensus recommendation rating of Buy, based on a mean score of 1.7. If we narrow it down even further, the data shows that none out of 6 analysts rate the stock as a Sell; another but none rate it as Overweight. Among the rest, no body recommended HGEN as a Hold, whereas 6 deemed it a Buy, and no one rated it as Underweight. Humanigen, Inc. is expected to report earnings per share of -$0.67 for the current quarter.
Humanigen, Inc. (NASDAQ:HGEN): Trading Information
Instantly HGEN has showed a green trend with a performance of 10.02% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of $24.37 on Friday, Feb 19 increased the stock’s daily price by 2.22%. The company’s shares are currently up 0.36% year-to-date, but still up 0.1468 over the last five days. On the other hand, Humanigen, Inc. (NASDAQ:HGEN) is 0.15% up in the 30-day period. We can see from the shorts that 2.34 Million shares have been sold at a short interest cover period of 0 day(s).
The consensus price target as assigned by Wall Street analysts is $29.33, which translates to bears needing to increase their stock price by 23.08% from its current value. Analyst projections state that HGEN is forecast to be at a low of $25 and a high of $35. In order for the stock price to hit the forecast high, the stock would need to surge +46.87% from its current level, while the stock would need to crash 4.91% from its current level to reach the projected low.
Humanigen, Inc. (HGEN) projections and forecasts
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 60.2%. Humanigen, Inc. earnings are expected to increase by 27.3% in 2021, but the outlook is positive 12.5% per year for the next five years.
Humanigen, Inc. (NASDAQ:HGEN)’s Biggest Investors
Upon looking at major shareholders, it appears that insiders hold 40.28% of Humanigen, Inc. shares, and 30.56% of them are in the hands of institutional investors. The stock currently has a share float of 51.17%. Humanigen, Inc. stock is held by 31 institutions, with Valiant Capital Management, L.P. being the largest institutional investor. By Sep 29, 2020, it held 3.35% of the shares, which is about 7.07 Million shares worth $75.27 Million.
VR Adviser, LLC, with 1.11% or 2.33 Million shares worth $24.82 Million as of Sep 29, 2020, holds the second largest percentage of outstanding shares.
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