ImmunoGen Stock Went Up By Over 32% In The Last 21 Sessions

(VIANEWS) – Shares of ImmunoGen (NASDAQ: IMGN) rose by a staggering 32.89% in 21 sessions from $14.17 at 2023-06-01, to $18.83 at 14:46 EST on Monday, following the last session’s upward trend. NASDAQ is jumping 0.21% to $13,816.77, following the last session’s upward trend.

ImmunoGen’s last close was $18.87, 7% under its 52-week high of $20.29.

About ImmunoGen

ImmunoGen, Inc., a commercial-stage biotechnology company, focuses on developing and commercializing the antibody-drug conjugates (ADCs) for cancer patients. The company's product candidates include mirvetuximab soravtansine, an ADC targeting folate-receptor alpha (FRa), for the treatment of platinum-resistant ovarian cancer; and a cell-surface protein expressed in various epithelial tumors, including ovarian, endometrial, and non-small-cell lung cancers, as well as Pivekimab sunirine, a CD123-targeting ADC that is in Phase II clinical trial for treating acute myeloid leukemia and blastic plasmacytoid dendritic cell neoplasm. Its preclinical programs include IMGC936, an ADC in co-development with MacroGenics, Inc.; and IMGN151, an anti-FRa product candidate. The company has collaborations with Roche; Amgen/Oxford BioTherapeutics; Bayer HealthCare AG; Eli Lilly and Company; Novartis Institutes for BioMedical Research, Inc.; CytomX Therapeutics, Inc.; Fusion Pharmaceuticals Inc.; Debiopharm International SA; and MacroGenics, Inc. ImmunoGen, Inc. was founded in 1980 and is headquartered in Waltham, Massachusetts.

Earnings Per Share

As for profitability, ImmunoGen has a trailing twelve months EPS of $-0.89.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -111.95%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 31%, now sitting on 120.57M for the twelve trailing months.

Volume

Today’s last reported volume for ImmunoGen is 1330982 which is 83.77% below its average volume of 8205010.

Moving Average

ImmunoGen’s worth is way higher than its 50-day moving average of $13.68 and way higher than its 200-day moving average of $7.00.

Volatility

ImmunoGen’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.07%, a positive 1.48%, and a positive 3.27%.

ImmunoGen’s highest amplitude of average volatility was 0.71% (last week), 2.99% (last month), and 3.27% (last quarter).

More news about ImmunoGen (IMGN).

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