Aeglea Bio Therapeutics Inc (NASDAQ:AGLE) CEO Anthony G. Quinn bought 26,592 shares of Aeglea Bio Therapeutics stock in a transaction on Wednesday, May 22nd. The stock was purchased at an average price of $6.77 per share, with a total value of $180,027.84. Following the completion of the acquisition, the chief executive officer now directly owns 304,135 shares of the company’s stock, valued at approximately $2,058,993.95. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
NASDAQ AGLE traded down $0.07 during trading hours on Wednesday, reaching $6.85. The stock had a trading volume of 66,270 shares, compared to its average volume of 180,718. The firm has a market cap of $199.63 million, a P/E ratio of -3.22 and a beta of 0.89. Aeglea Bio Therapeutics Inc has a 52-week low of $6.31 and a 52-week high of $12.00.
Aeglea Bio Therapeutics (NASDAQ:AGLE) last issued its earnings results on Tuesday, May 7th. The biotechnology company reported ($0.59) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.55) by ($0.04). As a group, sell-side analysts anticipate that Aeglea Bio Therapeutics Inc will post -2.19 earnings per share for the current year.
A number of brokerages have commented on AGLE. HC Wainwright began coverage on shares of Aeglea Bio Therapeutics in a report on Tuesday. They issued a “buy” rating and a $20.00 target price for the company. JPMorgan Chase & Co. began coverage on shares of Aeglea Bio Therapeutics in a report on Thursday, March 21st. They issued an “overweight” rating and a $14.00 target price for the company. Finally, ValuEngine downgraded shares of Aeglea Bio Therapeutics from a “buy” rating to a “hold” rating in a report on Saturday, March 9th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Aeglea Bio Therapeutics currently has a consensus rating of “Buy” and a consensus target price of $16.00.
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About Aeglea Bio Therapeutics
Aeglea BioTherapeutics, Inc, a clinical-stage biotechnology company, designs and develops human enzyme therapeutics for the treatment of patients with rare genetic diseases and cancer. The company's lead product candidate includes pegzilarginase, a recombinant human Arginase 1 enzyme, which is in early clinical development stage for the treatment of Arginase 1 deficiency, an autosomal recessive metabolic disease caused by a marked decrease in the activity of the native arginase 1 enzyme; and for treating Arginine dependent cancers.
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