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Nektar Therapeutics (NASDAQ: NKTR) closed the day trading at $1.17 up 5.41% from the previous closing price of $1.11. In other words, the price has increased by $5.41 from its previous closing price. On the day, 0.97 million shares were traded. NKTR stock price reached its highest trading level at $1.27 during the session, while it also had its lowest trading level at $1.13.
Ratios:
For a better understanding of NKTR, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.90 and its Current Ratio is at 5.15. In the meantime, Its Debt-to-Equity ratio is 2.76 whereas as Long-Term Debt/Eq ratio is at 2.49.
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 this company, Rodman & Renshaw on June 28, 2024, initiated with a Buy rating and assigned the stock a target price of $2.
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 Aug 19 ’24 when Zalevsky Jonathan sold 6,866 shares for $1.28 per share. The transaction valued at 8,788 led to the insider holds 250,804 shares of the business.
Wilson Mark Andrew sold 5,651 shares of NKTR for $7,233 on Aug 19 ’24. The Chief Legal Officer now owns 225,263 shares after completing the transaction at $1.28 per share. On Aug 19 ’24, another insider, ROBIN HOWARD W, who serves as the President & CEO of the company, sold 14,881 shares for $1.28 each. As a result, the insider received 19,048 and left with 848,358 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, NKTR now has a Market Capitalization of 215372432 and an Enterprise Value of 163743984. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.31 while its Price-to-Book (P/B) ratio in mrq is 2.70. Its current Enterprise Value per Revenue stands at 1.758 whereas that against EBITDA is -1.272.
Stock Price History:
Over the past 52 weeks, NKTR has reached a high of $1.93, while it has fallen to a 52-week low of $0.41. The 50-Day Moving Average of the stock is -7.11%, while the 200-Day Moving Average is calculated to be 7.86%.
Shares Statistics:
Over the past 3-months, NKTR traded about 1.46M shares per day on average, while over the past 10 days, NKTR traded about 924520 shares per day. A total of 191.38M shares are outstanding, with a floating share count of 177.81M. Insiders hold about 3.41% of the company’s shares, while institutions hold 71.63% stake in the company. Shares short for NKTR as of 1726185600 were 7764314 with a Short Ratio of 5.33, compared to 1723680000 on 8473759. Therefore, it implies a Short% of Shares Outstanding of 7764314 and a Short% of Float of 5.390000000000001.
