Agile Therapeutics, Inc. (NASDAQ:AGRX) is a big mover this session as the company shares are trading 7.39% or 0.15 points higher from last closing price of $2.03, reaching $2.18 at last check. So what’s going on with AGRX shares anyway? The price has risen in 4 of the last 5 days and is up 86.24% over the past week. It will be exciting to see whether the stock manages to continue increasing or take a minor break for the next few days. The move came on weak volume too with far less shares changing hands than in a normal session. Trading activity as of this writing weakened by -1,220,569 shares, and in total 6.441 million shares valued at $14.041 million were seen changing hands compared with 7.661 million shares valued at $15.553 million recorded at the previous session. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes in AGRX stock for the next couple of days.
Agile Therapeutics, Inc. (AGRX) shares have notched a 3-month gain of about 86.24%, but has still advanced 252.49% year to date. By comparison, the stock added 99.02% over the past 12 months, while it jumped 70.59% over the 1 month. The company’s market cap is around $107.06M, with its short interest ratio standing at 0.16%.
In the current trading session for AGRX, the stock witnessed two major price actions, it rose to a high of $2.23 and was down as much as $1.85 at one point. The high recorded is very low when compared to their 52-week high which is $0.35. The 52-week high is now at -26.6 distance from current price. Their recent low of $2.97 represents a 522.86% recovery. This data is quite important for investors who look to benefit from the recent rise of the company’s stock. The price target currently for AGRX is $4.2, this is above the recent high that the stock attained. Taking a look at the overall sentimental views of financial analysts, the trading pattern of this stock recently is very clear.
AGRX‘s last price was up 71.84% as compared to the average trading price of 50 days recorded at $1.27 while enlarging the period to 200 trading days, the average closing price was $1.25. At present, there are 52.74 million in the total number of common shares owned by the public and among those 52.74 million shares have been available to trade. The percentage of shares being held by the company management was 0.4% while institutions stake was 42.9%. The company has generated negative returns on equity over the last 12 months (-65.7%). It managed to keep its gross profit margin at 0% over the past 12 months.
When assessing the full upside of the AGRX stock, there is another set of technicals that should be looked into and considered. Its 66.4% gain from moving average of $1.31 has brought about a positive sentiment when calculated over the last 20 days. The market has allocated a beta of 0.41 to the stock. With the beta been less than one, this implies that the company shares are theoretically less volatile than the market, something that the traders definitely are keeping an eye on.
Most of the analysts surveyed by Thomson/First Call think quite highly of Agile Therapeutics, Inc. — 6 analysts rate the stock as a buy with another 0 rating it strong buy. There are 0 analysts who maintain a hold rating for the stock, with 0 giving it a sell rating. Analysts arrived at a 12-month price target of $4.2 on shares of Agile Therapeutics, Inc. (NASDAQ:AGRX), which corresponds to 93.55% upside potential than its current market price of $2.18 and implies potential despite the recent advance in the price. However, their current target price has climbed from $4 a month ago and is up handily from the consensus target of $4 a quarter ago.
In the last five years, the EPS of the company has been roughly 11%. Though the percentage looks encouraging, extra headwinds are emerging as looking out over a next 5-year period, with analysts estimating that their earnings will decrease annually by 0%. The revenue of the company has retreated at an average annualized rate of about 0 over the last five years. The company recently recorded a drop of 0%, but this figure is rather unattractive.
Let’s briefly check the hedge fund interest towards AGRX stock. Needham Investment Management LLC trimmed position in the company after it dumped -40.6% or 159,933 shares of its common stock. The hedge fund now owns 95,000 shares worth $207,100, SEC documents show. Vanguard Group Inc. shored up assets in the stock as 753980.9 shares have been purchased, increasing its stake by 129.8% to 1,732,648 shares which are currently valued at $3,777,173. In addition, BlackRock Inc. recently reported that it now owns 169,226 shares making a total of $368,913 based on the recent price. This refelects a change of 27.2% in their ownership.