Tango Therapeutics Stock Today

TNGX Stock  USD 3.10  0.16  5.44%   

Performance

0 of 100

 
Weak
 
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Odds Of Distress

Less than 33

 
High
 
Low
Below Average
Tango Therapeutics is trading at 3.10 as of the 21st of December 2024; that is 5.44 percent increase since the beginning of the trading day. The stock's open price was 2.94. Tango Therapeutics has about a 33 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 21st of November 2024 and ending today, the 21st of December 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
3rd of September 2020
Category
Healthcare
Classification
Health Care
Tango Therapeutics, Inc., a biotechnology company, discovers and develops drugs for the treatment of cancer. The company was founded in 2017 and is based in Cambridge, Massachusetts. Tango Therapeutics operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. The company has 107.42 M outstanding shares of which 7.22 M shares are at this time shorted by private and institutional investors with about 2.31 trading days to cover. More on Tango Therapeutics

Moving together with Tango Stock

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Moving against Tango Stock

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Tango Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO PresidentBarbara MD
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Biotechnology, NASDAQ Composite, NASDAQ Health Care, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.150.0907
Way Up
Slightly volatile
Total Current Liabilities46 M45.9 M
Slightly Up
Slightly volatile
Non Current Liabilities Total109.9 M103.5 M
Notably Up
Slightly volatile
Total Assets352.5 M402.6 M
Fairly Down
Slightly volatile
Total Current Assets318.9 M346.5 M
Significantly Down
Slightly volatile
Debt Levels
Tango Therapeutics can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Tango Therapeutics' financial leverage. It provides some insight into what part of Tango Therapeutics' total assets is financed by creditors.
Liquidity
Tango Therapeutics currently holds 38.92 M in liabilities with Debt to Equity (D/E) ratio of 0.0, which may suggest the company is not taking enough advantage from borrowing. Tango Therapeutics has a current ratio of 9.56, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Tango Therapeutics' use of debt, we should always consider it together with its cash and equity.

Total Cash From Operating Activities

(112.08 Million)
Tango Therapeutics (TNGX) is traded on NASDAQ Exchange in USA. It is located in 201 Brookline Avenue, Boston, MA, United States, 02215 and employs 140 people. Tango Therapeutics is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 315.81 M. Tango Therapeutics conducts business under Biotechnology sector and is part of Health Care industry. The entity has 107.42 M outstanding shares of which 7.22 M shares are at this time shorted by private and institutional investors with about 2.31 trading days to cover. Tango Therapeutics currently holds about 416.36 M in cash with (117.98 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.73, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Tango Therapeutics Probability Of Bankruptcy
Ownership Allocation
The majority of Tango Therapeutics outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Tango Therapeutics to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Tango Therapeutics. Please pay attention to any change in the institutional holdings of Tango Therapeutics as this could imply that something significant has changed or is about to change at the company.
Check Tango Ownership Details

Tango Stock Institutional Holders

InstituionRecorded OnShares
Balyasny Asset Management Llc2024-09-30
2.7 M
State Street Corp2024-09-30
2.3 M
Adage Capital Partners Gp Llc2024-09-30
2.3 M
Deerfield Management Co2024-09-30
1.5 M
Geode Capital Management, Llc2024-09-30
1.4 M
Casdin Capital, Llc2024-09-30
1.2 M
Baker Bros Advisors Lp2024-09-30
750 K
Arrowmark Colorado Holdings, Llc (arrowmark Partners)2024-09-30
708.4 K
Bessemer Group Inc2024-09-30
708.4 K
Trv Gp Iv, Llc2024-09-30
16.9 M
Ecor1 Capital, Llc2024-09-30
13.3 M
View Tango Therapeutics Diagnostics

Tango Therapeutics Historical Income Statement

At this time, Tango Therapeutics' Interest Expense is fairly stable compared to the past year. Cost Of Revenue is likely to rise to about 121 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 1.6 M in 2024. View More Fundamentals

Tango Stock Against Markets

Tango Therapeutics Corporate Management

MD KaelinFounder BoardProfile
Antoni MDFounder BoardProfile
Daniella CPAChief OfficerProfile
Alan HuangChief OfficerProfile
Levi MDFounderProfile
JD EsqChief CounselProfile

Additional Tools for Tango Stock Analysis

When running Tango Therapeutics' price analysis, check to measure Tango Therapeutics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tango Therapeutics is operating at the current time. Most of Tango Therapeutics' value examination focuses on studying past and present price action to predict the probability of Tango Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tango Therapeutics' price. Additionally, you may evaluate how the addition of Tango Therapeutics to your portfolios can decrease your overall portfolio volatility.