Down -39.39% in 4 Weeks, Here's Why Agenus (AGEN) Looks Ripe for a Turnaround

Group 1 - Agenus (AGEN) has experienced a significant downtrend, with a stock decline of 39.4% over the past four weeks due to excessive selling pressure [1] - The stock is currently in oversold territory, indicated by an RSI reading of 17.56, suggesting a potential reversal in trend [3] - Wall Street analysts have raised earnings estimates for Agenus, with a 38.9% increase in the consensus EPS estimate over the last 30 days, indicating a positive outlook for the company's earnings [4] Group 2 - The Zacks Rank for Agenus is 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, further supporting the potential for a turnaround [4]