Agile Therapeutics Inc (NASDAQ:AGRX) saw strong trading volume on Monday . 2,993,109 shares were traded during trading, an increase of 972% from the previous session’s volume of 279,165 shares.The stock last traded at $0.91 and had previously closed at $0.89.
A number of analysts recently weighed in on the stock. Maxim Group restated a “buy” rating and set a $3.00 target price on shares of Agile Therapeutics in a research note on Monday. HC Wainwright reiterated a “buy” rating and issued a $4.00 price target on shares of Agile Therapeutics in a research note on Friday, January 11th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. Agile Therapeutics has an average rating of “Buy” and an average price target of $3.33.
The company has a market cap of $30.60 million, a P/E ratio of -0.99 and a beta of 0.32.
A number of institutional investors have recently made changes to their positions in AGRX. Fosun International Ltd acquired a new stake in shares of Agile Therapeutics in the third quarter valued at approximately $180,000. Renaissance Technologies LLC boosted its holdings in shares of Agile Therapeutics by 76.3% in the second quarter. Renaissance Technologies LLC now owns 792,990 shares of the specialty pharmaceutical company’s stock valued at $392,000 after acquiring an additional 343,290 shares during the period. BlackRock Inc. boosted its holdings in shares of Agile Therapeutics by 15.7% in the fourth quarter. BlackRock Inc. now owns 133,219 shares of the specialty pharmaceutical company’s stock valued at $77,000 after acquiring an additional 18,038 shares during the period. Finally, Acadian Asset Management LLC boosted its holdings in shares of Agile Therapeutics by 260.7% in the fourth quarter. Acadian Asset Management LLC now owns 313,047 shares of the specialty pharmaceutical company’s stock valued at $180,000 after acquiring an additional 226,255 shares during the period. Institutional investors own 41.92% of the company’s stock.
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Agile Therapeutics Company Profile (NASDAQ:AGRX)
Agile Therapeutics, Inc, a women's healthcare company, focuses on the development and commercialization of prescription contraceptive products for women. Its lead product candidate is Twirla, also known as AG200-15, a once-weekly prescription combination hormonal contraceptive patch, which completed Phase III clinical trials.
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