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After finishing at $21.62 in the prior trading day, Intellia Therapeutics Inc (NASDAQ: NTLA) closed at $21.27, down -1.62%. In other words, the price has decreased by -$1.62 from its previous closing price. On the day, 0.86 million shares were traded. NTLA stock price reached its highest trading level at $22.13 during the session, while it also had its lowest trading level at $21.08.
Ratios:
Our goal is to gain a better understanding of NTLA by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 7.21 and its Current Ratio is at 7.21. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.09.
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, Goldman on February 23, 2024, Downgraded its rating to Neutral and sets its target price to $32 from $136 previously.
On April 13, 2023, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $66.Canaccord Genuity initiated its Buy rating on April 13, 2023, with a $66 target price.
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 Jul 01 ’24 when Clark Eliana sold 405 shares for $22.93 per share. The transaction valued at 9,287 led to the insider holds 71,470 shares of the business.
Verwiel Frank sold 1,505 shares of NTLA for $37,625 on Jun 17 ’24. The Director now owns 17,948 shares after completing the transaction at $25.00 per share. On Mar 04 ’24, another insider, BASTA JAMES, who serves as the EVP, General Counsel of the company, sold 2,297 shares for $32.99 each. As a result, the insider received 75,778 and left with 81,571 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, NTLA now has a Market Capitalization of 2195127808 and an Enterprise Value of 1611369088. For the stock, the TTM Price-to-Sale (P/S) ratio is 47.00 while its Price-to-Book (P/B) ratio in mrq is 2.15. Its current Enterprise Value per Revenue stands at 35.055 whereas that against EBITDA is -3.134.
Stock Price History:
Over the past 52 weeks, NTLA has reached a high of $38.71, while it has fallen to a 52-week low of $19.37. The 50-Day Moving Average of the stock is -10.72%, while the 200-Day Moving Average is calculated to be -18.20%.
Shares Statistics:
The stock has traded on average 1.53M shares per day over the past 3-months and 1016850 shares per day over the last 10 days, according to various share statistics. A total of 101.58M shares are outstanding, with a floating share count of 99.69M. Insiders hold about 1.86% of the company’s shares, while institutions hold 85.90% stake in the company. Shares short for NTLA as of 1723680000 were 13820274 with a Short Ratio of 9.01, compared to 1721001600 on 13848364. Therefore, it implies a Short% of Shares Outstanding of 13820274 and a Short% of Float of 15.5.
