On 11/6/24, MacroGenics Inc (NASDAQ: MGNX) stock enjoyed a major increase of 11.1%, closing at $4.19. Moreover, this advance was accompanied by exceptionally high trading volume at 469% of normal. The stock has risen 25.4% 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). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. MacroGenics has a poor Appreciation Score of 18 and a very low Power Rating of 11, and the Lowest Value Trend Rating results.
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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