The price of Kodiak Sciences Inc (NASDAQ: KOD) closed at $4.12 in the last session, up 0.98% from day before closing price of $4.08. In other words, the price has increased by $+0.0400 from its previous closing price. On the day, 597700 shares were traded. KOD stock price reached its highest trading level at $4.2600 during the session, while it also had its lowest trading level at $4.0000.
Ratios:
We take a closer look at KOD’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 6.93 and its Current Ratio is at 6.93. In the meantime, Its Debt-to-Equity ratio is 0.68 whereas as Long-Term Debt/Eq ratio is at 0.65.
On November 17, 2023, CapitalOne Upgraded its rating to Overweight which previously was Equal Weight and also upped its target price recommendation from $7 to $12.
UBS Downgraded its Buy to Neutral on July 27, 2023, whereas the target price for the stock was revised from $15 to $4.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 16 ’23 when BORGESON JOHN A. sold 2,749 shares for $9.23 per share. The transaction valued at 25,373 led to the insider holds 178,077 shares of the business.
EHRLICH JASON sold 2,258 shares of KOD for $20,841 on Jun 16 ’23. The insider now owns 61,924 shares after completing the transaction at $9.23 per share. On Jun 14 ’23, another insider, BORGESON JOHN A., who serves as the insider of the company, sold 1,448 shares for $9.42 each. As a result, the insider received 13,640 and left with 175,332 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KOD now has a Market Capitalization of 216.34M and an Enterprise Value of 12.46M.
Stock Price History:
Over the past 52 weeks, KOD has reached a high of $9.80, while it has fallen to a 52-week low of $1.37. The 50-Day Moving Average of the stock is 5.3712, while the 200-Day Moving Average is calculated to be 3.6925.
Shares Statistics:
According to the various share statistics, KOD traded on average about 925.78K shares per day over the past 3-months and 1.65M shares per day over the past 10 days. A total of 52.51M shares are outstanding, with a floating share count of 48.65M. Insiders hold about 7.36% of the company’s shares, while institutions hold 76.81% stake in the company. Shares short for KOD as of Mar 15, 2024 were 2.02M with a Short Ratio of 2.19, compared to 1.79M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.86% and a Short% of Float of 5.88%.
Earnings Estimates
The company has 4 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$1.13 for the current quarter, with a high estimate of -$1.03 and a low estimate of -$1.25, while EPS last year was -$1.35. The consensus estimate for the next quarter is -$1.22, with high estimates of -$1.05 and low estimates of -$1.59.
Analysts are recommending an EPS of between -$3.42 and -$6.02 for the fiscal current year, implying an average EPS of -$4.58. EPS for the following year is -$3.93, with 5 analysts recommending between -$1.02 and -$6.02.
