As on Wednesday, Akero Therapeutics Inc (NASDAQ: AKRO) got off with the flyer as it spiked 0.25% to $24.45, before settling in for the price of $24.39 at the close. Taking a more long-term approach, AKRO posted a 52-week range of $11.25-$58.38.
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The Healthcare Sector giants’ yearly sales growth during the last 5-year period was 0.00%. Meanwhile, its Annual Earning per share during the time was 1.03%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -37.28%. This publicly-traded company’s shares outstanding now amounts to $68.95 million, simultaneously with a float of $57.62 million. The organization now has a market capitalization sitting at $1.69 billion. At the time of writing, stock’s 50-day Moving Average stood at $24.22, while the 200-day Moving Average is $31.66.
Akero Therapeutics Inc (AKRO) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Biotechnology industry. Akero Therapeutics Inc’s current insider ownership accounts for 16.43%, in contrast to 82.85% institutional ownership. According to the most recent insider trade that took place on Mar 13 ’24, this organization’s President and CEO sold 1,969 shares at the rate of 28.33, making the entire transaction reach 55,782 in total value, affecting insider ownership by 589,447. Preceding that transaction, on Mar 13 ’24, Company’s Chief Financial Officer sold 724 for 28.33, making the whole transaction’s value amount to 20,511. This particular insider is now the holder of 49,630 in total.
Akero Therapeutics Inc (AKRO) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 12/30/2023, the company posted -$0.99 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -$0.86) by -$0.13. Wall Street market experts anticipate that the next fiscal year will bring earnings of -1 per share during the current fiscal year.
Akero Therapeutics Inc’s EPS decrease for this current 12-month fiscal period is -37.28% and is forecasted to reach -4.33 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will decrease by -14.60% through the next 5 years, which can be compared against the 1.03% growth it accomplished over the previous five years trading on the market.
Akero Therapeutics Inc (NASDAQ: AKRO) Trading Performance Indicators
Let’s observe the current performance indicators for Akero Therapeutics Inc (AKRO). It’s Quick Ratio in the last reported quarter now stands at 29.27. The Stock has managed to achieve an average true range (ATR) of 2.08.
In the same vein, AKRO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.85, a figure that is expected to reach -0.94 in the next quarter, and analysts are predicting that it will be -4.33 at the market close of one year from today.
Technical Analysis of Akero Therapeutics Inc (AKRO)
Through scrutinizing the latest numbers posted by the [Akero Therapeutics Inc, AKRO], it can be observed that its last 5-days Average volume of 1.04 million was lower the volume of 1.42 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 8.80% While, its Average True Range was 1.95.
Raw Stochastic average of Akero Therapeutics Inc (AKRO) in the period of the previous 100 days is set at 47.80%, which indicates a major rise in contrast to 9.79% 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 36.24% that was lower than 68.67% volatility it exhibited in the past 100-days period.
