Regenxbio Inc (NASDAQ: RGNX) Stock: Can It Surge Further?

In the last trading session, 2.09 million shares of the Regenxbio Inc (NASDAQ:RGNX) were traded, and its beta was 1.14. Most recently the company’s share price was $7.92, and it changed around -$1.84 or -18.85% from the last close, which brings the market valuation of the company to $396.93M. RGNX currently trades at a discount to its 52-week high of $17.35, offering almost -119.07% off that amount. The share price’s 52-week low was $5.03, which indicates that the current value has risen by an impressive 36.49% since then.

Regenxbio Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.38. If we narrow it down even further, the data shows that 0 out of 12 analysts rate the stock as a Sell; another 5 rate it as Overweight. Among the rest, 1 recommended RGNX as a Hold, whereas 6 deemed it a Buy, and 0 rated it as Underweight.

Regenxbio Inc (NASDAQ:RGNX) trade information

Instantly RGNX has showed a red trend with a performance of -18.85% 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 10.59 on recent trading dayincreased the stock’s daily price by 25.21%. The company’s shares are currently up 2.46% year-to-date, but still down -15.83% over the last five days. On the other hand, Regenxbio Inc (NASDAQ:RGNX) is 25.91% up in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $24, which translates to bulls needing to increase their stock price by 67.0% from its current value. Analyst projections state that RGNX is forecast to be at a low of $22 and a high of $30.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -12.18%. Regenxbio Inc earnings are expected to increase by 83.78% in 2025, but the outlook is positive 28.31% per year for the next five years.

RGNX Dividends

Regenxbio Inc’s next quarterly earnings report is expected to be released in June.

VANGUARD GROUP INC, with 10.1061% or 5.11 million shares worth $59.83 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

JPMorgan Trust II-JPMorgan Small Cap Growth Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 1.99 shares worth $15.76 million, making up 3.97% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held roughly 1.4 shares worth around $11.09 million, which represents about 2.79% of the total shares outstanding.