Kura Oncology Inc’s Market Journey: Closing Weak at 7.69, Down -1.03

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The closing price of Kura Oncology Inc (NASDAQ: KURA) was $7.69 for the day, down -1.03% from the previous closing price of $7.77. In other words, the price has decreased by -$1.03 from its previous closing price. On the day, 1.05 million shares were traded. KURA stock price reached its highest trading level at $7.87 during the session, while it also had its lowest trading level at $7.52.

Ratios:

Our analysis of KURA’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 11.47 and its Current Ratio is at 11.47. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.

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, UBS on October 24, 2024, initiated with a Buy rating and assigned the stock a target price of $27.

On October 14, 2024, Stifel Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $26 to $19.

On December 22, 2023, Mizuho started tracking the stock assigning a Buy rating and target price of $26.Mizuho initiated its Buy rating on December 22, 2023, with a $26 target price.

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 Jan 28 ’25 when DOYLE THOMAS JAMES sold 4,949 shares for $7.87 per share. The transaction valued at 38,958 led to the insider holds 88,193 shares of the business.

Leoni Mollie sold 4,963 shares of KURA for $39,068 on Jan 28 ’25. The Chief Medical Officer now owns 88,253 shares after completing the transaction at $7.87 per share. On Jan 28 ’25, another insider, Bair Teresa Brophy, who serves as the Chief Legal Officer of the company, sold 7,281 shares for $7.87 each. As a result, the insider received 57,315 and left with 107,948 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, KURA now has a Market Capitalization of 598003648 and an Enterprise Value of 159335232.

Stock Price History:

The Beta on a monthly basis for KURA is 0.77, which has changed by -0.630352 over the last 52 weeks, in comparison to a change of 0.23095727 over the same period for the S&P500. Over the past 52 weeks, KURA has reached a high of $24.17, while it has fallen to a 52-week low of $6.98. The 50-Day Moving Average of the stock is -21.50%, while the 200-Day Moving Average is calculated to be -55.65%.

Shares Statistics:

KURA traded an average of 1.89M shares per day over the past three months and 1480300 shares per day over the past ten days. A total of 77.75M shares are outstanding, with a floating share count of 65.23M. Insiders hold about 16.12% of the company’s shares, while institutions hold 97.64% stake in the company. Shares short for KURA as of 1736899200 were 8139947 with a Short Ratio of 4.30, compared to 1734048000 on 8888988. Therefore, it implies a Short% of Shares Outstanding of 8139947 and a Short% of Float of 10.569999.

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