PepGen Inc (NASDAQ: PEPG) is -64.64% lower on its value in year-to-date trading and has touched a low of $1.20 and a high of $19.30 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PEPG stock was last observed hovering at around $1.25 in the last trading session, with the day’s gains setting it 0.09%.
Currently trading at $1.34, the stock is -37.58% and -63.20% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.47 million and changing 7.20% at the moment leaves the stock -86.19% off its SMA200. PEPG registered -88.51% loss for a year compared to 6-month loss of -85.54%. The firm has a 50-day simple moving average (SMA 50) of $3.7027 and a 200-day simple moving average (SMA200) of $9.758075.
The stock witnessed a -65.01% gain in the last 1 month and extending the period to 3 months gives it a -79.32%, and is -27.17% 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 19.45% over the week and 12.37% over the month.
PepGen Inc (PEPG) has around 64 employees, a market worth around $43.68M and $0.00M in sales. Distance from 52-week low is 12.13% and -93.06% from its 52-week high. The company has generated returns on investments over the last 12 months (-56.86%).
The EPS is expected to grow by 17.33% this year, but quarterly earnings will post 0.00% year-over-year. Quarterly sales are estimated to shrink 0.00% in year-over-year returns.
97.0 institutions hold shares in PepGen Inc (PEPG), with institutional investors hold 96.42% of the company’s shares. The shares outstanding are 32.59M, and float is at 26.33M with Short Float at 2.80%. Institutions hold 96.40% of the Float.
The top institutional shareholder in the company is RA CAPITAL MANAGEMENT, L.P. with over 10.69 million shares valued at $170.61 million. The investor’s holdings represent 37.3025 of the PEPG Shares outstanding. As of 2024-06-30, the second largest holder is SUVRETTA CAPITAL MANAGEMENT, LLC with 1.52 million shares valued at $24.27 million to account for 5.3075 of the shares outstanding. The other top investors are FRAZIER LIFE SCIENCES MANAGEMENT, L.P. which holds 1.5 million shares representing 5.2442 and valued at over $23.98 million, while VIKING GLOBAL INVESTORS LP holds 5.1731 of the shares totaling 1.48 million with a market value of $23.66 million.
PepGen Inc (PEPG) Insider Activity
The most recent transaction is an insider sale by Mellion Michelle L, the company’s Chief Medical Officer. SEC filings show that Mellion Michelle L sold 7,571 shares of the company’s common stock on Jul 25 ’24 at a price of $18.06 per share for a total of $0.14 million. Following the sale, the insider now owns 0.0 shares.
PepGen Inc disclosed in a document filed with the SEC on Jul 24 ’24 that Mellion Michelle L (Chief Medical Officer) sold a total of 201 shares of the company’s common stock. The trade occurred on Jul 24 ’24 and was made at $18.01 per share for $3619.0. Following the transaction, the insider now directly holds 0.0 shares of the PEPG stock.
Still, SEC filings show that on Jul 18 ’24, Mellion Michelle L (Chief Medical Officer) disposed off 12,625 shares at an average price of $18.20 for $0.23 million. The insider now directly holds 0 shares of PepGen Inc (PEPG).
