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The closing price of Nkarta Inc (NASDAQ: NKTX) was $1.56 for the day, down -4.29% from the previous closing price of $1.63. In other words, the price has decreased by -$4.29 from its previous closing price. On the day, 1.2 million shares were traded. NKTX stock price reached its highest trading level at $1.65 during the session, while it also had its lowest trading level at $1.485.
Ratios:
Our analysis of NKTX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 14.45 and its Current Ratio is at 14.45. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.18.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Rodman & Renshaw on October 09, 2024, initiated with a Buy rating and assigned the stock a target price of $14.
On August 14, 2024, Raymond James Upgraded its rating to Strong Buy which previously was Outperform but kept the price unchanged to $16.
Raymond James Downgraded its Strong Buy to Outperform on March 22, 2024, whereas the target price for the stock was revised from $13 to $16.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jan 15 ’25 when Shook David sold 8,638 shares for $2.20 per share. The transaction valued at 19,004 led to the insider holds 190,955 shares of the business.
Levin Alyssa sold 5,838 shares of NKTX for $12,844 on Jan 15 ’25. The insider now owns 102,662 shares after completing the transaction at $2.20 per share. On Jan 15 ’25, another insider, Brandenberger Ralph, who serves as the Chief Technical Officer of the company, sold 7,447 shares for $2.20 each. As a result, the insider received 16,383 and left with 124,796 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 110693848 and an Enterprise Value of -71420184.
Stock Price History:
The Beta on a monthly basis for NKTX is 0.86, which has changed by -0.8217143 over the last 52 weeks, in comparison to a change of -0.028342128 over the same period for the S&P500. Over the past 52 weeks, NKTX has reached a high of $9.70, while it has fallen to a 52-week low of $1.31. The 50-Day Moving Average of the stock is -18.22%, while the 200-Day Moving Average is calculated to be -57.44%.
Shares Statistics:
NKTX traded an average of 1.49M shares per day over the past three months and 4081820 shares per day over the past ten days. A total of 70.65M shares are outstanding, with a floating share count of 49.99M. Insiders hold about 29.54% of the company’s shares, while institutions hold 80.27% stake in the company. Shares short for NKTX as of 1741910400 were 9402057 with a Short Ratio of 6.30, compared to 1739491200 on 9623089. Therefore, it implies a Short% of Shares Outstanding of 9402057 and a Short% of Float of 17.639999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
