During The Past Six Months, Agenus Inc (NASDAQ: AGEN) Shares Took An -78.39% Jump. Here Is What We Should Expect

During the last session, Agenus Inc (NASDAQ:AGEN)’s traded shares were 0.51 million, with the beta value of the company hitting 1.25. At the end of the trading day, the stock’s price was $3.27, reflecting an intraday gain of 5.83% or $0.18. The 52-week high for the AGEN share is $19.69, that puts it down -502.14 from that peak though still a striking 23.55% gain since the share price plummeted to a 52-week low of $2.50. The company’s market capitalization is $76.71M, and the average intraday trading volume over the past 10 days was 0.49 million shares, and the average trade volume was 493.07K shares over the past three months.

Agenus Inc (AGEN) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 2.60. AGEN has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 0 recommend a Buy rating for it.

Agenus Inc (NASDAQ:AGEN) trade information

Agenus Inc (AGEN) registered a 5.83% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 5.83% in intraday trading to $3.27, hitting a weekly high. The stock’s 5-day price performance is 16.37%, and it has moved by -6.57% in 30 days. Based on these gigs, the overall price performance for the year is -78.67%. The short interest in Agenus Inc (NASDAQ:AGEN) is 2.93 million shares and it means that shorts have 4.72 day(s) to cover.

The consensus price target of analysts on Wall Street is $7, which implies an increase of 53.29% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $7 and $8 respectively. As a result, AGEN is trading at a discount of -144.65% off the target high and -114.07% off the low.

Agenus Inc (AGEN) estimates and forecasts

Statistics show that Agenus Inc has underperformed its competitors in share price, compared to the industry in which it operates. Agenus Inc (AGEN) shares have gone down -78.39% during the last six months, with a year-to-date growth rate less than the industry average at 6.96% against 16.80.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 13.79%. While earnings are projected to return 11.83% in 2025.

AGEN Dividends

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

Agenus Inc (NASDAQ:AGEN)’s Major holders

Agenus Inc insiders own 1.32% of total outstanding shares while institutional holders control 37.10%, with the float percentage being 37.59%. VANGUARD GROUP INC is the largest shareholder of the company, while 134.0 institutions own stock in it. As of 2024-06-30, the company held over 2.15 million shares (or 10.2305% of all shares), a total value of $36.09 million in shares.

The next largest institutional holding, with 1.55 million shares, is of BLACKROCK INC.’s that is approximately 7.6005% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $25.93 million.