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As of close of business last night, Nkarta Inc’s stock clocked out at $3.19, down -2.45% from its previous closing price of $3.27. In other words, the price has decreased by -$2.45 from its previous closing price. On the day, 3.3 million shares were traded. NKTX stock price reached its highest trading level at $3.33 during the session, while it also had its lowest trading level at $2.92.
Ratios:
To gain a deeper understanding of NKTX’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 12.91 and its Current Ratio is at 12.91. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jul 16 ’24 when Hager Alicia J. sold 3,396 shares for $8.00 per share. The transaction valued at 27,168 led to the insider holds 103,819 shares of the business.
Trager James sold 456 shares of NKTX for $2,554 on Jun 18 ’24. The Chief Scientific Officer now owns 150,959 shares after completing the transaction at $5.60 per share. On Jun 18 ’24, another insider, HASTINGS PAUL J, who serves as the Chief Executive Officer of the company, sold 1,770 shares for $5.60 each. As a result, the insider received 9,912 and left with 240,737 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 225114480 and an Enterprise Value of 27508326.
Stock Price History:
Over the past 52 weeks, NKTX has reached a high of $16.24, while it has fallen to a 52-week low of $1.90. The 50-Day Moving Average of the stock is -27.35%, while the 200-Day Moving Average is calculated to be -54.81%.
Shares Statistics:
It appears that NKTX traded 631.43K shares on average per day over the past three months and 1122300 shares per day over the past ten days. A total of 49.18M shares are outstanding, with a floating share count of 45.03M. Insiders hold about 36.18% of the company’s shares, while institutions hold 65.78% stake in the company. Shares short for NKTX as of 1728950400 were 10419786 with a Short Ratio of 16.50, compared to 1726185600 on 8407855. Therefore, it implies a Short% of Shares Outstanding of 10419786 and a Short% of Float of 19.580000000000002.
