Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $1.74 in the prior trading day, Nkarta Inc (NASDAQ: NKTX) closed at $1.78, up 2.30%. In other words, the price has increased by $2.30 from its previous closing price. On the day, 0.62 million shares were traded. NKTX stock price reached its highest trading level at $1.81 during the session, while it also had its lowest trading level at $1.73.
Ratios:
Our goal is to gain a better understanding of NKTX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 15.23 and its Current Ratio is at 15.23. In the meantime, Its Debt-to-Equity ratio is 0.23 whereas as Long-Term Debt/Eq ratio is at 0.21.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 126432528 and an Enterprise Value of -79264472.
Stock Price History:
The Beta on a monthly basis for NKTX is 0.62, which has changed by -0.34090906 over the last 52 weeks, in comparison to a change of 0.12415576 over the same period for the S&P500. Over the past 52 weeks, NKTX has reached a high of $3.16, while it has fallen to a 52-week low of $1.31. The 50-Day Moving Average of the stock is -13.93%, while the 200-Day Moving Average is calculated to be -8.50%.
Shares Statistics:
The stock has traded on average 896.55K shares per day over the past 3-months and 629270 shares per day over the last 10 days, according to various share statistics. A total of 71.02M shares are outstanding, with a floating share count of 56.81M. Insiders hold about 20.02% of the company’s shares, while institutions hold 71.43% stake in the company. Shares short for NKTX as of 1763078400 were 9616203 with a Short Ratio of 10.73, compared to 1760486400 on 9591414. Therefore, it implies a Short% of Shares Outstanding of 9616203 and a Short% of Float of 17.930001.
Earnings Estimates
The stock of Nkarta Inc (NKTX) is currently drawing attention from 3.0 analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is -$0.31, with high estimates of -$0.28 and low estimates of -$0.34.
Analysts are recommending an EPS of between -$1.33 and -$1.36 for the fiscal current year, implying an average EPS of -$1.34. EPS for the following year is -$1.31, with 3.0 analysts recommending between -$1.15 and -$1.5.
