Rigel Pharmaceuticals (NASDAQ: RIGL) Stock Has Dropped -23.36% Over The Month – Is There Room For Growth?

Rigel Pharmaceuticals (NASDAQ:RIGL)’s traded shares stood at 1.24 million during the last session, with the company’s beta value hitting 1.04. At the close of trading, the stock’s price was $1.05, to imply a decrease of -5.41% or -$0.06 in intraday trading. The RIGL share’s 52-week high remains $1.96, putting it -86.67% down since that peak but still an impressive 32.38% since price per share fell to its 52-week low of $0.71. The company has a valuation of $184.15M, with an average of 1.30 million shares over the past 3 months.

Rigel Pharmaceuticals (NASDAQ:RIGL) trade information

After registering a -5.41% downside in the last session, Rigel Pharmaceuticals (RIGL) has traded red over the past five days. The stock hit a weekly high of 1.2400, dropping -5.41% in its intraday price action. The 5-day price performance for the stock is -14.63%, and -23.36% over 30 days. With these gigs, the year-to-date price performance is -27.59%.

Rigel Pharmaceuticals (RIGL) estimates and forecasts

Looking at statistics comparing Rigel Pharmaceuticals share performance against respective industry, we note that the company has outperformed competitors. Rigel Pharmaceuticals (RIGL) shares are 9.88% up over the last 6 months, with its year-to-date growth rate higher than industry average at 64.29% against 9.60%.

RIGL Dividends

Rigel Pharmaceuticals has its next earnings report out between April 30 and May 06. 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. Rigel Pharmaceuticals 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%.