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After finishing at $1.32 in the prior trading day, Nektar Therapeutics (NASDAQ: NKTR) closed at $1.28, down -3.03%. In other words, the price has decreased by -$3.03 from its previous closing price. On the day, 1.87 million shares were traded. NKTR stock price reached its highest trading level at $1.42 during the session, while it also had its lowest trading level at $1.26.
Ratios:
Our goal is to gain a better understanding of NKTR by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.90 and its Current Ratio is at 5.15. In the meantime, Its Debt-to-Equity ratio is 2.76 whereas as Long-Term Debt/Eq ratio is at 2.49.
On June 28, 2024, Rodman & Renshaw started tracking the stock assigning a Buy rating and target price of $2.
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 19 ’24 when Zalevsky Jonathan sold 6,866 shares for $1.28 per share. The transaction valued at 8,788 led to the insider holds 250,804 shares of the business.
Wilson Mark Andrew sold 5,651 shares of NKTR for $7,233 on Aug 19 ’24. The Chief Legal Officer now owns 225,263 shares after completing the transaction at $1.28 per share. On Aug 19 ’24, another insider, ROBIN HOWARD W, who serves as the President & CEO of the company, sold 14,881 shares for $1.28 each. As a result, the insider received 19,048 and left with 848,358 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, NKTR now has a Market Capitalization of 235621120 and an Enterprise Value of 183992736. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.53 while its Price-to-Book (P/B) ratio in mrq is 2.96. Its current Enterprise Value per Revenue stands at 1.975 whereas that against EBITDA is -1.43.
Stock Price History:
Over the past 52 weeks, NKTR has reached a high of $1.93, while it has fallen to a 52-week low of $0.41. The 50-Day Moving Average of the stock is 2.84%, while the 200-Day Moving Average is calculated to be 15.45%.
Shares Statistics:
The stock has traded on average 1.06M shares per day over the past 3-months and 1237830 shares per day over the last 10 days, according to various share statistics. A total of 191.38M shares are outstanding, with a floating share count of 177.81M. Insiders hold about 3.41% of the company’s shares, while institutions hold 71.64% stake in the company. Shares short for NKTR as of 1726185600 were 7764314 with a Short Ratio of 7.33, compared to 1723680000 on 8473759. Therefore, it implies a Short% of Shares Outstanding of 7764314 and a Short% of Float of 5.390000000000001.
