ImmunoGen, Inc. (NASDAQ:IMGN) last session’s volume of 7.74 million shares was higher than its average volume of 1.86 million shares. The stock, after opening at $2.74, hit $3.28 through the close by scoring 21.03%.ImmunoGen, Inc. (IMGN) Analyst Opinion
ImmunoGen, Inc. has a consensus outperform rating from 9 Wall Street analysts, and the number of shares currently sold short amount to at least 15.7% of shares outstanding. The stock spiked 35.54% last month and is up 60.78 this year. Wall Street is only getting more bullish on the stock, with 3 of analysts who cover IMGN having a buy-equivalent rating. Analysts have placed a $4 price target on ImmunoGen, Inc., suggesting a 21.95% gain from recent close. It’s currently trading about -66.46% below its 52-week high.ImmunoGen, Inc. Earnings Surprise
ImmunoGen, Inc. (IMGN) revenue totaled $17.11 million down -13.19% from the previous quarter. Expect decreased revenue in the current quarter as well. As per the consensus estimate, the company’s year-on-year revenue growth is expected to be at -20.14% during the period. Last year, it had about $19.71 million of revenue.
This stock (IMGN) is ahead of its 52-week low with 117.22%. Its last month’s stock price volatility remained 8.84% which for the week stands at 6.35%. The share price has moved forward from its 20 days moving average, trading at a distance of 34.65% and stays 45.91% away from its 50 days moving average. Over the last five days, shares have managed 34.98% gains and now is up 14.45% since hitting its 200-day moving average of $2.36. ImmunoGen, Inc. (IMGN) has made its way to a 12-month decline of -54.51%.
Turning to Glu Mobile Inc. (NASDAQ:GLUU), its shares were trading at $2 a gain of $0.03, on the trading floor. The stock, after opening at $1.97, touched a high of $2.02 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.4. Glu Mobile Inc. has 1 buy ratings, 4 holds and 0 sells even after the stock tumbled -50% from its high of $3.75 to a $270.96 million market value through Feb 27, 2017.Glu Mobile Inc. (GLUU) Consensus Price Target
The company’s consensus rating on Reuter’s scale slipped from 2.5 to 2.43 during a month. Analysts set a 12-month price target of $2.66 a share. The target implies a 33% spike from where the shares are currently trading. Also, the current price highlights a discount of 62.5% to analysts’ high consensus price target.Glu Mobile Inc. EPS Forecast
The earnings of Glu Mobile Inc. (GLUU) are forecasted by the analysts to move at -$0.06 in current quarter, from -$0.03 a year-ago quarter. This quarter analysts say they expect sales to move at $53.52 million — lower from $54 million the year before.Glu Mobile Inc. (NASDAQ:GLUU) Intraday Trading
The counter witnessed a trading volume of 6.46 million shares versus an average volume of 3.33 million shares during last trading session. Its last month’s stock price volatility remained 4.1% which for the week approaches 4.57. The lowest price the stock reached on Monday was $1.94 and compares with the $1.73 52-week low. The stock recovered 15.61% since its low point and has performed 3.09% year-to-date.