Agenus (NASDAQ:AGEN – Get Free Report) posted its quarterly earnings results on Tuesday. The biotechnology company reported ($2.04) earnings per share for the quarter, topping analysts’ consensus estimates of ($2.36) by $0.32, Zacks reports.
Agenus Stock Down 8.5 %
NASDAQ:AGEN opened at $2.15 on Tuesday. Agenus has a 12 month low of $2.13 and a 12 month high of $19.69. The firm has a market cap of $50.44 million, a price-to-earnings ratio of -0.19 and a beta of 1.23. The company’s 50 day moving average is $3.26 and its 200-day moving average is $3.88.
Analyst Upgrades and Downgrades
Separately, HC Wainwright reaffirmed a “neutral” rating on shares of Agenus in a research note on Wednesday, January 22nd. One investment analyst has rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $10.00.
Agenus Company Profile
Agenus Inc, a clinical-stage biotechnology company, discovers and develops immuno-oncology products in the United States and internationally. The company offers Retrocyte Display, an antibody expression platform for the identification of fully human and humanized monoclonal antibodies; and display technologies.
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