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Less Than Four Hours Before The Market Open, ImmunoGen Is Up By 4%

Less Than Four Hours Before The Market Open, ImmunoGen Is Up By 4%
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(VIANEWS) - The NASDAQ opens in less than four hours and ImmunoGen's pre-market value is already 4.48% up.

ImmunoGen's last close was $4.02, 39.37% under its 52-week high of $6.63.

The last session, NASDAQ ended with ImmunoGen (IMGN) jumping 3.61% to $4.02. NASDAQ dropped 0.66% to $11,379.48, after four successive sessions in a row of losses, on what was a somewhat negative trend exchanging session.

About ImmunoGen

ImmunoGen, Inc., a clinical-stage biotechnology company, develops antibody-drug conjugate (ADC) therapies to treat cancer. The company's product candidates include mirvetuximab soravtansine, an ADC targeting folate-receptor alpha (FRa), which is in Phase III clinical trial for the treatment of platinum-resistant ovarian cancer; and 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 $-0.252.

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 -157.66%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 66.9%, now sitting on 95.61M for the twelve trailing months.

Moving Average

ImmunoGen's worth is way under its 50-day moving average of $4.57 and way below its 200-day moving average of $4.90.

Growth Estimates Quarters

The company's growth estimates for the present quarter and the next is a negative 76.5% and a negative 180%, respectively.

More news about ImmunoGen (IMGN).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.