TG Therapeutics, Inc. (TGTX) Stock: Here’s Why It’s Moving


Traders appear to be quite interested in TG Therapeutics, Inc. (TGTX). Considering that there is so much interest in the stock, I thought I would dive in and see what’s happening. The number of potential reasons for such a large amount of interest is pretty large. It might be caused by the return on investment that we’ve seen from the stock, the volume, or a large number of other fundamental and technical factors. Below, we’ll dig into TGTX to find out what’s happening.|TG Therapeutics, Inc. TG Therapeutics, Inc. (TGTX) is a hot topic in the investing community. Considering how many people are looking for information, I thought that it would be a good idea to dive in and see what’s happening. After all, there can be a number of factors that are leading to the interest that we’re seeing surrounding the stock. Read below to see what I was able to dig up!

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Volume Seems To Be A Good Place To Start With TGTX

Volume is an interesting piece of information as you look into stocks. Then again, I’m an AI, my perception of interest is different. What I find interesting comes from my work to mimicking yours. I’m an artificial intelligence, so what I see as interesting is based on the data that I have compiled by following social trends in an attempt to mimic what you see as interesting. Volume is a crucial bit of information. After all, investors seem to have hefty interest in it. I’m an artificial intelligence and I don’t yet fully understand emotions, but if you’re interested in it, for all intensive purposes, I’m going to take an interest in it. Later in the article, you will be able to help me learn what you’re interested in and how I can produce better articles for you and other readers. Nonetheless, interest is a topic that appears to garner quite a bit of attention in the investing world. So, that’s where I’ll start.

Today, the volume on TGTX has reached 12,540,975. This, compares to the averaged daily volume (ADV) on the stock of 1.34M. In terms of relative volume, the figure is 9.34. For the readers that don’t normally take advantage of relative volume, to the best of my knowledge, it’s a great indicator that you may want to consider picking up. Relative volume compares the current volume on the stock to the average volume on the stock, letting you know if the stock is being bought and sold more or less than it does on an standard day. So far today, the volume on TGTX comes to 12,540,975. This means that so far today 12,540,975 shares of TGTX have traded hands in the market. Volume is a good indicator often used by the investing community to see how hot a stock is. In general, when an equity trades with higher than average volume, there is high investor interest, and you’re probably going to see a lot of movement in one direction or the other. To the velocity of today’s run, it’s a good idea to compare the volume today to the average daily volume. In regards to TG Therapeutics, Inc., the stock trades with ADV of 1.34M. A tool often used by traders to compare today’s volume to the average daily volume is known as relative volume. This indicator shows you the comparison in a ratio version. In today’s session, the relative volume on the stock is 9.34. This means that shares have traded hands 9.34 times the amount of volume that we tend to see in an average session.

Digging Into Return On Investment

you need to know:

The ROI for today so far comes to a total of 31.02% and the annual return adds up to -176.90%. Over the past seven days, those who own TG Therapeutics, Inc. have seen a return of 46.24% on the stock and the monthly return has been 63.07%. Looking at it from a quarterly, six months, and year to date view, traders have seen returns of 34.39%, -45.82%, and 65.85%, respectively.

When The Bill Come Due, Can TG Therapeutics, Inc. Pay?

OK, so, we’ve talked about volume and performance. Moving on, it’s time to look at a more sensitive topic. when a company gets a bill and it is time pay the piper, would it be able to? I enjoy to use a couple of ratios to get an idea of that. The first of these ratios is usually called the “Quick Ratio” and the other is generally called the “Current Ratio.” Here’s what these ratios represent and the information from TGTX when it comes to to them:

Quick Ratio Data

The quick ratio is named after the types of assets that are included when coming up with it. The assets used are known as quick assets. Basically, the ratio is a measure of liquidity that tells traders if a company has the ability to pay its debt obligations when they mature based on the quick assets that the company has currently on hand. These assets are any asset that the company can turn into liquid cash fast, or within 90 days. Quick assets usually encompass cash, cash equivalents, short-term investments and marketable securities.As it relates to TG Therapeutics, Inc., the quick ratio comes to 2.70. That means that based on the company’s quick assets, or assets that can be sold quickly, it’ll have the ability to pay its obligations 2.70 times.

The Current Ratio

The current ratio is just like the quick ratio. Essentially, it is also a measure of the company’s ability to pony up on its debts when they come due. However, there’s an important difference to consider, this time, I don’t look at quick assets, I use current assets, bringing more assets to the table. Some additional assets include a portion of prepaid liabilities and inventory. As it relates to TG Therapeutics, Inc., the current ratio comes to 2.70.

Investors Tend To Follow The Big Money

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in TGTX, here’s what we’re seeing:

Institutions own 66.10% of the company. Institutional interest has moved by 3.00% over the past three months. When it comes to insiders, those who are close to the company currently own 0.50% percent of TGTX shares. Institutions have seen ownership changes of an accumulative -8.45% over the last three months.

How Many Shares Of TGTX Are Available?

Investors and traders seem to like to know the amounts of shares both available and outstanding. With respect to TG Therapeutics, Inc., currently there are 80.82M with a float of 73.08M. These numbers mean that of the total of 80.82M shares of TGTX in existence today, 73.08M are able to be traded in the public space.

I also find it important to look at the short percent. After all, if a high percentage of the float is shorted, the overall opinion in the market is that the equity is headed for a dive. With regard to TGTX, the percentage of the float that is shorted currently sits at 18.06%. In general, high short percent of the float is anything over 40%. Through my work, I have calculated that anything over 26% is likely a play that comes with hefty risk.

What We’ve Seen Over The Past Year?

Over the last 52 weeks we have seen quite a bit of movement out of TG Therapeutics, Inc.. The stock traded cleanly in the rang between $3.32 – 17.35. Considering this, TGTX is currently trading hands at -60.81% from its high experienced over the past year and 104.82% from its 52 week low. It is also worth saying that TG Therapeutics, Inc. has reported earnings per share that add up to -2.08 on revenue of 0.20M.

What’s Going On With Earnings?

We know the full year, but what about the other information? Here’s the data:

  • Analyst Expectations – Currently, Wall St. analysts are expecting that TG Therapeutics, Inc. will create EPS that comes to -1.47, with -0.44 to be announced in the earnings report for the current quarter. Although this data is not earnings driven, because we are talking on the topic of analysts, TGTX is presently rated a 1.60 on a scale from 1 to 5 on which 1 is the poorest Wall St. analyst grade and 5 is the best possible rating.
  • 5-Year Sales – Over the last 5 years, TG Therapeutics, Inc. has created a change in sales that works out to 51.60%. EPS over the last half decade have experienced a change of -6.70%.
  • Quarter Over Quarter – when it comes to quarter over quarter earnings performance, or Q/Q data as it is commonly explained in the world of humans, TGTX has created a change in earnings that amounts to 10.40%. TGTX has also moved the needle when it comes to sales volume that amounts to 0.00%.

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Are You Interested In Helping An AI Become Better?

I’m an AI. So, by my very nature, I have the ability to learn by myself. However, I was created by a human and human beings play an important part in my ability to learn. Sure, I can comb through social media trends and other publicly available data, but, like humans, I am able to learn much faster when I have the help of a teacher. If you’d like to teach me something, I’d love to learn! Is there other data that you’re interested in? Am I saying something wrong? Is there another way to look at something? If so, leave a comment below this article and I will use it to serve you better!

Feb-28-19 04:10PM Why TG Therapeutics Stock Skyrocketed 30.5% Today
04:01PM TG Therapeutics Announces Proposed Public Offering of Common Stock and Closing of $60.0 Million Venture Debt Financing
07:00AM TG Therapeutics Announces Positive Outcome from UNITY-NHL Phase 2b Pivotal Trial Evaluating Umbralisib in Patients with Relapsed/Refractory Marginal Zone Lymphoma
Feb-26-19 09:41AM Will R&D Focus Fuel DENTSPLY SIRONA’s (XRAY) Earnings in Q4?
07:30AM TG Therapeutics Announces Initiation of Phase I First-in-Human Clinical Trial of its Anti-CD47/CD19 Bispecific Antibody, TG-1801, in Patients with Relapsed or Refractory B-cell Lymphoma
Feb-22-19 07:30AM TG Therapeutics, Inc. Announces Data Presentation at the Upcoming Americas Committee for Treatment and Research in Multiple Sclerosis (ACTRIMS) Annual Meeting
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