The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
The closing price of Nkarta Inc (NASDAQ: NKTX) was $2.63 for the day, up 10.04% from the previous closing price of $2.39. In other words, the price has increased by $10.04 from its previous closing price. On the day, 1.64 million shares were traded. NKTX stock price reached its highest trading level at $2.64 during the session, while it also had its lowest trading level at $2.37.
Ratios:
Our analysis of NKTX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 15.67 and its Current Ratio is at 15.67. In the meantime, Its Debt-to-Equity ratio is 0.22 whereas as Long-Term Debt/Eq ratio is at 0.20.
On October 09, 2024, Rodman & Renshaw started tracking the stock assigning a Buy rating and target price of $14.
Raymond James Upgraded its Outperform to Strong Buy on August 14, 2024, while the target price for the stock was maintained at $16.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 18 ’25 when HASTINGS PAUL J sold 1,790 shares for $1.79 per share. The transaction valued at 3,204 led to the insider holds 320,069 shares of the business.
Shook David sold 8,638 shares of NKTX for $19,004 on Jan 15 ’25. The insider now owns 190,955 shares after completing the transaction at $2.20 per share. On Jan 15 ’25, another insider, Levin Alyssa, who serves as the insider of the company, sold 5,838 shares for $2.20 each. As a result, the insider received 12,844 and left with 102,662 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, NKTX now has a Market Capitalization of 186794480 and an Enterprise Value of -24350534.
Stock Price History:
The Beta on a monthly basis for NKTX is 0.84, which has changed by -0.40249997 over the last 52 weeks, in comparison to a change of 0.14201736 over the same period for the S&P500. Over the past 52 weeks, NKTX has reached a high of $4.55, while it has fallen to a 52-week low of $1.31. The 50-Day Moving Average of the stock is 22.95%, while the 200-Day Moving Average is calculated to be 31.57%.
Shares Statistics:
NKTX traded an average of 729.16K shares per day over the past three months and 1419130 shares per day over the past ten days. A total of 71.02M shares are outstanding, with a floating share count of 53.12M. Insiders hold about 25.21% of the company’s shares, while institutions hold 72.40% stake in the company. Shares short for NKTX as of 1759190400 were 8546639 with a Short Ratio of 11.72, compared to 1756425600 on 8774845. Therefore, it implies a Short% of Shares Outstanding of 8546639 and a Short% of Float of 15.939999999999998.
Earnings Estimates
The stock of Nkarta Inc (NKTX) is currently being evaluated by 3.0 analysts who are actively contributing to its market rating.The consensus estimate for the next quarter is -$0.31, with high estimates of -$0.28 and low estimates of -$0.32.
Analysts are recommending an EPS of between -$1.31 and -$1.38 for the fiscal current year, implying an average EPS of -$1.36. EPS for the following year is -$1.39, with 2.0 analysts recommending between -$1.15 and -$1.63.
