FibroGen Inc. [NASDAQ: FGEN] gained 2.61% or 1.1 points to close at $43.18 with a heavy trading volume of 1517752 shares.
It opened the trading session at $42.51, the shares rose to $43.78 and dropped to $41.84, the range by which the price of stock traded the whole day. The daily chart for FGEN points out that the company has recorded 17.50% gains over the past six months. However, it is still -90.64% lower than its most recent low trading price.
If we look at the average trading volume of 694.72K shares, FGEN reached to a volume of 1517752 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about FibroGen Inc. [FGEN]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FGEN shares is $62.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FGEN stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Stifel have made an estimate for FibroGen Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on July 10, 2020. While these analysts kept the previous recommendation, Cowen raised their target price to Market Perform. The new note on the price target was released on May 01, 2020, representing the official price target for FibroGen Inc. stock. Previously, the target price had yet another raise to $45, while BofA/Merrill analysts kept a Neutral rating on FGEN stock.
The Average True Range (ATR) for FibroGen Inc. is set at 2.28, with the Price to Sales ratio for FGEN stock in the period of the last 12 months amounting to 35.07. The Price to Book ratio for the last quarter was 9.75, with the Price to Cash per share for the same quarter was set at 7.79. Price to Free Cash Flow for FGEN in the course of the last twelve months was 294.73 with Quick ratio for the last quarter at 9.30.
Trading performance analysis for FGEN stock
FibroGen Inc. [FGEN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.48. With this latest performance, FGEN shares gained by 4.17% in over the last four-week period, additionally plugging by 17.50% over the last 6 months – not to mention a rise of 3.60% 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 FGEN stock in for the last two-week period is set at 50.72, with the RSI for the last a single of trading hit 49.85, and the three-weeks RSI is set at 51.36 for FibroGen Inc. [FGEN]. The present Moving Average for the last 50 days of trading for this stock 42.88, while it was recorded at 44.04 for the last single week of trading, and 40.37 for the last 200 days.
FibroGen Inc. [FGEN]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and FibroGen Inc. [FGEN] shares currently have an operating margin of -34.81 and a Gross Margin at +91.19. FibroGen Inc.’s Net Margin is presently recorded at -30.00.
Return on Total Capital for FGEN is now -14.46, given the latest momentum, and Return on Invested Capital for the company is -13.01. Return on Equity for this stock declined to -15.01, with Return on Assets sitting at -8.86. When it comes to the capital structure of this company, FibroGen Inc. [FGEN] has a Total Debt to Total Equity ratio set at 12.32. Additionally, FGEN Total Debt to Total Capital is recorded at 10.97, with Total Debt to Total Assets ending up at 7.42. Long-Term Debt to Equity for the company is recorded at 9.74, with the Long-Term Debt to Total Capital now at 8.67.
Reflecting on the efficiency of the workforce at the company, FibroGen Inc. [FGEN] managed to generate an average of -$144,953 per employee. Receivables Turnover for the company is 2.36 with a Total Asset Turnover recorded at a value of 0.30.FibroGen Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 9.30 and a Current Ratio set at 9.40.
FibroGen Inc. [FGEN]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, FibroGen Inc. posted -0.57/share EPS, while the average EPS was predicted by analysts to be reported at -0.55/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -3.60%. 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 FGEN.
An analysis of insider ownership at FibroGen Inc. [FGEN]
There are presently around $2,903 million, or 74.50% of FGEN stock, in the hands of institutional investors. The top three institutional holders of FGEN stocks are: BLACKROCK INC. with ownership of 7,948,217, which is approximately 13.293% of the company’s market cap and around 1.80% of the total institutional ownership; VANGUARD GROUP INC, holding 7,548,004 shares of the stock with an approximate value of $325.92 million in FGEN stocks shares; and FMR LLC, currently with $277.18 million in FGEN stock with ownership of nearly -34.561% of the company’s market capitalization.
Positions in FibroGen Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 113 institutional holders increased their position in FibroGen Inc. [NASDAQ:FGEN] by around 8,710,215 shares. Additionally, 80 investors decreased positions by around 6,163,422 shares, while 32 investors held positions by with 52,349,054 shares. The mentioned changes placed institutional holdings at 67,222,691 shares, according to the latest SEC report filing. FGEN stock had 28 new institutional investments in for a total of 707,368 shares, while 25 institutional investors sold positions of 1,211,291 shares during the same period.