For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
As of close of business last night, Kineta Inc’s stock clocked out at $0.49, up 3.43% from its previous closing price of $0.47. In other words, the price has increased by $3.43 from its previous closing price. On the day, 0.84 million shares were traded. KA stock price reached its highest trading level at $0.5498 during the session, while it also had its lowest trading level at $0.411.
Ratios:
To gain a deeper understanding of KA’s stock, we examine 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:
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 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 5328871 and an Enterprise Value of 1031851. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.98 while its Price-to-Book (P/B) ratio in mrq is 1.75. Its current Enterprise Value per Revenue stands at 0.19 whereas that against EBITDA is -0.066.
Stock Price History:
The Beta on a monthly basis for KA is 0.59, which has changed by -0.8791045 over the last 52 weeks, in comparison to a change of 0.21231294 over the same period for the S&P500. Over the past 52 weeks, KA has reached a high of $5.39, while it has fallen to a 52-week low of $0.33. The 50-Day Moving Average of the stock is -59.99%, while the 200-Day Moving Average is calculated to be -80.70%.
Shares Statistics:
It appears that KA traded 328.93K shares on average per day over the past three months and 1514220 shares per day over the past ten days. A total of 10.40M shares are outstanding, with a floating share count of 7.74M. Insiders hold about 29.44% of the company’s shares, while institutions hold 11.98% stake in the company. Shares short for KA as of 1711584000 were 61827 with a Short Ratio of 0.19, compared to 1709164800 on 19977. Therefore, it implies a Short% of Shares Outstanding of 61827 and a Short% of Float of 0.7900001.
Earnings Estimates
The current assessment of Kineta Inc (KA) involves the perspectives of Boeing Company (The) analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is $58.91, with high estimates of $454.70 and low estimates of $35.47.
Analysts are recommending an EPS of between $Financial Services and $Basic Materials for the fiscal current year, implying an average EPS of $Consumer Defensive.
