The price of Nkarta Inc (NASDAQ: NKTX) closed at $15.71 in the last session, up 18.84% from day before closing price of $13.22. In other words, the price has increased by $+2.49 from its previous closing price. On the day, 1069685 shares were traded.
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 10.97 and its Current Ratio is at 10.97. In the meantime, Its Debt-to-Equity ratio is 0.30 whereas as Long-Term Debt/Eq ratio is at 0.28.
On October 10, 2022, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $25.
On July 28, 2022, Needham started tracking the stock assigning a Buy rating and target price of $26.Needham initiated its Buy rating on July 28, 2022, with a $26 target price.
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 Mar 01 ’24 when Brandenberger Ralph sold 8,367 shares for $12.51 per share. The transaction valued at 104,671 led to the insider holds 79,972 shares of the business.
Trager James sold 4,143 shares of NKTX for $49,716 on Feb 12 ’24. The Chief Scientific Officer now owns 149,415 shares after completing the transaction at $12.00 per share. On Jan 16 ’24, another insider, HASTINGS PAUL J, who serves as the Chief Executive Officer of the company, sold 9,697 shares for $8.74 each. As a result, the insider received 84,752 and left with 390,507 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 648.25M and an Enterprise Value of 462.10M.
Stock Price History:
Over the past 52 weeks, NKTX has reached a high of $13.86, while it has fallen to a 52-week low of $1.28. The 50-Day Moving Average of the stock is 9.14, while the 200-Day Moving Average is calculated to be 4.19.
Shares Statistics:
According to the various share statistics, NKTX traded on average about 2.08M shares per day over the past 3-months and 639.72k shares per day over the past 10 days. A total of 48.88M shares are outstanding, with a floating share count of 26.44M. Insiders hold about 46.13% of the company’s shares, while institutions hold 58.40% stake in the company. Shares short for NKTX as of Feb 15, 2024 were 4.55M with a Short Ratio of 2.19, compared to 4.63M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 9.27% and a Short% of Float of 13.20%.
Earnings Estimates
The company has 8 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.59 for the current quarter, with a high estimate of -$0.41 and a low estimate of -$0.85, while EPS last year was -$0.67. The consensus estimate for the next quarter is -$0.6, with high estimates of -$0.53 and low estimates of -$0.67.
Analysts are recommending an EPS of between -$2.25 and -$2.69 for the fiscal current year, implying an average EPS of -$2.42. EPS for the following year is -$2.49, with 8 analysts recommending between -$2.1 and -$3.25.
