Akero Therapeutics Inc (NASDAQ: AKRO) kicked off on Tuesday, up 6.80% from the previous trading day, before settling in for the closing price of $29.71. Over the past 52 weeks, AKRO has traded in a range of $11.36-$37.00.
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While this was happening, its average annual earnings per share was recorded -24.85%. With a float of $58.10 million, this company’s outstanding shares have now reached $69.43 million.
The extent of productivity of a business whose workforce counts for 56 workers is very important to gauge. In terms of profitability, gross margin is 96.83%, operating margin of -82458.8%, and the pretax margin is -71892.96%.
Akero Therapeutics Inc (AKRO) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of Akero Therapeutics Inc is 16.31%, while institutional ownership is 98.30%. The most recent insider transaction that took place on Oct 18 ’24, was worth 2,003,328. In this transaction President and CEO of this company sold 63,539 shares at a rate of $31.53, taking the stock ownership to the 605,417 shares. Before that another transaction happened on Oct 16 ’24, when Company’s President and CEO sold 24,992 for $31.14, making the entire transaction worth $778,151. This insider now owns 605,417 shares in total.
Akero Therapeutics Inc (AKRO) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -24.85% per share during the next fiscal year.
Akero Therapeutics Inc (NASDAQ: AKRO) Trading Performance Indicators
Take a look at Akero Therapeutics Inc’s (AKRO) current performance indicators. Last quarter, stock had a quick ratio of 24.89.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.41, a number that is poised to hit -0.88 in the next quarter and is forecasted to reach -3.90 in one year’s time.
Technical Analysis of Akero Therapeutics Inc (AKRO)
The latest stats from [Akero Therapeutics Inc, AKRO] show that its last 5-days average volume of 0.45 million was inferior to 0.88 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 49.08%. Additionally, its Average True Range was 1.40.
During the past 100 days, Akero Therapeutics Inc’s (AKRO) raw stochastic average was set at 95.77%, which indicates a significant increase from 88.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.20% in the past 14 days, which was lower than the 48.16% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $28.03, while its 200-day Moving Average is $24.46. Now, the first resistance to watch is $32.85. This is followed by the second major resistance level at $33.98. The third major resistance level sits at $35.73. If the price goes on to break the first support level at $29.97, it is likely to go to the next support level at $28.22. Assuming the price breaks the second support level, the third support level stands at $27.09.
Akero Therapeutics Inc (NASDAQ: AKRO) Key Stats
The company with the Market Capitalisation of 2.20 billion has total of 69,431K Shares Outstanding. Its annual sales at the moment are 0 K in contrast with the sum of -151,760 K annual income. Company’s last quarter sales were recorded 0 K and last quarter income was -55,990 K.
