On Monday, Arcus Biosciences Inc (NYSE: RCUS) was -7.97% drop from the session before settling in for the closing price of $18.44. A 52-week range for RCUS has been $12.95 – $20.31.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 164.80%. When this article was written, the company’s average yearly earnings per share was at 23.20%. With a float of $48.07 million, this company’s outstanding shares have now reached $75.50 million.
The extent of productivity of a business whose workforce counts for 577 workers is very important to gauge. In terms of profitability, gross margin is 94.74%, operating margin of -118.62%, and the pretax margin is -99.6%.
Arcus Biosciences Inc (RCUS) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Arcus Biosciences Inc stocks. The insider ownership of Arcus Biosciences Inc is 47.43%, while institutional ownership is 52.88%. The most recent insider transaction that took place on Aug 13 ’24, was worth 20,314. In this transaction Chief Accounting Officer of this company sold 1,357 shares at a rate of $14.97, taking the stock ownership to the 19,070 shares. Before that another transaction happened on Mar 27 ’24, when Company’s Chief Operating Officer sold 11,551 for $17.55, making the entire transaction worth $202,720. This insider now owns 215,253 shares in total.
Arcus Biosciences Inc (RCUS) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -0.94 earnings per share (EPS) during the time that was better than consensus figure (set at -1.13) by 0.19. Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.17 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 23.20% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.80% during the next five years compared to -23.70% drop over the previous five years of trading.
Arcus Biosciences Inc (NYSE: RCUS) Trading Performance Indicators
You can see what Arcus Biosciences Inc (RCUS) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 5.14. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.28.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.10, a number that is poised to hit -1.02 in the next quarter and is forecasted to reach -3.95 in one year’s time.
Technical Analysis of Arcus Biosciences Inc (RCUS)
The latest stats from [Arcus Biosciences Inc, RCUS] show that its last 5-days average volume of 0.76 million was superior to 0.72 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 70.32%. Additionally, its Average True Range was 0.95.
During the past 100 days, Arcus Biosciences Inc’s (RCUS) raw stochastic average was set at 65.97%, which indicates a significant increase from 52.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.79% in the past 14 days, which was higher than the 57.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.73, while its 200-day Moving Average is $16.40. Now, the first resistance to watch is $17.91. This is followed by the second major resistance level at $18.84. The third major resistance level sits at $19.57. If the price goes on to break the first support level at $16.25, it is likely to go to the next support level at $15.52. The third support level lies at $14.59 if the price breaches the second support level.
Arcus Biosciences Inc (NYSE: RCUS) Key Stats
There are 90,953K outstanding shares of the company, which has a market capitalization of 1.55 billion. As of now, sales total 117,000 K while income totals -307,000 K. Its latest quarter income was 39,000 K while its last quarter net income were -93,000 K.
