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In the latest session, Nkarta Inc (NASDAQ: NKTX) closed at $6.43 up 1.26% from its previous closing price of $6.35. In other words, the price has increased by $1.26 from its previous closing price. On the day, 0.51 million shares were traded. NKTX stock price reached its highest trading level at $6.72 during the session, while it also had its lowest trading level at $6.2.
Ratios:
For a deeper understanding of Nkarta Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 19.95 and its Current Ratio is at 19.95. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.17.
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 the company, Raymond James on March 22, 2024, Downgraded its rating to Outperform and sets its target price to $16 from $13 previously.
On October 10, 2022, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $25.Canaccord Genuity initiated its Buy rating on October 10, 2022, with a $25 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 Jul 16 ’24 when Hager Alicia J. sold 3,396 shares for $8.00 per share. The transaction valued at 27,168 led to the insider holds 103,819 shares of the business.
HASTINGS PAUL J sold 1,770 shares of NKTX for $9,912 on Jun 18 ’24. The Chief Executive Officer now owns 240,737 shares after completing the transaction at $5.60 per share. On Jun 18 ’24, another insider, Hager Alicia J., who serves as the Chief Legal Officer of the company, sold 727 shares for $5.60 each. As a result, the insider received 4,071 and left with 107,215 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, NKTX now has a Market Capitalization of 477367712 and an Enterprise Value of 97249384.
Stock Price History:
Over the past 52 weeks, NKTX has reached a high of $16.24, while it has fallen to a 52-week low of $1.28. The 50-Day Moving Average of the stock is 1.69%, while the 200-Day Moving Average is calculated to be -5.83%.
Shares Statistics:
For the past three months, NKTX has traded an average of 789.86K shares per day and 570580 over the past ten days. A total of 49.18M shares are outstanding, with a floating share count of 41.44M. Insiders hold about 41.19% of the company’s shares, while institutions hold 62.29% stake in the company. Shares short for NKTX as of 1721001600 were 8354289 with a Short Ratio of 10.58, compared to 1718323200 on 5989900. Therefore, it implies a Short% of Shares Outstanding of 8354289 and a Short% of Float of 15.720001.
