In the last trading session, 0.51 million shares of the Tango Therapeutics Inc (NASDAQ:TNGX) were traded, and its beta was 1.03. Most recently the company’s share price was $1.42, and it changed around -$0.09 or -5.96% from the last close, which brings the market valuation of the company to $153.51M. TNGX currently trades at a discount to its 52-week high of $12.02, offering almost -746.48% off that amount. The share price’s 52-week low was $1.11, which indicates that the current value has risen by an impressive 21.83% since then.
Tango Therapeutics Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.12. If we narrow it down even further, the data shows that 0 out of 8 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 0 recommended TNGX as a Hold, whereas 6 deemed it a Buy, and 0 rated it as Underweight.
Tango Therapeutics Inc (NASDAQ:TNGX) trade information
Instantly TNGX has showed a red trend with a performance of -5.96% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 1.5600 on recent trading dayincreased the stock’s daily price by 8.97%. The company’s shares are currently down -54.05% year-to-date, but still down -4.70% over the last five days. On the other hand, Tango Therapeutics Inc (NASDAQ:TNGX) is 11.81% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $13, which translates to bulls needing to increase their stock price by 89.08% from its current value. Analyst projections state that TNGX is forecast to be at a low of $13 and a high of $18.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 7.47%. Tango Therapeutics Inc earnings are expected to increase by -17.02% in 2025, but the outlook is negative -10.41% per year for the next five years.
TNGX Dividends
Tango Therapeutics Inc’s next quarterly earnings report is expected to be released in June.
ECOR1 CAPITAL, LLC, with 12.3075% or 13.33 million shares worth $114.38 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and T. Rowe Price Small-Cap Value Fund, Inc. were the top two Mutual Funds as of Dec 31, 2024 . The former held 2.2 shares worth $3.13 million, making up 2.04% of all outstanding shares. On the other hand, T. Rowe Price Small-Cap Value Fund, Inc. held roughly 1.66 shares worth around $2.36 million, which represents about 1.54% of the total shares outstanding.
