Nkarta Inc. (NASDAQ: NKTX) closed the day trading at $1.63 down -0.61% from the previous closing price of $1.64. In other words, the price has decreased by -$0.0100 from its previous closing price. On the day, 713484 shares were traded. NKTX stock price reached its highest trading level at $1.6750 during the session, while it also had its lowest trading level at $1.5800.
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Ratios:
For a better understanding of NKTX, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 10.80 and its Current Ratio is at 10.80. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 21 when Shook David sold 1,331 shares for $1.83 per share. The transaction valued at 2,436 led to the insider holds 60,532 shares of the business.
HASTINGS PAUL J sold 1,704 shares of NKTX for $8,264 on Jun 20. The Chief Executive Officer now owns 313,402 shares after completing the transaction at $4.85 per share. On Jun 20, another insider, Hager Alicia J., who serves as the Chief Legal Officer of the company, sold 701 shares for $4.85 each. As a result, the insider received 3,400 and left with 56,496 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 79.96M and an Enterprise Value of -110.29M.
Stock Price History:
Over the past 52 weeks, NKTX has reached a high of $14.57, while it has fallen to a 52-week low of $1.55. The 50-Day Moving Average of the stock is 1.9429, while the 200-Day Moving Average is calculated to be 4.1522.
Shares Statistics:
Over the past 3-months, NKTX traded about 532.45K shares per day on average, while over the past 10 days, NKTX traded about 458.25k shares per day. A total of 48.97M shares are outstanding, with a floating share count of 45.61M. Insiders hold about 0.80% of the company’s shares, while institutions hold 92.80% stake in the company. Shares short for NKTX as of Aug 30, 2023 were 3.06M with a Short Ratio of 3.06M, compared to 3.2M on Jul 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 6.23% and a Short% of Float of 8.88%.
Earnings Estimates
Current recommendations for the stock of the company come from 7 analysts. On average, analysts expect EPS of -$0.7 for the current quarter, with a high estimate of -$0.56 and a low estimate of -$0.8, while EPS last year was -$0.58. The consensus estimate for the next quarter is -$0.73, with high estimates of -$0.57 and low estimates of -$0.83.
Analysts are recommending an EPS of between -$2.44 and -$2.94 for the fiscal current year, implying an average EPS of -$2.75. EPS for the following year is -$2.97, with 7 analysts recommending between -$1.74 and -$3.85.