Regenxbio Inc (NASDAQ: RGNX) is 0.52% higher on its value in year-to-date trading and has touched a low of $7.14 and a high of $28.80 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The RGNX stock was last observed hovering at around $7.86 in the last trading session, with the day’s loss setting it -0.09%.
Currently trading at $7.77, the stock is -5.82% and -14.97% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.95 million and changing -1.15% at the moment leaves the stock -38.59% off its SMA200. RGNX registered -55.09% loss for a year compared to 6-month loss of -28.72%. The firm has a 50-day simple moving average (SMA 50) of $9.1384 and a 200-day simple moving average (SMA200) of $12.653.
The stock witnessed a -16.45% gain in the last 1 month and extending the period to 3 months gives it a -16.90%, and is -1.27% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.93% over the week and 8.39% over the month.
Regenxbio Inc (RGNX) has around 344 employees, a market worth around $380.56M and $84.33M in sales. Profit margin for the company is -283.19%. Distance from 52-week low is 8.82% and -73.02% from its 52-week high. The company has generated returns on investments over the last 12 months (-57.85%).
The EPS is expected to grow by 21.59% this year.
Regenxbio Inc (RGNX) Top Institutional Holders
272.0 institutions hold shares in Regenxbio Inc (RGNX), with institutional investors hold 99.69% of the company’s shares. The shares outstanding are 49.53M, and float is at 44.85M with Short Float at 13.89%. Institutions hold 92.32% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 8.61 million shares valued at $100.73 million. The investor’s holdings represent 18.8252% of the RGNX Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 5.11 million shares valued at $59.83 million to account for 11.1818 of the shares outstanding. The other top investors are REDMILE GROUP, LLC which holds 4.57 million shares representing 9.9924% and valued at over $53.47 million, while STATE STREET CORP holds 6.2826 of the shares totaling 2.87 million with a market value of $33.62 million.
Regenxbio Inc (RGNX) Insider Activity
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Regenxbio Inc disclosed in a document filed with the SEC on Oct 01 ’24 that KARABELAS ARGERIS N (Director) sold a total of 10,000 shares of the company’s common stock. The trade occurred on Oct 01 ’24 and was made at $10.11 per share for $0.1 million. Following the transaction, the insider now directly holds 11286.0 shares of the RGNX stock.
Still, SEC filings show that on Sep 03 ’24, KARABELAS ARGERIS N (Director) disposed off 10,000 shares at an average price of $11.56 for $0.12 million. The insider now directly holds 11,286 shares of Regenxbio Inc (RGNX).
