Witnessing the stock’s movement on the chart, on July 14, 2021, Akebia Therapeutics Inc. (NASDAQ: AKBA) set off with pace as it heaved 6.31% to $3.54. During the day, the stock rose to $3.6266 and sunk to $3.32 before settling in for the price of $3.33 at the close. Taking a more long-term approach, AKBA posted a 52-week range of $2.09-$13.14. Meanwhile, its Annual Earning per share during the time was -3.80%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -17.20%. This publicly-traded company’s shares outstanding now amounts to $160.12 million, simultaneously with a float of $158.39 million. The organization now has a market capitalization sitting at $565.16 million. At the time of writing, stock’s 50-day Moving Average stood at $3.50, while the 200-day Moving Average is $3.29.
It is quite necessary to find out the efficiency of the corporate organization, which has 380 number of employees on its payroll. It has generated 779,174 per worker during the last fiscal year. Meanwhile, its income per employee was -1,011,760. The stock had 8.76 Receivables turnover and 0.42 Total Asset turnover. For the Profitability, stocks gross margin was +38.21, operating margin was -88.35 and Pretax Margin of -129.85.
Akebia Therapeutics Inc. (AKBA) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Biotechnology industry. Akebia Therapeutics Inc.’s current insider ownership accounts for 1.50%, in contrast to 66.60% institutional ownership. According to the most recent insider trade that took place on Jun 07, this organization’s Director sold 4,567 shares at the rate of 3.32, making the entire transaction reach 15,163 in total value, affecting insider ownership by 47,997. Preceding that transaction, on Mar 01, Company’s CEO and President sold 49,990 for 3.40, making the whole transaction’s value amount to 169,771. This particular insider is now the holder of 1,116,742 in total.
Akebia Therapeutics Inc. (AKBA) Earnings and Revenue Records
This company achieved a net margin of -129.85 while generating a return on equity of -119.39.
Akebia Therapeutics Inc.’s EPS decrease for this current 12-month fiscal period is -17.20% and is forecasted to reach -0.79 in the upcoming year.
Akebia Therapeutics Inc. (NASDAQ: AKBA) Trading Performance Indicators
Let’s observe the current performance indicators for Akebia Therapeutics Inc. (AKBA). It’s Quick Ratio in the last reported quarter now stands at 1.90. The Stock has managed to achieve an average true range (ATR) of 0.18. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.18.
In the same vein, AKBA’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.75, a figure that is expected to reach -0.32 in the next quarter, and analysts are predicting that it will be -0.79 at the market close of one year from today.
Technical Analysis of Akebia Therapeutics Inc. (AKBA)
Going through the that latest performance of [Akebia Therapeutics Inc., AKBA]. Its last 5-days volume of 3.6 million was inferior to the volume of 4.92 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 23.32% While, its Average True Range was 0.19.
Raw Stochastic average of Akebia Therapeutics Inc. (AKBA) in the period of the previous 100 days is set at 48.48%, which indicates a major rise in contrast to 27.52% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 56.01% that was lower than 57.51% volatility it exhibited in the past 100-days period.