Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of Kodiak Sciences Inc (NASDAQ: KOD) was $4.06 for the day, up 9.43% from the previous closing price of $3.71. In other words, the price has increased by $9.43 from its previous closing price. On the day, 0.67 million shares were traded. KOD stock price reached its highest trading level at $4.52 during the session, while it also had its lowest trading level at $3.71.
Ratios:
Our analysis of KOD’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 4.62 and its Current Ratio is at 4.62. In the meantime, Its Debt-to-Equity ratio is 1.54 whereas as Long-Term Debt/Eq ratio is at 1.44.
On September 05, 2024, H.C. Wainwright started tracking the stock assigning a Neutral rating and target price of $3.
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 17 ’24 when BORGESON JOHN A. sold 2,874 shares for $2.75 per share. The transaction valued at 7,904 led to the insider holds 182,164 shares of the business.
BORGESON JOHN A. sold 1,558 shares of KOD for $4,549 on Jun 12 ’24. The insider now owns 179,544 shares after completing the transaction at $2.92 per share.
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 214219808 and an Enterprise Value of 142466976.
Stock Price History:
The Beta on a monthly basis for KOD is 2.27, which has changed by 0.24539876 over the last 52 weeks, in comparison to a change of 0.11936104 over the same period for the S&P500. Over the past 52 weeks, KOD has reached a high of $11.60, while it has fallen to a 52-week low of $1.92. The 50-Day Moving Average of the stock is 20.60%, while the 200-Day Moving Average is calculated to be -11.57%.
Shares Statistics:
KOD traded an average of 416.24K shares per day over the past three months and 434390 shares per day over the past ten days. A total of 52.75M shares are outstanding, with a floating share count of 48.63M. Insiders hold about 7.83% of the company’s shares, while institutions hold 78.52% stake in the company. Shares short for KOD as of 1745971200 were 3613894 with a Short Ratio of 8.68, compared to 1743379200 on 3187372. Therefore, it implies a Short% of Shares Outstanding of 3613894 and a Short% of Float of 11.1099996.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
