FibroGen Inc (NASDAQ:FGEN)’s share price was down 5.5% on Thursday . The stock traded as low as $51.00 and last traded at $51.00. Approximately 592,641 shares changed hands during trading, a decline of 3% from the average daily volume of 608,035 shares. The stock had previously closed at $53.95.

Several equities analysts recently weighed in on FGEN shares. Mizuho reissued a “hold” rating and set a $61.00 price objective on shares of FibroGen in a research report on Thursday, November 9th. ValuEngine cut FibroGen from a “hold” rating to a “sell” rating in a research report on Friday, December 1st. Finally, BidaskClub cut FibroGen from a “hold” rating to a “sell” rating in a research report on Thursday, December 7th. Four research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. FibroGen currently has an average rating of “Buy” and an average price target of $65.67.

The company has a debt-to-equity ratio of 0.16, a current ratio of 10.83 and a quick ratio of 10.83. The firm has a market cap of $4,190.00, a PE ratio of -25.12 and a beta of 1.74.

FibroGen (NASDAQ:FGEN) last posted its quarterly earnings data on Wednesday, November 8th. The biopharmaceutical company reported ($0.50) earnings per share for the quarter, missing the consensus estimate of ($0.37) by ($0.13). FibroGen had a negative return on equity of 47.36% and a negative net margin of 120.00%. research analysts predict that FibroGen Inc will post -1.75 EPS for the current year.

In other FibroGen news, Director Kalevi Kurkijarvi sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $46.65, for a total value of $93,300.00. Following the completion of the transaction, the director now owns 24,000 shares of the company’s stock, valued at approximately $1,119,600. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Pat Cotroneo sold 2,851 shares of the company’s stock in a transaction that occurred on Monday, December 11th. The shares were sold at an average price of $46.00, for a total value of $131,146.00. Following the completion of the transaction, the vice president now directly owns 183,852 shares of the company’s stock, valued at approximately $8,457,192. The disclosure for this sale can be found here. Insiders have sold a total of 328,917 shares of company stock valued at $16,142,651 in the last three months. 13.60% of the stock is owned by insiders.

Institutional investors have recently bought and sold shares of the business. Bank of Montreal Can raised its holdings in FibroGen by 2,097.2% in the 4th quarter. Bank of Montreal Can now owns 3,186 shares of the biopharmaceutical company’s stock valued at $151,000 after acquiring an additional 3,041 shares in the last quarter. Fortaleza Asset Management Inc. grew its stake in shares of FibroGen by 95.0% in the 4th quarter. Fortaleza Asset Management Inc. now owns 3,490 shares of the biopharmaceutical company’s stock valued at $165,000 after purchasing an additional 1,700 shares during the period. Ameritas Investment Partners Inc. grew its stake in shares of FibroGen by 15.4% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 5,218 shares of the biopharmaceutical company’s stock valued at $169,000 after purchasing an additional 696 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of FibroGen by 41.9% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,883 shares of the biopharmaceutical company’s stock valued at $184,000 after purchasing an additional 1,147 shares during the period. Finally, Amalgamated Bank bought a new stake in shares of FibroGen in the 2nd quarter valued at approximately $237,000. 57.11% of the stock is owned by hedge funds and other institutional investors.

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FibroGen Company Profile

FibroGen, Inc is a science-based biopharmaceutical company discovering and developing a pipeline of first- in-class therapeutics. The Company is focused on fibrosis and hypoxia-inducible factor (HIF) biology and clinical development to advance innovative medicines for the treatment of anemia, fibrotic disease, and cancer.

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