It’s Not Over Yet For Rigel Pharmaceuticals (NASDAQ: RIGL)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

Rigel Pharmaceuticals is listed on the NASDAQ as a member of the Healthcare sector and is a part of the Biotechnology industry. The current market capitalization of Rigel Pharmaceuticals is $532.78M. A total of 2.29 million shares were traded on the day, compared to an average of 231.52K shares.

In the most recent transaction, Schorno Dean L sold 2,036 shares of RIGL for 20.92 per share on Feb 04 ’25. After the transaction, the EVP & Chief Financial Officer now owns 58,969 company shares. In a previous transaction on Feb 05 ’25, Schorno Dean L sold 1,734 shares at 21.93 per share. RIGL shares that EVP & Chief Financial Officer owns now total 57,235.

Among the insiders who sold shares, Santos David A disposed of 2,125 shares on Feb 04 ’25 at a per-share price of $20.92. This resulted in the EVP, Chief Commercial Officer holding 53,500 shares of RIGL after the transaction. In another insider transaction, Santos David A sold 1,796 shares at $21.93 per share on Feb 05 ’25. Company shares held by the EVP, Chief Commercial Officer now total 51,704.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, RIGL has a high of $29.82 and a low of $8.83.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. RIGL’s latest balance sheet shows that the firm has $124.97M in Cash & Short Term Investments as of fiscal 2021. There were $30.57M in debt and $63.55M in liabilities at the time. Its Book Value Per Share was $4.57, while its Total Shareholder’s Equity was $30.37M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock.

Related Posts

Park Telegraph
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.