The closing price of Fulcrum Therapeutics Inc (NASDAQ: FULC) was $8.45 for the day, down -0.82% from the previous closing price of $8.52. In other words, the price has decreased by -$0.07 from its previous closing price. On the day, 646774 shares were traded.
Ratios:
Our analysis of FULC’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 17.71 and its Current Ratio is at 17.71. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.04.
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, RBC Capital Mkts on March 13, 2024, initiated with a Outperform rating and assigned the stock a target price of $14.
On September 25, 2023, Goldman started tracking the stock assigning a Neutral rating and target price of $5.
H.C. Wainwright Upgraded its Neutral to Buy on August 23, 2023, whereas the target price for the stock was revised from $5 to $14.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 08 ’24 when Tourangeau Greg sold 4,884 shares for $11.72 per share. The transaction valued at 57,219 led to the insider holds 11,807 shares of the business.
Sapir Alex bought 43,360 shares of FULC for $492,028 on Mar 04 ’24. The insider now owns 43,360 shares after completing the transaction at $11.35 per share. On May 10 ’23, another insider, Tourangeau Greg, who serves as the Principal Accounting Officer of the company, sold 210 shares for $3.31 each. As a result, the insider received 695 and left with 15,992 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, FULC now has a Market Capitalization of 522.73M and an Enterprise Value of 297.33M. For the stock, the TTM Price-to-Sale (P/S) ratio is 186.26 while its Price-to-Book (P/B) ratio in mrq is 2.22. Its current Enterprise Value per Revenue stands at 106.00 whereas that against EBITDA is -2.74.
Stock Price History:
Over the past 52 weeks, FULC has reached a high of $13.70, while it has fallen to a 52-week low of $2.25. The 50-Day Moving Average of the stock is 9.50, while the 200-Day Moving Average is calculated to be 5.88.
Shares Statistics:
FULC traded an average of 670.77K shares per day over the past three months and 548.05k shares per day over the past ten days. A total of 61.92M shares are outstanding, with a floating share count of 58.69M. Insiders hold about 5.24% of the company’s shares, while institutions hold 95.25% stake in the company. Shares short for FULC as of Mar 15, 2024 were 2.39M with a Short Ratio of 3.56, compared to 3.22M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.86% and a Short% of Float of 4.76%.
Earnings Estimates
The firm’s stock currently is rated by 8 analysts. On average, analysts expect EPS of -$0.44 for the current quarter, with a high estimate of -$0.39 and a low estimate of -$0.46, while EPS last year was -$0.41. The consensus estimate for the next quarter is -$0.44, with high estimates of -$0.38 and low estimates of -$0.48.
Analysts are recommending an EPS of between -$1.5 and -$1.93 for the fiscal current year, implying an average EPS of -$1.75. EPS for the following year is -$1.71, with 8 analysts recommending between -$1.09 and -$2.15.
