PepGen Inc (NASDAQ:PEPG) shares traded 58.82% higher at $2.43 on Wall Street last session.
PEPG stock price is now -3.38% away from the 50-day moving average and -72.59% away from the 200-day moving average. The market capitalization of the company currently stands at $79.44M.
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With the price target maintained at $3, BofA Securities recently Downgraded its rating from Neutral to Underperform for PepGen Inc (NASDAQ: PEPG). On July 31, 2024, BofA Securities Downgraded its previous ‘Buy’ rating to ‘Neutral’ on the stock keeping its target price maintained at $12, while ‘H.C. Wainwright’ rates the stock as ‘Buy’
In other news, DeLena Mary Beth, General Counsel sold 1,432 shares of the company’s stock on Feb 26 ’25. The stock was sold for $2,406 at an average price of $1.68. Upon completion of the transaction, the General Counsel now directly owns 1,568 shares in the company, valued at $3810.24. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 26 ’25, Chief Financial Officer Donnelly Noel sold 1,527 shares of the business’s stock. A total of $2,565 was realized by selling the stock at an average price of $1.68. This leaves the insider owning 1,673 shares of the company worth $4065.39. A total of 16.61% of the company’s stock is owned by insiders.
During the past 12 months, PepGen Inc has had a low of $1.16 and a high of $19.30. As of last week, the company has a debt-to-equity ratio of 0.16, a current ratio of 7.41, and a quick ratio of 7.41.
