Stepping In The Right Direction? Lamb Weston Holdings Inc. (LW) and Agenus Inc. (AGEN)

The stock of Lamb Weston Holdings Inc. (LW) increased by 0.88% to finish the standard trading session at $70.16. During that period, a total of 1787018 shares were traded, and this stock’s average trading volume is currently 1.03M shares per day. Important things to pay attention to when considering a stock’s current and future price are the 52-week high and low price points. Shares of Lamb Weston Holdings Inc. (LW) are currently -27.16% below their 52-week high mark and 79.62% higher than the 52-week low mark.

Capital Research & Management Co…. opened a new position with shares of Lamb Weston Holdings Inc. (LW) during the lastest quarter, according to the public company’s latest Form 13F filing with the US Securities and Exchange Commission (SEC). This particular institutional investor became the owner of 16,837,849 shares of the Packaged Foods provider’s common stock, which is currently worth approximately $1.06 billion. According to the latest SEC filing from Capital Research & Management Co…., the firm held approximately 11.59% of Lamb Weston Holdings Inc.. On a separate note, The Vanguard Group, Inc. entered a new position in Lamb Weston Holdings Inc. stock during the lastest quarter, holdings valued at $980.78 million. Institutional investors and hedge funds hold 93.70% of this public company’s common stock.

Turning now to this publicly-traded company’s past performance, we will explore different moving trends for LW. This stock gained 7.46% during the last week and rose 12.36% over the last one-month period. Shares of this organization’s stock rose 13.44% throughout the last quarter. Within the last six months, the stock has increased 27.33%, with a full-year loss of -7.57%. At the time of writing, this stock’s year-to-date (YTD) price performance is now negative at -18.45%.

Out of a total of 8 brokerages that are currently covering Lamb Weston Holdings Inc. (LW) stock, the average recommendation is “Overweight” according to WSJ. 0 equities research analyst has rated the stock with a “Overweight” recommendation, 3 analysts have given this stock a “Buy” recommendation, 4 analysts have recommended that investors “Hold” this stock, and 0 analysts have given this stock a “Sell” rating and 1 suggested “Underweight”. Analysts’ average 1-year price target, among all the brokerages, is $68.57.

Shares of Agenus Inc. (AGEN) managed to reach a high of $4.29 and dropped down to a low of $4.08, before this stock settled at $4.19 at the end of the latest trading session. This organization’s stock has been displaying bullish momentum. Its Average True Range, or ATR, has fallen consistently after each of the most recent 14 trading sessions. Stock traders typically look at the ATR when they want to focus on technical analysis. At the time of writing, the 14-day ATR for Agenus Inc. (AGEN) is sitting at 0.31. Agenus Inc. currently has a 52-week low of $1.82 with a 52-week high of $5.63. This organization has and a current ratio of 0.70. This public company has a market cap of $802.26 million, a beta of 2.08.

INCYTE CORP, the 10% Owner of Agenus Inc. (AGEN), sold 141,920 shares of Agenus Inc. stock in an exchange that took place on Jun 17. The shares were sold at an average price of $3.66 each, amounting to a total Sale worth $518,831. As of the close of the Sale, the 10% Owner now directly holds 16,972,968 shares of the organization’s stock, which is now worth about $71116735.92. The deal was disclosed in a Securities & Exchange Commission legal filing, which can be publicly viewed on the SEC website.

Agenus Inc. (AGEN) most recently publicly disclosed its earnings results on August 06, 2020. The organization posted -$0.28 earnings per share (EPS) during the three-month period, which was -$0.01 lower than the consensus estimate of -$0.27. The company experienced a positive return on equity of 80.00%. Agenus Inc. reported revenue of $96.50M during the last year. During the year-ago, the company reported -$1.14 EPS. Analysts forecast that Agenus Inc. will report EPS of -$0.26 for the current fiscal year.

Stock traders are taking a renewed look at shares of Agenus Inc.. This stock’s current 14-day RSI is standing at 48.86%, with a 9-day RSI of 48.45%, and a 20-day RSI of 50.05%. The RSI, which stands for Relative Strength Index, is a widely-used oscillating indicator trusted by investors and traders alike. The RSI works within a range-bound space with values on a scale from 0 to 100. When the RSI line rises, the shares may be showing strength. The contrary is the case when the RSI line starts to fall. When using the RSI indicator, different time periods may be looked at. When using a shorter time frame, the RSI might be more volatile. A lot of traders keep their focus between the 30 and 70 marks on the RSI scale. A shift higher than 70 is widely-considered to demonstrate that the stock has entered overbought territory. Meanwhile, a drop below 30 indicates that it may be in oversold territory. Traders often use these levels to predict stock price reversals.