Agenus (NASDAQ:AGEN) Given “Neutral” Rating at HC Wainwright

Agenus (NASDAQ:AGENGet Free Report)‘s stock had its “neutral” rating restated by HC Wainwright in a note issued to investors on Wednesday,Benzinga reports.

Agenus Stock Performance

Shares of AGEN opened at $1.68 on Wednesday. The firm has a market cap of $39.29 million, a P/E ratio of -0.15 and a beta of 1.23. Agenus has a twelve month low of $1.67 and a twelve month high of $19.69. The firm’s 50 day moving average price is $3.23 and its two-hundred day moving average price is $3.84.

Agenus (NASDAQ:AGENGet Free Report) last announced its earnings results on Tuesday, March 11th. The biotechnology company reported ($2.04) earnings per share for the quarter, topping analysts’ consensus estimates of ($2.36) by $0.32. The company had revenue of $26.84 million during the quarter, compared to analyst estimates of $30.09 million. On average, sell-side analysts anticipate that Agenus will post -12.55 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Agenus

A number of hedge funds and other institutional investors have recently bought and sold shares of AGEN. Corton Capital Inc. bought a new position in shares of Agenus during the 4th quarter worth approximately $36,000. Virtu Financial LLC acquired a new position in Agenus during the fourth quarter worth $51,000. Apollon Wealth Management LLC bought a new position in Agenus in the fourth quarter valued at $55,000. EP Wealth Advisors LLC bought a new position in Agenus in the third quarter valued at $55,000. Finally, Bank of Montreal Can acquired a new stake in Agenus in the 4th quarter valued at $69,000. Institutional investors and hedge funds own 61.46% of the company’s stock.

Agenus Company Profile

(Get Free Report)

Agenus Inc, a clinical-stage biotechnology company, discovers and develops immuno-oncology products in the United States and internationally. The company offers Retrocyte Display, an antibody expression platform for the identification of fully human and humanized monoclonal antibodies; and display technologies.

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Analyst Recommendations for Agenus (NASDAQ:AGEN)

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