Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
After finishing at $1.72 in the prior trading day, Nkarta Inc (NASDAQ: NKTX) closed at $1.74, up 1.16%. In other words, the price has increased by $1.16 from its previous closing price. On the day, 0.59 million shares were traded.
Ratios:
Our goal is to gain a better understanding of NKTX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 14.48 and its Current Ratio is at 14.48. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.19.
On October 09, 2024, Rodman & Renshaw started tracking the stock assigning a Buy rating and target price of $14.
Raymond James Upgraded its Outperform to Strong Buy on August 14, 2024, while the target price for the stock was maintained at $16.
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 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.
Stock Price History:
Over the past 52 weeks, NKTX has reached a high of $8.23, while it has fallen to a 52-week low of $1.31. The 50-Day Moving Average of the stock is -3.25%, while the 200-Day Moving Average is calculated to be -43.15%.
Shares Statistics:
A total of 70.96M shares are outstanding, with a floating share count of 52.16M. Insiders hold about 29.54% of the company’s shares, while institutions hold 76.05% stake in the company.
