Rigel Pharmaceuticals, Inc. kicked off the trading day on 09/16/19 with a price increase of 1.82%, equivalent to $0.03 relative change for the day. Taking a more long-term approach, RIGL had a 52-week range of $1.60 to $3.63. At the time of this article’s publishing, this stock is trading at $1.68 after starting the trading session at $1.65. At the time of writing, this stock’s 50-day Moving Average stands at $2.09, while the 200-day Moving Average of this stock is currently $2.27.
Currently, this company’s share volume is sitting at $1,709,035, but has maintained average daily volume of $1.21M. This stock has generated an average Year to Date volume of $1.59 million, alongside an average 20-day volume of $1.35 million. This publicly-traded company’s shares outstanding now amounts to $167.64 million, simultaneously with a float of $167.14 million. The organization now has a market capitalization sitting at $281.64 million.
Rigel Pharmaceuticals, Inc.(RIGL) Ownership Data
Now let’s turn our focus to how large-scale investors are behaving with this stock. Rigel Pharmaceuticals, Inc.’s current insider ownership accounts for 0.25%, in contrast to 97.20% institutional ownership. According to the most recent latest insider trade that took place on May 22 this organization’s EVP &Chief Financial Officer bought 50,000 at the rate of 2.13, making the entire transaction hit 106,544 in total value, affecting insider ownership by 50,000. Preceding that transaction, on Oct 12 Company’s Principal Accounting Officer sold 10,000 at a price of 3.12, making the whole transaction’s value amount to 31,200. This particular insider is now the holder of 58 in total.
If we take a glance at the Ownership summary of Rigel Pharmaceuticals, Inc.’s stock, Institutional holders make up 97.20% of its total stock ownership. All together, they are the legal holders of 167.64M shares. If we focus on the top 3 stockholders for this publicly-traded organization, Fidelity Management & Research Co. owns 25,079,011 shares, with Wellington Management Co. LLP in 2nd place owning 23,311,375 shares and BlackRock Fund Advisors in third place with total ownership of 12,503,861 shares.
Rigel Pharmaceuticals, Inc. (RIGL) Earnings and Revenue Data
In the latest quarterly report that this company released, which was put into the public domain on 6/29/2019, the organization reported -$0.12 earnings per share (EPS) for the three-month period, surpassing the consensus estimate (set at -$0.14) by $0.02.
This company achieved a net margin of -89.34 while generating a return on equity of -57.53. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.08 per share during the current fiscal year.
Rigel Pharmaceuticals, Inc.’s EPS increase for this current 12-month fiscal period is 28.90%, and is forecasted to reach -39.30% in the upcoming year.
Additional Trading Performance Indicators
Now turning our attention to the current performance indicators for Rigel Pharmaceuticals, Inc., this organization’s Quick Ratio in the last reported quarter now stands at 4.30. The company has managed to achieve an average true range (ATR) of 0.11. Alongside those, its Beta score is 1.31.
Another valuable indicator worth considering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 4.28 for this organization. Plus, this company’s price to book ratio for the last three-month fiscal period reported is 3.57, whereas its price to cash per share for the last quarter landed at 0.67.
In the same vein, RIGL’s Diluted EPS (Earnings per Share) trailing twelve months was posted at -0.35, a figure that is expected to reach -0.13 in the next reported quarter, and analysts expect it will be -39.30% at the market close of one year from today’s date.