Market Insights: Arcutis Biotherapeutics Inc (ARQT)’s Notable Gain of 0.13, Closing at 14.99

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As of close of business last night, Arcutis Biotherapeutics Inc’s stock clocked out at $14.99, up 0.13% from its previous closing price of $14.97. In other words, the price has increased by $0.13 from its previous closing price. On the day, 1.27 million shares were traded. ARQT stock price reached its highest trading level at $15.1 during the session, while it also had its lowest trading level at $14.432.

Ratios:

To gain a deeper understanding of ARQT’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.38 and its Current Ratio is at 2.46. In the meantime, Its Debt-to-Equity ratio is 1.33 whereas as Long-Term Debt/Eq ratio is at 0.69.

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, Jefferies on August 28, 2024, initiated with a Buy rating and assigned the stock a target price of $15.

On January 03, 2024, Mizuho Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $4 to $8.

Mizuho Downgraded its Buy to Neutral on October 26, 2023, whereas the target price for the stock was revised from $57 to $4.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 20 ’24 when Watanabe Todd Franklin sold 15,000 shares for $15.17 per share. The transaction valued at 227,566 led to the insider holds 823,430 shares of the business.

Watanabe Todd Franklin bought 15,000 shares of ARQT for $227,567 on Dec 20 ’24. On Nov 30 ’24, another insider, Edwards Larry Todd, who serves as the insider of the company, bought 1,093 shares for $7.11 each. As a result, the insider paid 7,767 and bolstered with 137,728 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, ARQT now has a Market Capitalization of 1754504576 and an Enterprise Value of 1632115456. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.67 while its Price-to-Book (P/B) ratio in mrq is 11.20. Its current Enterprise Value per Revenue stands at 11.767 whereas that against EBITDA is -9.097.

Stock Price History:

Over the past 52 weeks, ARQT has reached a high of $15.79, while it has fallen to a 52-week low of $2.96. The 50-Day Moving Average of the stock is 37.48%, while the 200-Day Moving Average is calculated to be 51.68%.

Shares Statistics:

It appears that ARQT traded 2.07M shares on average per day over the past three months and 2686120 shares per day over the past ten days. A total of 117.00M shares are outstanding, with a floating share count of 102.95M. Insiders hold about 12.04% of the company’s shares, while institutions hold 103.02% stake in the company. Shares short for ARQT as of 1732838400 were 23527848 with a Short Ratio of 11.17, compared to 1730332800 on 27755696. Therefore, it implies a Short% of Shares Outstanding of 23527848 and a Short% of Float of 24.870001.

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