Why is Seattle Genetics ticker: SGEN Previous Close is "zero" in Grahan Analysis research? See below for research details. The previous close is 188.78
Intrinsic Value is the price corresponding to a stock's Graham Grade: Defensive, Enterprising or NCAV.
Intrinsic Value(%) is Intrinsic Value ÷ Previous Close, expressed as a percentage.
Defensive Price (Graham №):
Enterprising Price (Serenity №):
NCAV Price (Net-Net):
SGEN clears Graham's qualitative criteria for the NCAV (Net-Net) investment grade. Therefore, its Intrinsic Value is equivalent to its NCAV (Net-Net) Price. However, since its Previous Close is Zero, SGEN's Intrinsic Value(%) too evaluates to Zero. But Graham also required his Intrinsic Value calculations to be adjusted for current bond yields.