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, Natera Inc’s stock clocked out at $95.55, down -0.11% from its previous closing price of $95.66. In other words, the price has decreased by -$0.11 from its previous closing price. On the day, 3.15 million shares were traded. NTRA stock price reached its highest trading level at $95.95 during the session, while it also had its lowest trading level at $93.05.
Ratios:
To gain a deeper understanding of NTRA’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.96 and its Current Ratio is at 4.10. In the meantime, Its Debt-to-Equity ratio is 0.58 whereas as Long-Term Debt/Eq ratio is at 0.46.
On February 20, 2024, Raymond James Downgraded its rating to Outperform which previously was Strong Buy and also upped its target price recommendation from $68 to $85.
BTIG Research reiterated its Buy rating for the stock on December 29, 2023, while the target price for the stock was revised from $75 to $85.
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 May 01 ’24 when Brophy Michael Burkes sold 1,866 shares for $93.97 per share. The transaction valued at 175,344 led to the insider holds 67,542 shares of the business.
Chapman Steven Leonard sold 4,084 shares of NTRA for $380,378 on Apr 29 ’24. The CEO AND PRESIDENT now owns 226,235 shares after completing the transaction at $93.14 per share. On Apr 29 ’24, another insider, Brophy Michael Burkes, who serves as the CHIEF FINANCIAL OFFICER of the company, sold 1,238 shares for $93.14 each. As a result, the insider received 115,306 and left with 69,408 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, NTRA now has a Market Capitalization of 11680223232 and an Enterprise Value of 11114714112. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.79 while its Price-to-Book (P/B) ratio in mrq is 14.93. Its current Enterprise Value per Revenue stands at 10.267 whereas that against EBITDA is -26.18.
Stock Price History:
Over the past 52 weeks, NTRA has reached a high of $98.82, while it has fallen to a 52-week low of $36.90. The 50-Day Moving Average of the stock is 4.40%, while the 200-Day Moving Average is calculated to be 49.00%.
Shares Statistics:
It appears that NTRA traded 1.37M shares on average per day over the past three months and 934270 shares per day over the past ten days. A total of 119.58M shares are outstanding, with a floating share count of 114.53M. Insiders hold about 6.31% of the company’s shares, while institutions hold 91.57% stake in the company. Shares short for NTRA as of 1713139200 were 5755249 with a Short Ratio of 4.21, compared to 1710460800 on 7953062. Therefore, it implies a Short% of Shares Outstanding of 5755249 and a Short% of Float of 4.95.
