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argenx has been through a volatile spell after a long run, and the recent swings now put a simple question in front of you as an investor: Is the current share price still in line with what the company's earnings can reasonably support? Over the past 5 years, argenx has delivered a share price gain of 185.3%, which puts a lot of weight on whether its earnings power has kept pace with that move. The company recently halted its Phase 3 Sjögren's trial for futility while reporting encouraging...
European equities traded in the US as American depositary receipts were tracking higher late Friday
Argenx (ENXTBR:ARGX) is back in focus after twin clinical updates. The company reported positive Phase 2 data for FB102 in celiac disease while deciding to halt its Phase 3 UNITY trial in Sjögren's disease. Over the past month argenx’s share price has come under pressure, with a 30 day share price return of down 18.5% and a 7 day move of down 16.2% around the UNITY trial halt. However, the 5 year total shareholder return of 172.3% shows long term holders have still seen strong gains,...
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