It’s Worth A Gamble To Have A Position In FibroGen Inc (NASDAQ: FGEN) At $0.32.

FibroGen Inc (NASDAQ:FGEN)’s traded shares stood at 0.42 million during the latest session, with the company’s beta value hitting 0.70.The FGEN share’s 52-week high remains $2.93, putting it -815.62% down since that peak but still an impressive 6.25% since price per share fell to its 52-week low of $0.30. The company has a valuation of $32.13M, with an average of 1.23 million shares in intraday trading volume over the past 10 days and average of 1.63 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for FibroGen Inc (FGEN), translating to a mean rating of 4.00. Of 2 analyst(s) looking at the stock, 0 analyst(s) give FGEN a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.3.

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FibroGen Inc (NASDAQ:FGEN) trade information

The 5-day price performance for the stock is -18.26%, and -18.28% over 30 days. With these gigs, the year-to-date price performance is -63.89%. Short interest in FibroGen Inc (NASDAQ:FGEN) saw shorts transact 4.54 million shares and set a 5.01 days time to cover.

The extremes give us $28 and $28 for target low and target high price respectively. As such, FGEN has been trading -8650.0% off suggested target high and -8650.0% from its likely low.

FibroGen Inc (FGEN) estimates and forecasts

Looking at statistics comparing FibroGen Inc share performance against respective industry, we note that the company has outperformed competitors. FibroGen Inc (FGEN) shares are -69.23% down over the last 6 months, with its year-to-date growth rate higher than industry average at 65.92% against 17.50%. Revenue is forecast to grow 53.80% this quarter before jumping 61.40% for the next one. The rating firms project that company’s revenue will grow 18.10% compared to the previous financial year.

Revenue forecast for the current quarter as set by 2 analysts is 34.76M. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 33.21M.Earnings reports from the last fiscal year show that sales brought in 40.13M and 27.14M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -13.40% before jumping 22.40% in the following quarter.

FGEN Dividends

FibroGen Inc has its next earnings report out on 2024-Nov-04. 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.

FibroGen Inc (NASDAQ:FGEN)’s Major holders

FibroGen Inc insiders hold 0.85% of total outstanding shares, with institutional holders owning 57.33% of the shares at 57.81% float percentage. In total, 57.33% institutions holds shares in the company, led by PRIMECAP MANAGEMENT CO/CA/. As of 2024-06-30, the company held over 13.66 million shares (or 13.7964% of shares), all amounting to roughly $12.19 million.

The next major institution holding the largest number of shares is ARMISTICE CAPITAL, LLC with 8.94 million shares, or about 9.0279% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $7.97 million.