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The price of Nkarta Inc (NASDAQ: NKTX) closed at $2.44 in the last session, down -1.21% from day before closing price of $2.47. In other words, the price has decreased by -$1.21 from its previous closing price. On the day, 1.33 million shares were traded. NKTX stock price reached its highest trading level at $2.52 during the session, while it also had its lowest trading level at $2.35.
Ratios:
We take a closer look at NKTX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 12.91 and its Current Ratio is at 12.91. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.18.
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 October 09, 2024, initiated with a Buy rating and assigned the stock a target price of $14.
On August 14, 2024, Raymond James Upgraded its rating to Strong Buy which previously was Outperform but kept the price unchanged to $16.
Raymond James Downgraded its Strong Buy to Outperform on March 22, 2024, whereas the target price for the stock was revised from $13 to $16.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jan 15 ’25 when Shook David sold 8,638 shares for $2.20 per share. The transaction valued at 19,004 led to the insider holds 190,955 shares of the business.
Levin Alyssa sold 5,838 shares of NKTX for $12,844 on Jan 15 ’25. The insider now owns 102,662 shares after completing the transaction at $2.20 per share. On Jan 15 ’25, another insider, Brandenberger Ralph, who serves as the Chief Technical Officer of the company, sold 7,447 shares for $2.20 each. As a result, the insider received 16,383 and left with 124,796 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 172187872 and an Enterprise Value of -25418240.
Stock Price History:
The Beta on a monthly basis for NKTX is 0.86, which has changed by -0.7024096 over the last 52 weeks, in comparison to a change of 0.23171377 over the same period for the S&P500. Over the past 52 weeks, NKTX has reached a high of $16.24, while it has fallen to a 52-week low of $2.08. The 50-Day Moving Average of the stock is -4.82%, while the 200-Day Moving Average is calculated to be -51.47%.
Shares Statistics:
According to the various share statistics, NKTX traded on average about 1.56M shares per day over the past 3-months and 1241700 shares per day over the past 10 days. A total of 70.57M shares are outstanding, with a floating share count of 45.57M. Insiders hold about 35.43% of the company’s shares, while institutions hold 69.90% stake in the company. Shares short for NKTX as of 1735603200 were 9953939 with a Short Ratio of 6.40, compared to 1732838400 on 6646819. Therefore, it implies a Short% of Shares Outstanding of 9953939 and a Short% of Float of 18.7.
Earnings Estimates
Investors are keenly observing as 4.0 analysts analyze and rate the current performance of Nkarta Inc (NKTX) in the stock market.The consensus estimate for the next quarter is -$0.43, with high estimates of -$0.42 and low estimates of -$0.44.
Analysts are recommending an EPS of between -$1.61 and -$1.74 for the fiscal current year, implying an average EPS of -$1.67. EPS for the following year is -$1.85, with 4.0 analysts recommending between -$1.71 and -$2.16.
