The $5.11 Is The Price At Which Macrogenics Inc (NASDAQ: MGNX) Deserves Consideration

During the last session, Macrogenics Inc (NASDAQ:MGNX)’s traded shares were 1.1 million, with the beta value of the company hitting 2.10. At the end of the trading day, the stock’s price was $5.11, reflecting an intraday loss of -5.11% or -$0.28. The 52-week high for the MGNX share is $21.88, that puts it down -328.18 from that peak though still a striking 38.55% gain since the share price plummeted to a 52-week low of $3.14. The company’s market capitalization is $320.04M, and the average trade volume was 2.42 million shares over the past three months.

Macrogenics Inc (MGNX) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.82. MGNX has a Sell rating from 0 analyst(s) out of 8 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 6 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight.

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Macrogenics Inc (NASDAQ:MGNX) trade information

Macrogenics Inc (MGNX) registered a -5.11% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -5.11% in intraday trading to $5.11, hitting a weekly high. The stock’s 5-day price performance is 19.67%, and it has moved by 14.32% in 30 days. Based on these gigs, the overall price performance for the year is 1.19%.

The extremes of the forecast give a target low and a target high price of $4 and $32 respectively. As a result, MGNX is trading at a discount of -526.22% off the target high and 21.72% off the low.

Macrogenics Inc (MGNX) estimates and forecasts

Statistics show that Macrogenics Inc has underperformed its competitors in share price, compared to the industry in which it operates. Macrogenics Inc (MGNX) shares have gone down -53.16% during the last six months, with a year-to-date growth rate less than the industry average at -46.15% against 12.50.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 48.88%. While earnings are projected to return -1873.92% in 2024.

MGNX Dividends

Macrogenics Inc is due to release its next quarterly earnings in August. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Macrogenics Inc (NASDAQ:MGNX)’s Major holders