Are Things Looking Up For Transphorm Inc (NASDAQ: TGAN)?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Yahoo Finance discussed the stock recently as it posted Transphorm Announces Two 4-Lead TO-247 Devices, Expanding Product Portfolio for High Power Server, Renewable, Industrial Power Conversion.

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Stocks Info

The company is listed on the NASDAQ and operates within the Semiconductor Equipment & Materials industry segment. At the end of the last regular session, the stock closed at $4.85 and fluctuated between $4.8700 as its day high and $4.8300 as its day low. The current market capitalization of Transphorm Inc is $306.81M. A total of 0.5 million shares were traded on the day, compared to an average of 345.09K shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, TGAN has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 22 BUYs and 3 SELLs from insiders. Insiders purchased 2,530,507 shares during that period but sold 37,325.

In the most recent transaction, MCFARLAND KATHARINA G. sold 833 shares of TGAN for 4.82 per share on Jan 24. After the transaction, the Director now owns 87,755 company shares. In a previous transaction on Jan 24, Smales Kelly sold 471 shares at 4.82 per share. TGAN shares that Director owns now total 77,554.

Among the insiders who sold shares, Smales Kelly disposed of 766 shares on Jan 04 at a per-share price of $3.90. This resulted in the Director holding 76,680 shares of TGAN after the transaction. In another insider transaction, Smales Kelly sold 2,187 shares at $3.61 per share on Jan 02. Company shares held by the Director now total 77,446.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, TGAN has a high of $5.10 and a low of $1.94.

As of this writing, TGAN has an earnings estimate of $TEGNA Inc per share for the current quarter. EPS was calculated based on a consensus of Invesco Solar ETF estimates, with a high estimate of $Tecogen Inc. per share and a lower estimate of $GAN Limited.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. TGAN’s latest balance sheet shows that the firm has $33.44M in Cash & Short Term Investments as of fiscal 2022. There were $12.00M in debt and $5.29M in liabilities at the time. Its Book Value Per Share was $0.38, while its Total Shareholder’s Equity was $31.36M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TGAN is Buy with a score of 3.00.

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