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The price of Nkarta Inc (NASDAQ: NKTX) closed at $5.21 in the last session, down -3.16% from day before closing price of $5.38. In other words, the price has decreased by -$3.16 from its previous closing price. On the day, 0.71 million shares were traded. NKTX stock price reached its highest trading level at $5.3953 during the session, while it also had its lowest trading level at $5.18.
Ratios:
We take a closer look at NKTX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 15.91 and its Current Ratio is at 15.91. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.18.
On March 22, 2024, Raymond James Downgraded its rating to Outperform which previously was Strong Buy and also upped its target price recommendation from $13 to $16.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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.
Trager James sold 456 shares of NKTX for $2,554 on Jun 18 ’24. The Chief Scientific Officer now owns 150,959 shares after completing the transaction at $5.60 per share. On Jun 18 ’24, another insider, HASTINGS PAUL J, who serves as the Chief Executive Officer of the company, sold 1,770 shares for $5.60 each. As a result, the insider received 9,912 and left with 240,737 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 367611360 and an Enterprise Value of 128363112.
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 -10.90%, while the 200-Day Moving Average is calculated to be -29.67%.
Shares Statistics:
According to the various share statistics, NKTX traded on average about 697.68K shares per day over the past 3-months and 503610 shares per day over the past 10 days. A total of 49.18M shares are outstanding, with a floating share count of 42.86M. Insiders hold about 39.25% of the company’s shares, while institutions hold 64.49% stake in the company. Shares short for NKTX as of 1724976000 were 8351270 with a Short Ratio of 11.97, compared to 1722384000 on 7132384. Therefore, it implies a Short% of Shares Outstanding of 8351270 and a Short% of Float of 15.689998999999998.
