Humanigen Inc. [HGEN] Revenue clocked in at $4.10 million, down -94.07% YTD: What’s Next?

Humanigen Inc. [NASDAQ: HGEN] loss -4.91% on the last trading session, reaching $0.22 price per share at the time. The company report on September 12, 2022 that Humanigen and SAHMRI Announce Expansion of the PREACH-M Study of Lenzilumab in CMML.

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Additional Clinical Sites Expected to Enroll CMML Patients in Australia.

Short Hills, New Jersey and Adelaide, South Australia–(Newsfile Corp. – September 12, 2022) – Humanigen, Inc. (Nasdaq: HGEN), Humanigen Australia Pty Ltd, (“Humanigen”) and the South Australian Health and Medical Research Institute (“SAHMRI”) today announced an expansion of the ongoing development Precision Approach to Chronic Myelomonocytic Leukemia (“PREACH-M”) study of lenzilumab in chronic myelomonocytic leukemia (“CMML”), a rare blood cancer, in patients with NRAS, KRAS, and CBL genetic mutations. The PREACH-M study will expand from the first two sites at the Royal Adelaide Hospital in Adelaide, Southern Australia and Austin Health-Austin Hospital in Heidelberg, Victoria to add up to 6 additional sites; one in Queensland, one in Western Australia, two sites in New South Wales, a site in Tasmania, and options being explored for an additional site in New Zealand.

Humanigen Inc. represents 103.66 million in outstanding shares, while the company has a total market value of $20.82 million with the latest information. HGEN stock price has been found in the range of $0.2151 to $0.2297.

If compared to the average trading volume of 9.19M shares, HGEN reached a trading volume of 5354034 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 Humanigen Inc. [HGEN]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HGEN shares is $3.83 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HGEN stock is a recommendation set at 3.40. 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.

ROTH Capital have made an estimate for Humanigen Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on July 13, 2022. The new note on the price target was released on July 13, 2022, representing the official price target for Humanigen Inc. stock. Previously, the target price had yet another drop from $30 to $2, while Cantor Fitzgerald kept a Neutral rating on HGEN stock.

The Average True Range (ATR) for Humanigen Inc. is set at 0.02, with the Price to Sales ratio for HGEN stock in the period of the last 12 months amounting to 5.08.

Trading performance analysis for HGEN stock

Humanigen Inc. [HGEN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 7.87. With this latest performance, HGEN shares dropped by -39.23% in over the last four-week period, additionally sinking by -91.55% over the last 6 months – not to mention a drop of -96.47% 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 HGEN stock in for the last two-week period is set at 30.11, with the RSI for the last a single of trading hit 32.02, and the three-weeks RSI is set at 32.05 for Humanigen Inc. [HGEN]. The present Moving Average for the last 50 days of trading for this stock 0.6098, while it was recorded at 0.2163 for the last single week of trading, and 2.2737 for the last 200 days.

Humanigen Inc. [HGEN]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Humanigen Inc. [HGEN] shares currently have an operating margin of -6474.88. Humanigen Inc.’s Net Margin is presently recorded at -6582.73.

Return on Equity for this stock declined to -2,165.43, with Return on Assets sitting at -339.62.

Humanigen Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.60 and a Current Ratio set at 0.60.

Humanigen Inc. [HGEN]: An earnings per share (EPS) analysis

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 HGEN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Humanigen Inc. go to 12.50%.

An analysis of insider ownership at Humanigen Inc. [HGEN]

There are presently around $5 million, or 21.30% of HGEN stock, in the hands of institutional investors. The top three institutional holders of HGEN stocks are: VALIANT CAPITAL MANAGEMENT, L.P. with ownership of 6,888,607, which is approximately 0% of the company’s market cap and around 20.17% of the total institutional ownership; MURCHINSON LTD., holding 5,250,000 shares of the stock with an approximate value of $1.16 million in HGEN stocks shares; and VANGUARD GROUP INC, currently with $0.54 million in HGEN stock with ownership of nearly 1.062% of the company’s market capitalization.

Positions in Humanigen Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 29 institutional holders increased their position in Humanigen Inc. [NASDAQ:HGEN] by around 1,819,751 shares. Additionally, 54 investors decreased positions by around 8,479,030 shares, while 15 investors held positions by with 11,775,225 shares. The mentioned changes placed institutional holdings at 22,074,006 shares, according to the latest SEC report filing. HGEN stock had 16 new institutional investments in for a total of 978,436 shares, while 31 institutional investors sold positions of 2,014,516 shares during the same period.


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