With 13.49 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.08 million shares. The 52-week range on TGTX shows that it touched its highest point at $36.84 and its lowest point at $12.93 during that stretch. It currently has a 1-year price target of $40.33. Beta for the stock currently stands at 2.30.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TGTX was up-trending over the past week, with a rise of 18.61%, but this was up by 3.18% over a month. Three-month performance surged to 0.47% while six-month performance rose 47.41%. The stock gained 95.24% in the past year, while it has gained 14.35% so far this year. A look at the trailing 12-month EPS for TGTX yields 0.14 with Next year EPS estimates of 2.03. For the next quarter, that number is 0.13. This implies an EPS growth rate of 569.52% for this year and 101.97% for next year.
Float and Shares Shorts:
At present, 155.66 million TGTX shares are outstanding with a float of 140.09 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TGTX since 6 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.25133 being high and $0.07733333 being low. For TGTX, this leads to a yearly average estimate of $0.174. Based on analyst estimates, the high estimate for the next quarter is $0.14 and the low estimate is $0.1. The average estimate for the next quarter is thus $0.12.
Summary of Insider Activity:
Insiders traded TGTX stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
