Why Did Tevogen Bio Holdings Inc (TVGN) Stock Tumble -12.24% to $1.72?

Tevogen Bio Holdings Inc (TVGN) Stock Trading Recap

On Tuesday, Tevogen Bio Holdings Inc (TVGN) stock saw a decline, ending the day at $1.72 which represents a decrease of $-0.24 or -12.24% from the prior close of $1.96. The stock opened at $1.94 and touched a low of $1.69 during the day, reaching a high of $2.07. The volume of shares traded was 4.89 million falling short of the average volume of 14.78 million.

TVGN Stock Performance and Moving Averages

In recent trading, Tevogen Bio Holdings Inc (TVGN) stock price has shown some volatility, fluctuating -32.55% over the last five trades and 438.34% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by 73.65%, and it has gained 182.43% in the previous three months. Currently, TVGN is trading at -2.80%, 79.08%, and -24.91% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.


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As of the latest trading close, TVGN, a Healthcare sector stock, is trading -91.84% below its 52-week high but remains 572.93% above its 52-week low. The Average True Range (ATR) (14 days) of 0.43 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.

Tevogen Bio Holdings Inc’s Profitability and Valuation Ratios

Tevogen Bio Holdings Inc’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of 0.00% with a gross margin of 73.65%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.

In terms of valuation, Tevogen Bio Holdings Inc’s market capitalization stands at $293.51 million. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value.

Understanding Insider Trading

Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 87.13% of Tevogen Bio Holdings Inc (TVGN)’s shares, while financial institutions hold 3.82%.

Notable insider trades include Flomenberg Neal, See Remarks at Tevogen Bio Holdings Inc (TVGN), who sold 1078600 shares on Oct 17 ’24, at $1.62 each, totaling $1.75 million.

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