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ImmunoGen Stock 10.95% Up Today

ImmunoGen Stock 10.95% Up Today
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(VIANEWS) - The NASDAQ ended the session with ImmunoGen jumping 10.95% to $4.46 on Thursday, after two consecutive sessions in a row of gains. NASDAQ rose 0.73% to $11,462.98, after four successive sessions in a row of losses, on what was a somewhat positive trend exchanging session today.

ImmunoGen's last close was $4.02, 39.37% under its 52-week high of $6.63.

About ImmunoGen

ImmunoGen, Inc., a clinical-stage biotechnology company, develops antibody-drug conjugate (ADC) therapies to treat cancer. The company's product candidates include mirvetuximab soravtansine, an ADC targeting folate-receptor alpha (FRa), which is in Phase III clinical trial for the treatment of platinum-resistant ovarian cancer; and Pivekimab sunirine, a CD123-targeting ADC that is in Phase II clinical trial for treating acute myeloid leukemia and blastic plasmacytoid dendritic cell neoplasm. Its preclinical programs include IMGC936, an ADC in co-development with MacroGenics, Inc.; and IMGN151, an anti FRa product candidate. The company has collaborations with Roche; Amgen/Oxford BioTherapeutics; Bayer HealthCare AG; Eli Lilly and Company; Novartis Institutes for BioMedical Research, Inc.; CytomX Therapeutics, Inc.; Fusion Pharmaceuticals Inc.; Debiopharm International SA; and MacroGenics, Inc. ImmunoGen, Inc. was founded in 1980 and is headquartered in Waltham, Massachusetts.

Earnings Per Share

As for profitability, ImmunoGen has a trailing twelve months EPS of $-0.252.

The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is negative -157.66%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 66.9%, now sitting on 95.61M for the twelve trailing months.

Volume

Today's last reported volume for ImmunoGen is 3048740 which is 12.84% below its average volume of 3498200.

Moving Average

ImmunoGen's value is below its 50-day moving average of $4.57 and below its 200-day moving average of $4.90.

Volatility

ImmunoGen's last week, last month's, and last quarter's current intraday variation average was a negative 1.29%, a negative 1.61%, and a positive 2.91%.

ImmunoGen's highest amplitude of average volatility was 3.35% (last week), 3.23% (last month), and 2.91% (last quarter).

More news about ImmunoGen (IMGN).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.