The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
After finishing at $1.84 in the prior trading day, Nkarta Inc (NASDAQ: NKTX) closed at $1.82, down -1.09%. In other words, the price has decreased by -$1.09 from its previous closing price. On the day, 0.54 million shares were traded. NKTX stock price reached its highest trading level at $1.85 during the session, while it also had its lowest trading level at $1.8.
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 129273712 and an Enterprise Value of -76423288.
Stock Price History:
The Beta on a monthly basis for NKTX is 0.61, which has changed by -0.15207374 over the last 52 weeks, in comparison to a change of 0.16081822 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 -10.11%, while the 200-Day Moving Average is calculated to be -6.30%.
Shares Statistics:
The stock has traded on average 901.99K shares per day over the past 3-months and 637780 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 1764288000 were 10309675 with a Short Ratio of 11.43, compared to 1761868800 on 9049362. Therefore, it implies a Short% of Shares Outstanding of 10309675 and a Short% of Float of 19.229999.
Earnings Estimates
A comprehensive evaluation of Nkarta Inc (NKTX) is underway, with the input of 3.0 analysts contributing to its current rating.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.
