MacroGenics Inc (NASDAQ: MGNX) stock closed at $4.14 on 10/11/24 after a major increase of 10.7%. Moreover, above average trading volume at 126% of normal accompanied the advance. The stock has risen 16.6% during the last week but has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, MGNX is expected to continue to be a major Value Builder.
MacroGenics has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. MacroGenics has a poor Appreciation Score of 16 and a very low Power Rating of 11, leading to the Lowest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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