A new trading day began on June 21, 2022, with Kintara Therapeutics Inc. (NASDAQ: KTRA) stock priced at $0.2075, up 18.75% from the previous day of trading. During the day, the shares moved up to $0.26 and dropped to $0.2075 before settling in for the closing price of $0.20. KTRA’s price has ranged from $0.14 to $2.85 over the past 52 weeks.
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Meanwhile, its annual earnings per share averaged -83.30%. With a float of $44.79 million, this company’s outstanding shares have now reached $49.13 million.
Let’s determine the extent of company efficiency that accounts for 4 employees.
Kintara Therapeutics Inc. (KTRA) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Biotechnology Industry. The insider ownership of Kintara Therapeutics Inc. is 0.10%, while institutional ownership is 5.70%. The most recent insider transaction that took place on Feb 15, was worth 25,795. In this transaction President and CEO of this company bought 55,000 shares at a rate of $0.47, taking the stock ownership to the 55,000 shares. Before that another transaction happened on Dec 08, when Company’s Chief Financial Officer bought 28,700 for $0.68, making the entire transaction worth $19,430. This insider now owns 37,186 shares in total.
Kintara Therapeutics Inc. (KTRA) Recent Fiscal highlights
In its latest quarterly report, released on 12/30/2021, the company reported earnings of -$0.12 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a return on equity of -706.33. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.15 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -83.30% per share during the next fiscal year.
Kintara Therapeutics Inc. (NASDAQ: KTRA) Trading Performance Indicators
Here are Kintara Therapeutics Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.10.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.68, a number that is poised to hit -0.03 in the next quarter and is forecasted to reach 0.03 in one year’s time.
Technical Analysis of Kintara Therapeutics Inc. (KTRA)
Looking closely at Kintara Therapeutics Inc. (NASDAQ: KTRA), its last 5-days average volume was 12.65 million, which is a jump from its year-to-date volume of 2.32 million. As of the previous 9 days, the stock’s Stochastic %D was 37.71%. Additionally, its Average True Range was 0.03.
During the past 100 days, Kintara Therapeutics Inc.’s (KTRA) raw stochastic average was set at 13.85%, which indicates a significant decrease from 62.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 171.90% in the past 14 days, which was higher than the 141.56% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.2296, while its 200-day Moving Average is $0.5598. However, in the short run, Kintara Therapeutics Inc.’s stock first resistance to watch stands at $0.2625. Second resistance stands at $0.2875. The third major resistance level sits at $0.3150. If the price goes on to break the first support level at $0.2100, it is likely to go to the next support level at $0.1825. Now, if the price goes above the second support level, the third support stands at $0.1575.
Kintara Therapeutics Inc. (NASDAQ: KTRA) Key Stats
With a market capitalization of 16.15 million, the company has a total of 65,533K Shares Outstanding. Currently, annual sales are 0 K while annual income is -38,300 K. The company’s previous quarter sales were 0 K while its latest quarter income was -5,360 K.