Kineta Inc (NASDAQ: KA) closed the day trading at $0.43 down -20.37% from the previous closing price of $0.54. In other words, the price has decreased by -$0.1095 from its previous closing price. On the day, 1214819 shares were traded.
Ratios:
For a better understanding of KA, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.85 and its Current Ratio is at 0.85. In the meantime, Its Debt-to-Equity ratio is 0.46 whereas as Long-Term Debt/Eq ratio is at 0.05.
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 Dec 06 ’23 when Bartoszek Raymond J. bought 250 shares for $4.50 per share. The transaction valued at 1,125 led to the insider holds 17,206 shares of the business.
Bartoszek Raymond J. bought 1,000 shares of KA for $4,500 on Dec 05 ’23. The Director now owns 16,956 shares after completing the transaction at $4.50 per share. On Dec 04 ’23, another insider, Bartoszek Raymond J., who serves as the Director of the company, bought 1,000 shares for $4.33 each. As a result, the insider paid 4,325 and bolstered with 15,956 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, KA now has a Market Capitalization of 4.71M and an Enterprise Value of 247.86k. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.87 while its Price-to-Book (P/B) ratio in mrq is 1.55. Its current Enterprise Value per Revenue stands at 0.05 whereas that against EBITDA is -0.02.
Stock Price History:
Over the past 52 weeks, KA has reached a high of $5.39, while it has fallen to a 52-week low of $0.41. The 50-Day Moving Average of the stock is 1.4743, while the 200-Day Moving Average is calculated to be 2.5819.
Shares Statistics:
Over the past 3-months, KA traded about 194.86K shares per day on average, while over the past 10 days, KA traded about 741.84k shares per day. A total of 10.40M shares are outstanding, with a floating share count of 7.56M. Insiders hold about 31.05% of the company’s shares, while institutions hold 11.98% stake in the company. Shares short for KA as of Mar 15, 2024 were 75.26k with a Short Ratio of 0.39, compared to 25.33k on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.72% and a Short% of Float of 1.04%.
Earnings Estimates
Current recommendations for the stock of the company come from 1 analysts. On average, analysts expect EPS of -$0.21 for the current quarter, with a high estimate of -$0.21 and a low estimate of -$0.21, while EPS last year was -$0.77. The consensus estimate for the next quarter is -$0.22, with high estimates of -$0.22 and low estimates of -$0.22.
Analysts are recommending an EPS of between -$1.41 and -$1.41 for the fiscal current year, implying an average EPS of -$1.41. EPS for the following year is -$1.35, with 1 analysts recommending between -$1.35 and -$1.35.
