Insider’s View: Deciphering Kodiak Sciences Inc (KOD)’s Financial Health Through Ratios

In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.

The price of Kodiak Sciences Inc (NASDAQ: KOD) closed at $3.99 in the last session, up 9.62% from day before closing price of $3.64. In other words, the price has increased by $9.62 from its previous closing price. On the day, 0.82 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 6.72 and its Current Ratio is at 6.72. In the meantime, Its Debt-to-Equity ratio is 1.13 whereas as Long-Term Debt/Eq ratio is at 1.06.

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 $1.92. The 50-Day Moving Average of the stock is 14.67%, while the 200-Day Moving Average is calculated to be -10.98%.

Shares Statistics:

A total of 52.73M shares are outstanding, with a floating share count of 48.62M. Insiders hold about 7.83% of the company’s shares, while institutions hold 77.80% stake in the company.

Most Popular