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Seattle Genetics Stock Impressive Rise On Thursday, Outperforms Market

ViaNews Editorial Team

February 16, 2023

Seattle Genetics Stock  Impressive Rise On Thursday, Outperforms Market

(VIANEWS) - The NASDAQ ended the session with Seattle Genetics (SGEN) jumping 12.91% to $160.39 on Thursday while NASDAQ fell 1.78% to $11,855.83.

Seattle Genetics's last close was $142.05, 22.38% below its 52-week high of $183.00.

About Seattle Genetics

Seagen Inc., a biotechnology company, develops and commercializes therapies for the treatment of cancer in the United States and internationally. The company offers ADCETRIS, an antibody-drug conjugate (ADC) for the treatment of patients with Hodgkin lymphoma or CD30-positive T-cell lymphomas; PADCEV, an ADC targeting Nectin-4 for the treatment of advanced or metastatic urothelial cancer; and TUKYSA, an oral small molecule tyrosine kinase inhibitor for the treatment of adult patients with advanced unresectable or metastatic HER2-positive breast cancer. It also develops TIVDAK for metastatic cervical cancer and other solid tumors; Ladiratuzumab Vedotin, an ADC targeting LIV-1 for metastatic breast cancer and solid tumors; Disitamab Vedotin, a novel HER2-targeted ADC; and SEA-CD40, SEA-TGT, SEA-BCMA, and SEA-CD70 for various cancer diseases. Seagen Inc. has collaboration agreements with Takeda Pharmaceutical Company Limited; Agensys, Inc.; Genmab A/S; Merck; and RemeGen, Co. Ltd. The company was formerly known as Seattle Genetics, Inc. and changed its name to Seagen Inc. in October 2020. Seagen Inc. was incorporated in 1997 and is headquartered in Bothell, Washington.

Earnings Per Share

As for profitability, Seattle Genetics has a trailing twelve months EPS of $3.58.

PE Ratio

Seattle Genetics has a trailing twelve months price to earnings ratio of 44.75. Meaning, the purchaser of the share is investing $44.75 for every dollar of annual earnings.

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 -21.27%.

Volatility

Seattle Genetics's last week, last month's, and last quarter's current intraday variation average was 1.18%, 0.33%, and 1.58%.

Seattle Genetics's highest amplitude of average volatility was 1.23% (last week), 1.00% (last month), and 1.58% (last quarter).

More news about Seattle Genetics (SGEN).

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.

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