TG Therapeutics Inc (TGTX) concluded trading on Thursday at a closing price of $15.36, with 3.43 million shares of worth about $52.72 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 51.63% during that period and on March 14, 2024 the price saw a loss of about -2.35%. Currently the company’s common shares owned by public are about 151.42M shares, out of which, 139.34M shares are available for trading.
Stock saw a price change of -14.67% in past 5 days and over the past one month there was a price change of 10.27%. Year-to-date (YTD), TGTX shares are showing a performance of -10.07% which increased to 3.23% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $6.46 but also hit the highest price of $35.67 during that period. The average intraday trading volume for TG Therapeutics Inc shares is 5.14 million. The stock is currently trading -1.67% below its 20-day simple moving average (SMA20), while that difference is down -4.33% for SMA50 and it goes to 1.41% higher than SMA200.
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TG Therapeutics Inc (NASDAQ: TGTX) currently have 151.42M outstanding shares and institutions hold larger chunk of about 58.93% of that.
The stock has a current market capitalization of $2.37B and its 3Y-monthly beta is at 2.32. PE ratio of stock for trailing 12 months is 1089.36, while it has posted earnings per share of $0.01 in the same period. It has Quick Ratio of 5.18 while making debt-to-equity ratio of 0.69. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for TGTX, volatility over the week remained 5.58% while standing at 5.59% over the month.
Analysts are in expectations that TG Therapeutics Inc (TGTX) stock would likely to be making an EPS of -$0.04 in the current quarter, while forecast for next quarter EPS is -$0.07 and it is $0.48 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.12 which is $0.05 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$0.28 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -261.11% while it is estimated to increase by 410.34% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Goldman on August 02, 2023 offering a Neutral rating for the stock and assigned a target price range of between $16 and $12 to it. Coverage by Jefferies stated TG Therapeutics Inc (TGTX) stock as a Buy in their note to investors on June 26, 2023, suggesting a price target of $40 for the stock. On May 20, 2022, BofA Securities Initiated their recommendations, while on February 23, 2022, B. Riley Securities Reiterated their ratings for the stock with a price target of $35. Stock get a Sell rating from Goldman on November 15, 2021.
