With 4.29 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.36 million shares. The 52-week range on FGEN shows that it touched its highest point at $2.80 and its lowest point at $0.18 during that stretch. It currently has a 1-year price target of $10.00. Beta for the stock currently stands at 0.77.
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 FGEN was down-trending over the past week, with a drop of -14.58%, but this was down by -1.83% over a month. Three-month performance surged to 42.77% while six-month performance rose 29.42%. The stock lost -73.56% in the past year, while it has lost -5.63% so far this year. A look at the trailing 12-month EPS for FGEN yields -1.23 with Next year EPS estimates of -0.46. For the next quarter, that number is -0.14. This implies an EPS growth rate of 72.60% for this year and 43.12% for next year. EPS is expected to grow by 49.32% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -23.23%.
Float and Shares Shorts:
At present, 100.77 million FGEN shares are outstanding with a float of 94.10 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 FGEN since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 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 -$0.74 being high and -$0.86 being low. For FGEN, this leads to a yearly average estimate of -$0.8. Based on analyst estimates, the high estimate for the next quarter is -$0.1 and the low estimate is -$0.1. The average estimate for the next quarter is thus -$0.1.
