Agile Therapeutics, Inc.
AGRX Details
Agile Therapeutics, Inc. (NASDAQ: AGRX) is a women's healthcare company to meet unmet medical needs in women. The company's first product, the Twirla (levonorgestrel and Ethinyl estradiol) transdermal system, is non-daily prescription contraception. Twirla is based on Skinfusion, a revolutionary transdermal patch that allows the medication to be delivered via the skin.
Latest News:
9MFY21 Results:
Key Risks:
Valuation Methodology: EV/Sales Multiple Based Relative Valuation
(Analysis by Kalkine Group)
* % Premium/(Discount) is based on our assessment of the Company's NTM trading multiple after considering its key growth drivers, economic moat, stock's historical trading multiples versus peer average/median, and investment risks.
Stock Recommendation:
AGRX's stock price has fallen 78.87% in the past nine months and is currently trading close to the lower-band of the 52-week range of USD 0.28 to USD 3.77. We have valued the stock using the EV/Sales-based relative valuation methodology and arrived at a target price of USD 0.41. Considering the significant correction in the stock price in the past nine months, its revenue-generating capabilities, recent partnership agreements, current valuation, and associated risks, we recommend a "Speculative Buy" rating on the stock at the current price of USD 0.336, up 8.42% as of February 15, 2022, 2:42 PM ET.
AGRX's 3-Year Technical Price Chart. (Source: REFINITIV, Analysis by Kalkine Group)
Technical Summary Analysis
Technical Indicators Defined: -
Support: A level where-in the stock prices tend to find support if they are falling, and downtrend may take a pause backed by demand or buying interest.
Resistance: A level where-in the stock prices tend to find resistance when they are rising, and uptrend may take a pause due to profit booking or selling interest.
Stop-loss: It is a level to protect further losses in case of unfavourable movement in the stock prices.
Note 1: The reference data in this report has been partly sourced from REFINITIV.
Note 2: Investment decision should be made depending on the investors' appetite on upside potential, risks, holding duration, and any previous holdings. Investors can consider exiting from the stock if the Target Price mentioned as per the valuation has been achieved and subject to the factors discussed above.
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