Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
The closing price of Nkarta Inc (NASDAQ: NKTX) was $2.18 for the day, up 5.83% from the previous closing price of $2.06. In other words, the price has increased by $5.83 from its previous closing price. On the day, 0.79 million shares were traded. NKTX stock price reached its highest trading level at $2.32 during the session, while it also had its lowest trading level at $2.06.
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 14.48 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:
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 Jun 18 ’25 when HASTINGS PAUL J sold 1,790 shares for $1.79 per share. The transaction valued at 3,204 led to the insider holds 320,069 shares of the business.
Shook David sold 8,638 shares of NKTX for $19,004 on Jan 15 ’25. The insider now owns 190,955 shares after completing the transaction at $2.20 per share. On Jan 15 ’25, another insider, Levin Alyssa, who serves as the insider of the company, sold 5,838 shares for $2.20 each. As a result, the insider received 12,844 and left with 102,662 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 154687568 and an Enterprise Value of -31908532.
Stock Price History:
The Beta on a monthly basis for NKTX is 0.73, which has changed by -0.6599064 over the last 52 weeks, in comparison to a change of 0.16821623 over the same period for the S&P500. Over the past 52 weeks, NKTX has reached a high of $6.99, while it has fallen to a 52-week low of $1.31. The 50-Day Moving Average of the stock is 17.63%, while the 200-Day Moving Average is calculated to be -2.42%.
Shares Statistics:
NKTX traded an average of 496.86K shares per day over the past three months and 705760 shares per day over the past ten days. A total of 70.96M shares are outstanding, with a floating share count of 52.16M. Insiders hold about 26.49% of the company’s shares, while institutions hold 75.70% stake in the company. Shares short for NKTX as of 1752537600 were 7602391 with a Short Ratio of 15.30, compared to 1749772800 on 7254369. Therefore, it implies a Short% of Shares Outstanding of 7602391 and a Short% of Float of 14.2.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
