Agile Therapeutics, Inc. (AGRX) Given New $10.00 Price Target at Royal Bank Of Canada
Agile Therapeutics, Inc. (NASDAQ:AGRX) had its price objective lifted by Royal Bank Of Canada from $8.00 to $10.00 in a report published on Thursday, Marketbeat Ratings reports. Royal Bank Of Canada currently has an outperform rating on the specialty pharmaceutical company’s stock.
A number of other brokerages have also recently weighed in on AGRX. Janney Montgomery Scott restated a buy rating and issued a $15.00 price objective on shares of Agile Therapeutics in a report on Friday, July 21st. Noble Financial restated a buy rating on shares of Agile Therapeutics in a report on Sunday, July 30th. HC Wainwright assumed coverage on shares of Agile Therapeutics in a report on Wednesday, July 19th. They issued a buy rating and a $10.00 price objective on the stock. Finally, ValuEngine upgraded shares of Agile Therapeutics from a strong sell rating to a sell rating in a report on Saturday, July 8th. One analyst has rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the stock. The company currently has a consensus rating of Buy and a consensus target price of $9.08.
Agile Therapeutics (AGRX) opened at 3.83 on Thursday. Agile Therapeutics has a 12 month low of $1.82 and a 12 month high of $7.95. The company has a 50-day moving average of $3.56 and a 200 day moving average of $3.45. The company’s market cap is $110.33 million.
Agile Therapeutics (NASDAQ:AGRX) last announced its quarterly earnings results on Friday, July 28th. The specialty pharmaceutical company reported ($0.26) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.28) by $0.02. During the same quarter in the previous year, the firm posted ($0.29) EPS. On average, equities analysts forecast that Agile Therapeutics will post ($1.02) earnings per share for the current fiscal year.
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In other news, Chairman Alfred Altomari purchased 10,000 shares of the business’s stock in a transaction dated Friday, August 25th. The shares were purchased at an average price of $3.34 per share, for a total transaction of $33,400.00. Following the completion of the acquisition, the chairman now directly owns 161,587 shares in the company, valued at approximately $539,700.58. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 3.50% of the company’s stock.
Large investors have recently bought and sold shares of the company. Janney Montgomery Scott LLC purchased a new stake in shares of Agile Therapeutics during the second quarter valued at approximately $122,000. Royce & Associates LP grew its holdings in shares of Agile Therapeutics by 206.1% during the first quarter. Royce & Associates LP now owns 987,582 shares of the specialty pharmaceutical company’s stock valued at $3,165,000 after buying an additional 665,000 shares during the last quarter. Susquehanna International Group LLP purchased a new stake in shares of Agile Therapeutics during the second quarter valued at approximately $205,000. Royal Bank of Canada grew its holdings in shares of Agile Therapeutics by 608.0% during the second quarter. Royal Bank of Canada now owns 32,497 shares of the specialty pharmaceutical company’s stock valued at $122,000 after buying an additional 27,907 shares during the last quarter. Finally, Goldman Sachs Group Inc. purchased a new stake in shares of Agile Therapeutics during the second quarter valued at approximately $309,000. Hedge funds and other institutional investors own 67.59% of the company’s stock.
Agile Therapeutics Company Profile
Agile Therapeutics, Inc is a women’s health specialty pharmaceutical company. The Company is focused in the development and commercialization of prescription contraceptive products. The Company has developed a transdermal patch technology, called Skinfusion. The Company’s lead product candidate is Twirla, also known as AG200-15, is a combined hormonal contraceptive (CHC) patch.
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