Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $3.21 in the prior trading day, Kodiak Sciences Inc (NASDAQ: KOD) closed at $3.28, up 2.18%. In other words, the price has increased by $2.18 from its previous closing price. On the day, 0.56 million shares were traded. KOD stock price reached its highest trading level at $3.3 during the session, while it also had its lowest trading level at $3.01.
Ratios:
Our goal is to gain a better understanding of KOD by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 8.42 and its Current Ratio is at 8.42. In the meantime, Its Debt-to-Equity ratio is 0.94 whereas as Long-Term Debt/Eq ratio is at 0.88.
On September 05, 2024, H.C. Wainwright started tracking the stock assigning a Neutral rating and target price of $3.
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 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 172606064 and an Enterprise Value of 47775672.
Stock Price History:
The Beta on a monthly basis for KOD is 2.35, which has changed by -0.46405226 over the last 52 weeks, in comparison to a change of 0.086116076 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 $2.18. The 50-Day Moving Average of the stock is -39.50%, while the 200-Day Moving Average is calculated to be -26.66%.
Shares Statistics:
The stock has traded on average 382.50K shares per day over the past 3-months and 381610 shares per day over the last 10 days, according to various share statistics. A total of 52.62M shares are outstanding, with a floating share count of 48.50M. Insiders hold about 7.83% of the company’s shares, while institutions hold 78.05% stake in the company. Shares short for KOD as of 1740700800 were 2325113 with a Short Ratio of 6.08, compared to 1738281600 on 2037328. Therefore, it implies a Short% of Shares Outstanding of 2325113 and a Short% of Float of 7.180000000000001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
