Neurogene Inc (NASDAQ:NGNE)’s traded shares stood at 0.64 million during the last session, with the company’s beta value hitting 1.66. At the close of trading, the stock’s price was $11.00, to imply an increase of 22.63% or $2.03 in intraday trading. The NGNE share’s 52-week high remains $74.49, putting it -577.18% down since that peak but still an impressive 37.45% since price per share fell to its 52-week low of $6.88. The company has a valuation of $164.23M, with an average of 0.53 million shares in intraday trading volume over the past 10 days and average of 272.96K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Neurogene Inc (NGNE), translating to a mean rating of 1.14. Of 3 analyst(s) looking at the stock, 0 analyst(s) give NGNE a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 3 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 -0.92.
Neurogene Inc (NASDAQ:NGNE) trade information
After registering a 22.63% upside in the last session, Neurogene Inc (NGNE) has traded red over the past five days. The 5-day price performance for the stock is 25.14%, and -34.52% over 30 days. With these gigs, the year-to-date price performance is -51.88%. Short interest in Neurogene Inc (NASDAQ:NGNE) saw shorts transact 2.18 million shares and set a 12.51 days time to cover.
The extremes give us $38 and $50 for target low and target high price respectively. As such, NGNE has been trading -354.55% off suggested target high and -245.45% from its likely low.
Neurogene Inc (NGNE) estimates and forecasts
The rating firms project that company’s revenue will shrink -100.00% compared to the previous financial year.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -10.74% for the past 5-year period. While 2025 is set for a -7.96% return in earnings, projections for the next 5 years are at -8.29% annually.
NGNE Dividends
Neurogene Inc has its next earnings report out on 2025-Mar-23. 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.
Neurogene Inc (NASDAQ:NGNE)’s Major holders
Neurogene Inc insiders hold 10.16% of total outstanding shares, with institutional holders owning 108.36% of the shares at 120.61% float percentage. In total, 108.36% institutions holds shares in the company, led by BLACKROCK INC.. As of 2024-06-30, the company held over 1.39 million shares (or 8.2325% of shares), all amounting to roughly $50.75 million.
The next major institution holding the largest number of shares is ECOR1 CAPITAL, LLC with 1.27 million shares, or about 7.5043% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $46.26 million.
We also have VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Fidelity Securities Fund-Fidelity Small Cap Growth Fund as the top two Mutual Funds with the largest holdings of the Neurogene Inc (NGNE) shares. Going by data provided on Dec 31, 2024 , VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund holds roughly 327.17 shares. This is just over 2.19% of the total shares, with a market valuation of $3.6 million. Data from the same date shows that the other fund manager holds a little less at 288.92, or 1.94% of the shares, all valued at about 3.18 million.
