Exercise or conversion by Theresa Wingrove of 166725 shares of ImmunoGen subject to Rule 16b-3

About 67% of ImmunoGen's investor base is looking to short. The analysis of current outlook of investing in ImmunoGen suggests that many traders are alarmed regarding ImmunoGen's prospects. ImmunoGen's investing sentiment overview a quick insight into current market opportunities from investing in ImmunoGen. Many technical investors use ImmunoGen stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
  
Filed transaction by Immunogen Inc officer. Exercise or conversion of derivative security exempted pursuant to Rule 16b-3

Read at macroaxis.com
ImmunoGen insider trading alert for exercise of common stock by Theresa Wingrove, SVP OF REGULATORY AFFAIRS, on 17th of November 2023. This event was filed by Immunogen Inc with SEC on 2023-11-17. Statement of changes in beneficial ownership - SEC Form 4. Theresa Wingrove currently serves as vice president - regulatory affairs and quality of ImmunoGen

ImmunoGen Fundamental Analysis

We analyze ImmunoGen's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ImmunoGen using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ImmunoGen based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Current Ratio

Current Ratio Comparative Analysis

ImmunoGen is currently under evaluation in current ratio category among its peers. Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

ImmunoGen Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ImmunoGen stock to make a market-neutral strategy. Peer analysis of ImmunoGen could also be used in its relative valuation, which is a method of valuing ImmunoGen by comparing valuation metrics with similar companies.

Peers

ImmunoGen Related Equities

ELEVElevation Oncology   4.69   
0%
41.0%
TERNTerns Pharmaceuticals   3.10   
0%
27.0%
TGTXTG Therapeutics   0.99   
0%
8.0%
HOOKHookipa Pharma   0.52   
4.0%
0%
MCRBSeres Therapeutics   1.27   
11.0%
0%
INZYInozyme Pharma   1.32   
11.0%
0%
MDGLMadrigal Pharmaceuticals   2.85   
25.0%
0%
PDSBPDS Biotechnology   3.13   
27.0%
0%
MREOMereo BioPharma   3.43   
30.0%
0%
AXSMAxsome Therapeutics   3.95   
34.0%
0%
AKROAkero Therapeutics   4.53   
40.0%
0%
HEPAHepion Pharmaceuticals   5.88   
52.0%
0%
VKTXViking Therapeutics   6.09   
53.0%
0%
XFORX4 Pharmaceuticals   11.29   
100.0%
0%
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Other Consideration for investing in ImmunoGen Stock

If you are still planning to invest in ImmunoGen check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ImmunoGen's history and understand the potential risks before investing.
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Transaction History
View history of all your transactions and understand their impact on performance
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity