Investors’ Patience Is Being Tested Right Now By Regenxbio Inc (NASDAQ: RGNX)

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 REGENXBIO Announces Pivotal Trial of RGX-121 for the Treatment of MPS II Achieves Primary Endpoint.

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Stocks Info

Regenxbio Inc is listed on the NASDAQ as a member of the Healthcare sector and is a part of the Biotechnology industry. The current market capitalization of Regenxbio Inc is $763.67M. A total of 0.75 million shares were traded on the day, compared to an average of 1.25 shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, RGNX 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 8 BUYs and 0 SELLs from insiders. Insiders purchased 59,402 shares during that period but sold 0.

In the most recent transaction, Mills Kenneth T. sold 45,000 shares of RGNX for 15.18 per share on Jan 16. After the transaction, the President and CEO now owns 408,035 company shares. In a previous transaction on Jan 03, PAKOLA STEVE sold 17,237 shares at 17.39 per share. RGNX shares that Chief Medical Officer owns now total 107,192.

Among the insiders who sold shares, Mills Kenneth T. disposed of 45,000 shares on Dec 19 at a per-share price of $19.68. This resulted in the President and CEO holding 355,289 shares of RGNX after the transaction.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for RGNX in the last 3 months, the mean price target is $34.22 with high estimates of $52.00 and low estimates of $20.00. In terms of 52-week highs and lows, RGNX has a high of $25.32 and a low of $11.83.

As of this writing, RGNX has an earnings estimate of -$1.26 per share for the current quarter. EPS was calculated based on a consensus of 8 estimates, with a high estimate of -$0.77 per share and a lower estimate of -$1.52. The company reported an EPS of -$1.66 in the last quarter, which was -20.30% lower than expectations of -$1.38.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. RGNX’s latest balance sheet shows that the firm has $457.44M in Cash & Short Term Investments as of fiscal 2021. There were $86.68M in debt and $130.47M in liabilities at the time. Its Book Value Per Share was $8.25, while its Total Shareholder’s Equity was $764.30M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. 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 RGNX is Buy with a score of 4.40.

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