Market Insight: Kura Oncology Inc (KURA)’s Notable Drop, Closing at 16.49

Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

In the latest session, Kura Oncology Inc (NASDAQ: KURA) closed at $16.49 down -7.10% from its previous closing price of $17.75. In other words, the price has decreased by -$7.10 from its previous closing price. On the day, 0.73 million shares were traded. KURA stock price reached its highest trading level at $17.93 during the session, while it also had its lowest trading level at $16.41.

Ratios:

For a deeper understanding of Kura Oncology Inc’s stock, let’s take a closer look at its various ratios. 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:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 20 ’24 when Bair Teresa Brophy sold 2,615 shares for $22.15 per share. The transaction valued at 57,916 led to the insider holds 68,979 shares of the business.

DOYLE THOMAS JAMES sold 2,318 shares of KURA for $41,262 on Jan 29 ’24. The SVP, Finance & Accounting now owns 48,093 shares after completing the transaction at $17.80 per share. On Jan 29 ’24, another insider, Bair Teresa Brophy, who serves as the Chief Legal Officer of the company, sold 2,053 shares for $17.80 each. As a result, the insider received 36,544 and left with 68,979 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 1378752000 and an Enterprise Value of 843656256.

Stock Price History:

Over the past 52 weeks, KURA has reached a high of $24.17, while it has fallen to a 52-week low of $8.80. The 50-Day Moving Average of the stock is -11.20%, while the 200-Day Moving Average is calculated to be -18.08%.

Shares Statistics:

For the past three months, KURA has traded an average of 548.56K shares per day and 876960 over the past ten days. A total of 74.35M shares are outstanding, with a floating share count of 65.88M. Insiders hold about 15.28% of the company’s shares, while institutions hold 88.10% stake in the company. Shares short for KURA as of 1730332800 were 10801665 with a Short Ratio of 19.69, compared to 1727654400 on 10189166. Therefore, it implies a Short% of Shares Outstanding of 10801665 and a Short% of Float of 14.029999000000002.

Most Popular