In the last trading session, 0.27 million shares of the Macrogenics Inc (NASDAQ:MGNX) were traded, and its beta was 1.72. Most recently the company’s share price was $1.51, and it changed around -$0.07 or -4.43% from the last close, which brings the market valuation of the company to $95.27M. MGNX currently trades at a discount to its 52-week high of $5.77, offering almost -282.12% off that amount. The share price’s 52-week low was $0.99, which indicates that the current value has risen by an impressive 34.44% since then.
Macrogenics Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.57. If we narrow it down even further, the data shows that 0 out of 9 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 6 recommended MGNX as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight.
Macrogenics Inc (NASDAQ:MGNX) trade information
Instantly MGNX has showed a red trend with a performance of -4.43% 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 1.6400 on recent trading dayincreased the stock’s daily price by 7.93%. The company’s shares are currently down -53.54% year-to-date, but still down -4.43% over the last five days. On the other hand, Macrogenics Inc (NASDAQ:MGNX) is -15.64% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $2.5, which translates to bulls needing to increase their stock price by 39.6% from its current value. Analyst projections state that MGNX is forecast to be at a low of $2 and a high of $3.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 19.47%. Macrogenics Inc earnings are expected to increase by -87.85% in 2025, but the outlook is negative -23.54% per year for the next five years.
MGNX Dividends
Macrogenics Inc’s next quarterly earnings report is expected to be released in June.
ARMISTICE CAPITAL, LLC, with 9.5749% or 6.0 million shares worth $25.5 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
WASATCH FUNDS TRUST-Wasatch Ultra Growth Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Mar 31, 2025 . The former held 2.82 shares worth $4.26 million, making up 4.47% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held roughly 1.97 shares worth around $2.98 million, which represents about 3.13% of the total shares outstanding.
