In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of Kodiak Sciences Inc (NASDAQ: KOD) closed at $3.72 in the last session, up 2.76% from day before closing price of $3.62. In other words, the price has increased by $2.76 from its previous closing price. On the day, 0.67 million shares were traded.
Ratios:
We take a closer look at KOD’s different ratios to gain a better understanding of the stock. 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:
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 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.
Stock Price History:
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 -43.17%, while the 200-Day Moving Average is calculated to be -16.54%.
Shares 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 78.09% stake in the company.
