Agenus Inc (NASDAQ:AGEN)’s traded shares stood at 5.5 million during the last session, with the company’s beta value hitting 1.25. At the close of trading, the stock’s price was $0.58, to imply an increase of 4.24% or $0.02 in intraday trading. The AGEN share’s 52-week high remains $2.13, putting it -267.24% down since that peak but still an impressive 15.52% since price per share fell to its 52-week low of $0.49. The company has a valuation of $242.97M, with an average of 7.05 million shares in intraday trading volume over the past 10 days and average of 10.34 million shares over the past 3 months.
Agenus Inc (NASDAQ:AGEN) trade information
After registering a 4.24% upside in the last session, Agenus Inc (AGEN) has traded red over the past five days. The stock hit a weekly high of 0.5800, jumping 4.24% in its intraday price action. The 5-day price performance for the stock is 3.17%, and -22.79% over 30 days. With these gigs, the year-to-date price performance is -29.94%. Short interest in Agenus Inc (NASDAQ:AGEN) saw shorts transact 45.75 million shares and set a 3.62 days time to cover.
Agenus Inc (AGEN) estimates and forecasts
Looking at statistics comparing Agenus Inc share performance against respective industry, we note that the company has outperformed competitors. Agenus Inc (AGEN) shares are -50.43% down over the last 6 months, with its year-to-date growth rate higher than industry average at 40.58% against 13.00%. Revenue is forecast to grow 31.80% this quarter before jumping 60.00% for the next one. The rating firms project that company’s revenue will grow 22.50% compared to the previous financial year.
Revenue forecast for the current quarter as set by 4 analysts is $41.46 million. Meanwhile, for the quarter ending Jun 2024, a total of 4 analyst(s) estimate revenue growth to $66.56 million.Earnings reports from the last fiscal year show that sales brought in $22.9 million and $24.12 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 81.00% before jumping 176.00% in the following quarter.
AGEN Dividends
Agenus Inc has its next earnings report out between May 07 and May 13. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Agenus Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
Agenus Inc (NASDAQ:AGEN)’s Major holders
Agenus Inc insiders hold 1.19% of total outstanding shares, with institutional holders owning 59.05% of the shares at 59.76% float percentage. In total, 59.05% institutions holds shares in the company, led by Deep Track Capital, Lp. As of Jun 29, 2023, the company held over 30.0 million shares (or 7.90% of shares), all amounting to roughly $48.0 million.
The next major institution holding the largest number of shares is Blackrock Inc. with 27.18 million shares, or about 7.16% of shares outstanding. As of the market price on Jun 29, 2023, these shares were worth $43.49 million.
We also have SPDR (R) Ser Tr-SPDR (R) S&P (R) Biotech ETF and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Agenus Inc (AGEN) shares. Going by data provided on Aug 30, 2023, SPDR (R) Ser Tr-SPDR (R) S&P (R) Biotech ETF holds roughly 12.12 million shares. This is just over 3.19% of the total shares, with a market valuation of $16.72 million. Data from the same date shows that the other fund manager holds a little less at 9.35 million, or 2.46% of the shares, all valued at about 14.95 million.
