Saturday, November 28, 2020

Precigen Inc. [PGEN] is -20.07% lower this YTD. Is it still time to buy?

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Precigen Inc. [NASDAQ: PGEN] gained 25.86% or 0.9 points to close at $4.38 with a heavy trading volume of 5125243 shares. It opened the trading session at $3.43, the shares rose to $4.50 and dropped to $3.39, the range by which the price of stock traded the whole day. The daily chart for PGEN points out that the company has recorded -22.48% loss over the past six months. However, it is still -247.62% lower than its most recent low trading price.

If we look at the average trading volume of 1.85M shares, PGEN reached to a volume of 5125243 in the most recent trading day, which is why market watchdogs consider the stock to be active.


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Here is what top equities market gurus are saying about Precigen Inc. [PGEN]:

H.C. Wainwright have made an estimate for Precigen Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on May 08, 2020.

The Average True Range (ATR) for Precigen Inc. is set at 0.51, with the Price to Sales ratio for PGEN stock in the period of the last 12 months amounting to 7.75. The Price to Book ratio for the last quarter was 8.11, with the Price to Cash per share for the same quarter was set at 0.87.

Trading performance analysis for PGEN stock

Precigen Inc. [PGEN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 33.13. With this latest performance, PGEN shares gained by 35.60% in over the last four-week period, additionally sinking by -22.48% over the last 6 months – not to mention a drop of -27.00% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PGEN stock in for the last two-week period is set at 66.44, with the RSI for the last a single of trading hit 70.44, and the three-weeks RSI is set at 61.82 for Precigen Inc. [PGEN]. The present Moving Average for the last 50 days of trading for this stock 3.05, while it was recorded at 3.60 for the last single week of trading, and 4.63 for the last 200 days.

Precigen Inc. [PGEN]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Precigen Inc. [PGEN] shares currently have an operating margin of -191.14 and a Gross Margin at +32.32. Precigen Inc.’s Net Margin is presently recorded at -227.25.

Return on Total Capital for PGEN is now -38.08, given the latest momentum, and Return on Invested Capital for the company is -48.17. Return on Equity for this stock declined to -94.88, with Return on Assets sitting at -34.57. When it comes to the capital structure of this company, Precigen Inc. [PGEN] has a Total Debt to Total Equity ratio set at 345.75. Additionally, PGEN Total Debt to Total Capital is recorded at 77.57, with Total Debt to Total Assets ending up at 52.64. Long-Term Debt to Equity for the company is recorded at 293.08, with the Long-Term Debt to Total Capital now at 65.75.

Reflecting on the efficiency of the workforce at the company, Precigen Inc. [PGEN] managed to generate an average of -$240,566 per employee. Receivables Turnover for the company is 3.34 with a Total Asset Turnover recorded at a value of 0.15.Precigen Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.50 and a Current Ratio set at 2.70.

Precigen Inc. [PGEN]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Precigen Inc. posted -0.25/share EPS, while the average EPS was predicted by analysts to be reported at -0.29/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 13.80%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PGEN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Precigen Inc. go to 2.40%.

An analysis of insider ownership at Precigen Inc. [PGEN]

There are presently around $451 million, or 74.70% of PGEN stock, in the hands of institutional investors. The top three institutional holders of PGEN stocks are: THIRD SECURITY, LLC with ownership of 82,790,616, which is approximately 9.635% of the company’s market cap and around 1.40% of the total institutional ownership; VANGUARD GROUP INC, holding 7,919,890 shares of the stock with an approximate value of $27.56 million in PGEN stocks shares; and MILLER VALUE PARTNERS, LLC, currently with $25.92 million in PGEN stock with ownership of nearly -11.51% of the company’s market capitalization.

64 institutional holders increased their position in Precigen Inc. [NASDAQ:PGEN] by around 10,090,316 shares. Additionally, 83 investors decreased positions by around 6,492,714 shares, while 37 investors held positions by with 112,944,958 shares. The mentioned changes placed institutional holdings at 129,527,988 shares, according to the latest SEC report filing. PGEN stock had 19 new institutional investments in for a total of 1,120,045 shares, while 34 institutional investors sold positions of 2,117,914 shares during the same period.

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