PepGen Inc [NASDAQ: PEPG] stock went on a downward path that fall over -0.68% on Friday, amounting to a one-week price decrease of less than -5.19%.
Over the last 12 months, PEPG stock dropped by -89.49%. The one-year PepGen Inc stock forecast points to a potential upside of 87.41. The average equity rating for PEPG stock is currently 1.60, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $47.77 million, with 32.72 million shares outstanding and 27.82 million shares in the current float. Compared to the average trading volume of 2.71M shares, PEPG stock reached a trading volume of 129939 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on PepGen Inc [PEPG]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PEPG shares is $11.60 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PEPG stock is a recommendation set at 1.60. 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.
BofA Securities have made an estimate for PepGen Inc shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on December 16, 2024. The new note on the price target was released on July 31, 2024, representing the official price target for PepGen Inc stock. Previously, the target price had yet another raise to $26, while H.C. Wainwright analysts kept a Buy rating on PEPG stock.
The Average True Range (ATR) for PepGen Inc is set at 0.18 The Price to Book ratio for the last quarter was 0.52, with the Price to Cash per share for the same quarter was set at 2.99.
PEPG Stock Performance Analysis:
PepGen Inc [PEPG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.19. With this latest performance, PEPG shares dropped by -13.10% in over the last four-week period, additionally sinking by -67.34% over the last 6 months – not to mention a drop of -89.49% 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 PEPG stock in for the last two-week period is set at 48.88, with the RSI for the last a single of trading hit 48.81, and the three-weeks RSI is set at 48.05 for PepGen Inc [PEPG]. The present Moving Average for the last 50 days of trading for this stock 1.5015, while it was recorded at 1.4880 for the last single week of trading, and 4.6058 for the last 200 days.
Insight into PepGen Inc Fundamentals:
PepGen Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.95 and a Current Ratio set at 4.95.
PEPG Stock EPS
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 PEPG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for PepGen Inc go to 15.09%.
PepGen Inc [PEPG] Institutonal Ownership Details
There are presently around $96.00%, or 96.23%% of PEPG stock, in the hands of institutional investors. The top three institutional holders of PEPG stocks are: RA CAPITAL MANAGEMENT, L.P. with ownership of 10.69 million shares, which is approximately 32.9221%. SUVRETTA CAPITAL MANAGEMENT, LLC, holding 1.52 million shares of the stock with an approximate value of $$24.27 million in PEPG stocks shares; and SUVRETTA CAPITAL MANAGEMENT, LLC, currently with $$23.98 million in PEPG stock with ownership which is approximately 4.6284%.
