Tg Therapeutics Stock Number Of Shares Shorted
TGTX Stock | USD 32.53 0.97 2.90% |
TG Therapeutics fundamentals help investors to digest information that contributes to TG Therapeutics' financial success or failures. It also enables traders to predict the movement of TGTX Stock. The fundamental analysis module provides a way to measure TG Therapeutics' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to TG Therapeutics stock.
TGTX | Number Of Shares Shorted |
TG Therapeutics Company Number Of Shares Shorted Analysis
TG Therapeutics' Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
More About Number Of Shares Shorted | All Equity Analysis
Shares Shorted | = | Shorted by Public | + | by Institutions |
Current TG Therapeutics Number Of Shares Shorted | 27.14 M |
Most of TG Therapeutics' fundamental indicators, such as Number Of Shares Shorted, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, TG Therapeutics is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
TGTX Number Of Shares Shorted Driver Correlations
Understanding the fundamental principles of building solid financial models for TG Therapeutics is extremely important. It helps to project a fair market value of TGTX Stock properly, considering its historical fundamentals such as Number Of Shares Shorted. Since TG Therapeutics' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of TG Therapeutics' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of TG Therapeutics' interrelated accounts and indicators.
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If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Competition |
Based on the recorded statements, TG Therapeutics has 27.14 M of outstending shares currently sold short by investors. This is much higher than that of the Biotechnology sector and significantly higher than that of the Health Care industry. The number of shares shorted for all United States stocks is significantly lower than that of the firm.
TGTX Number Of Shares Shorted Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses TG Therapeutics' direct or indirect competition against its Number Of Shares Shorted to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of TG Therapeutics could also be used in its relative valuation, which is a method of valuing TG Therapeutics by comparing valuation metrics of similar companies.TG Therapeutics is currently under evaluation in number of shares shorted category among its peers.
TG Therapeutics Current Valuation Drivers
We derive many important indicators used in calculating different scores of TG Therapeutics from analyzing TG Therapeutics' financial statements. These drivers represent accounts that assess TG Therapeutics' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of TG Therapeutics' important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 309.4M | 980.9M | 6.0B | 1.6B | 2.4B | 2.5B | |
Enterprise Value | 267.5M | 909.1M | 5.5B | 1.6B | 2.4B | 2.6B |
TG Therapeutics ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, TG Therapeutics' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to TG Therapeutics' managers, analysts, and investors.Environmental | Governance | Social |
TGTX Fundamentals
Return On Equity | -0.0805 | ||||
Return On Asset | -7.0E-4 | ||||
Profit Margin | (0.05) % | ||||
Operating Margin | 0.15 % | ||||
Current Valuation | 4.98 B | ||||
Shares Outstanding | 155.66 M | ||||
Shares Owned By Insiders | 9.50 % | ||||
Shares Owned By Institutions | 66.39 % | ||||
Number Of Shares Shorted | 27.14 M | ||||
Price To Earning | (4.14) X | ||||
Price To Book | 26.35 X | ||||
Price To Sales | 19.12 X | ||||
Revenue | 233.66 M | ||||
Gross Profit | 2.52 M | ||||
EBITDA | 21.06 M | ||||
Net Income | 12.67 M | ||||
Cash And Equivalents | 195.71 M | ||||
Cash Per Share | 1.45 X | ||||
Total Debt | 110.8 M | ||||
Debt To Equity | 0.62 % | ||||
Current Ratio | 4.68 X | ||||
Book Value Per Share | 1.34 X | ||||
Cash Flow From Operations | (31.41 M) | ||||
Short Ratio | 6.95 X | ||||
Earnings Per Share | (0.10) X | ||||
Target Price | 40.75 | ||||
Number Of Employees | 319 | ||||
Beta | 2.19 | ||||
Market Capitalization | 5.06 B | ||||
Total Asset | 329.59 M | ||||
Retained Earnings | (1.51 B) | ||||
Working Capital | 264.22 M | ||||
Current Asset | 71.33 M | ||||
Current Liabilities | 16.88 M | ||||
Net Asset | 329.59 M |
About TG Therapeutics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze TG Therapeutics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TG Therapeutics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TG Therapeutics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When running TG Therapeutics' price analysis, check to measure TG Therapeutics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TG Therapeutics is operating at the current time. Most of TG Therapeutics' value examination focuses on studying past and present price action to predict the probability of TG Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TG Therapeutics' price. Additionally, you may evaluate how the addition of TG Therapeutics to your portfolios can decrease your overall portfolio volatility.