Ionis Pharmaceuticals Inc (NASDAQ: IONS) on Tuesday, soared 1.87% from the previous trading day, before settling in for the closing price of $41.07. Within the past 52 weeks, IONS’s price has moved between $34.32 and $54.44.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 13.97%. The company achieved an average annual earnings per share of -52.92%. With a float of $133.94 million, this company’s outstanding shares have now reached $144.34 million.
Considering the fact that the conglomerate employs 927 people, you should pay attention to its efficiency factor.
Ionis Pharmaceuticals Inc (IONS) Breakdown of a Key Holders of the stock
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Ionis Pharmaceuticals Inc is 8.11%, while institutional ownership is 96.95%. The most recent insider transaction that took place on Apr 16 ’24, was worth 166,641. In this transaction EVP, Chief Business Officer of this company sold 4,006 shares at a rate of $41.60, taking the stock ownership to the 19,631 shares. Before that another transaction happened on Apr 16 ’24, when Company’s EVP, Corp and Development Ops sold 905 for $41.66, making the entire transaction worth $37,698. This insider now owns 46,156 shares in total.
Ionis Pharmaceuticals Inc (IONS) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -52.92% per share during the next fiscal year.
Ionis Pharmaceuticals Inc (NASDAQ: IONS) Trading Performance Indicators
Ionis Pharmaceuticals Inc (IONS) is currently performing well based on its current performance indicators. A quick ratio of 5.83 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.74.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.56, a number that is poised to hit -0.99 in the next quarter and is forecasted to reach -3.29 in one year’s time.
Technical Analysis of Ionis Pharmaceuticals Inc (IONS)
Compared to the last year’s volume of 1.14 million, its volume of 0.87 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 27.55%. Additionally, its Average True Range was 1.08.
During the past 100 days, Ionis Pharmaceuticals Inc’s (IONS) raw stochastic average was set at 10.35%, which indicates a significant decrease from 39.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.15% in the past 14 days, which was lower than the 30.94% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $43.76, while its 200-day Moving Average is $45.38. Nevertheless, the first resistance level for the watch stands at $42.43 in the near term. At $43.01, the stock is likely to face the second major resistance level. The third major resistance level sits at $43.78. If the price goes on to break the first support level at $41.08, it is likely to go to the next support level at $40.31. Now, if the price goes above the second support level, the third support stands at $39.73.
Ionis Pharmaceuticals Inc (NASDAQ: IONS) Key Stats
Market capitalization of the company is 6.10 billion based on 145,750K outstanding shares. Right now, sales total 787,650 K and income totals -366,290 K. The company made 324,500 K in profit during its latest quarter, and -9,260 K in sales during its previous quarter.
