Progenics Pharmaceuticals, Inc. (NASDAQ:PGNX) was the recipient of unusually large options trading activity on Tuesday. Stock traders acquired 2,342 call options on the stock. This represents an increase of approximately 686% compared to the typical volume of 298 call options.
A number of hedge funds have recently added to or reduced their stakes in PGNX. Fox Run Management L.L.C. acquired a new stake in Progenics Pharmaceuticals in the 4th quarter valued at about $100,000. Piedmont Investment Advisors LLC acquired a new stake in Progenics Pharmaceuticals in the 2nd quarter valued at about $103,000. Aperio Group LLC acquired a new stake in Progenics Pharmaceuticals in the 3rd quarter valued at about $118,000. Teacher Retirement System of Texas acquired a new stake in Progenics Pharmaceuticals in the 4th quarter valued at about $142,000. Finally, Millennium Management LLC acquired a new stake in Progenics Pharmaceuticals in the 4th quarter valued at about $169,000. Institutional investors own 84.53% of the company’s stock.
Shares of Progenics Pharmaceuticals (NASDAQ:PGNX) opened at $5.72 on Thursday. The company has a market cap of $401.94, a PE ratio of -7.24 and a beta of 3.40. The company has a quick ratio of 7.86, a current ratio of 7.86 and a debt-to-equity ratio of 0.80. Progenics Pharmaceuticals has a 1-year low of $4.60 and a 1-year high of $11.72.
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About Progenics Pharmaceuticals
Progenics Pharmaceuticals, Inc is engaged in developing medicines and other products for targeting and treating cancer. The Company’s pipeline includes therapeutic agents designed to target cancer (AZEDRA and 1095); prostate specific membrane antigen (PSMA)-targeted imaging agents for prostate cancer (1404 and PyL), and imaging analysis tools.
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