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The closing price of Akero Therapeutics Inc (NASDAQ: AKRO) was $55.75 for the day, up 0.23% from the previous closing price of $55.62. In other words, the price has increased by $0.23 from its previous closing price. On the day, 1.52 million shares were traded.
Ratios:
Our analysis of AKRO’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 16.80 and its Current Ratio is at 16.80. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.03.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on January 30, 2025, Upgraded its rating to Buy and sets its target price to $63 from $35 previously.
On January 27, 2025, H.C. Wainwright reiterated its Buy rating and also lowered its target price recommendation from $50 to $72.
On November 18, 2024, Citigroup started tracking the stock assigning a Buy rating and target price of $65.Citigroup initiated its Buy rating on November 18, 2024, with a $65 target price.
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 10 ’25 when Cheng Andrew sold 37,837 shares for $54.05 per share. The transaction valued at 2,044,940 led to the insider holds 556,487 shares of the business.
Rolph Timothy sold 2,358 shares of AKRO for $127,323 on Jun 10 ’25. The Chief Scientific Officer now owns 167,363 shares after completing the transaction at $54.00 per share. On Jun 10 ’25, another insider, White William Richard, who serves as the Chief Financial Officer of the company, sold 2,804 shares for $53.99 each. As a result, the insider received 151,402 and left with 59,155 shares of the company.
Stock Price History:
Over the past 52 weeks, AKRO has reached a high of $58.40, while it has fallen to a 52-week low of $21.02. The 50-Day Moving Average of the stock is 26.51%, while the 200-Day Moving Average is calculated to be 50.09%.
Shares Statistics:
A total of 79.67M shares are outstanding, with a floating share count of 71.74M. Insiders hold about 10.01% of the company’s shares, while institutions hold 101.98% stake in the company.
