PepGen Inc (NASDAQ:PEPG) has a beta value of 1.53 and has seen 0.11 million shares traded in the last trading session. The company, currently valued at $41.40M, closed the last trade at $1.27 per share which meant it gained $0.06 on the day or 4.96% during that session. The PEPG stock price is -1419.69% off its 52-week high price of $19.30 and 8.66% above the 52-week low of $1.16. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.7 million shares traded. The 3-month trading volume is 295.96K shares.
The consensus among analysts is that PepGen Inc (PEPG) is Buy stock at the moment, with a recommendation rating of 1.60. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 2 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.72.
PepGen Inc (NASDAQ:PEPG) trade information
Sporting 4.96% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the PEPG stock price touched $1.27 or saw a rise of 11.68%. Year-to-date, PepGen Inc shares have moved -66.49%, while the 5-day performance has seen it change 2.42%. Over the past 30 days, the shares of PepGen Inc (NASDAQ:PEPG) have changed -51.15%. Short interest in the company has seen 0.68 million shares shorted with days to cover at 3.41.
Wall Street analysts have a consensus price target for the stock at $29.5, which means that the shares’ value could jump 95.69% from current levels. The projected low price target is $26.0 while the price target rests at a high of $33.0. In that case, then, we find that the current price level is -2498.43% off the targeted high while a plunge would see the stock gain -1947.24% from current levels.
PepGen Inc (PEPG) estimates and forecasts
The company’s shares have lost -84.75% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 0.00%.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -172.30% over the past 5 years. Earnings growth for 2025 is a modest 17.33% while over the next 5 years, the company’s earnings are expected to increase by 8.50%.
PEPG Dividends
PepGen Inc is expected to release its next earnings report in March this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
PepGen Inc (NASDAQ:PEPG)’s Major holders
Insiders own 0.02% of the company shares, while shares held by institutions stand at 99.02% with a share float percentage of 99.04%. Investors are also buoyed by the number of investors in a company, with PepGen Inc having a total of 93.0 institutions that hold shares in the company. The top two institutional holders are RA CAPITAL MANAGEMENT, L.P. with over 10.69 million shares worth more than $170.61 million. As of 2024-06-30, RA CAPITAL MANAGEMENT, L.P. held 37.3025% of shares outstanding.
The other major institutional holder is SUVRETTA CAPITAL MANAGEMENT, LLC, with the holding of over 1.52 million shares as of 2024-06-30. The firm’s total holdings are worth over $24.27 million and represent 5.3075% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. As of Sep 30, 2024, the former fund manager holds about 1.51% shares in the company for having 492.8 shares of worth $0.63 million while later fund manager owns 430.51 shares of worth $0.55 million as of Nov 30, 2024, which makes it owner of about 1.32% of company’s outstanding stock.
