Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The closing price of Nkarta Inc (NASDAQ: NKTX) was $1.96 for the day, down -5.31% from the previous closing price of $2.07. In other words, the price has decreased by -$5.31 from its previous closing price. On the day, 0.96 million shares were traded. NKTX stock price reached its highest trading level at $2.07 during the session, while it also had its lowest trading level at $1.96.
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 15.23 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:
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.
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 139217840 and an Enterprise Value of -66479156.
Stock Price History:
The Beta on a monthly basis for NKTX is 0.55, which has changed by -0.16194332 over the last 52 weeks, in comparison to a change of 0.15507638 over the same period for the S&P500. Over the past 52 weeks, NKTX has reached a high of $2.74, while it has fallen to a 52-week low of $1.31. The 50-Day Moving Average of the stock is 4.14%, while the 200-Day Moving Average is calculated to be -0.29%.
Shares Statistics:
NKTX traded an average of 799.19K shares per day over the past three months and 792900 shares per day over the past ten days. A total of 71.02M shares are outstanding, with a floating share count of 56.56M. Insiders hold about 20.37% of the company’s shares, while institutions hold 71.40% stake in the company. Shares short for NKTX as of 1767139200 were 6020166 with a Short Ratio of 7.53, compared to 1764288000 on 10309675. Therefore, it implies a Short% of Shares Outstanding of 6020166 and a Short% of Float of 11.229999.
Earnings Estimates
Its stock is currently analyzed by 3.0 different market analysts. 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.
