Fate Therapeutics Inc (NASDAQ: FATE) kicked off on Monday, up 13.58% from the previous trading day, before settling in for the closing price of $2.43. Over the past 52 weeks, FATE has traded in a range of $1.91-$8.83.
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Annual sales at Healthcare sector company grew by 87.14% over the past five years. While this was happening, its average annual earnings per share was recorded -0.05%. With a float of $98.13 million, this company’s outstanding shares have now reached $98.63 million.
Let’s look at the performance matrix of the company that is accounted for 181 employees. In terms of profitability, gross margin is -55.61%, operating margin of -1587.28%, and the pretax margin is -1426.67%.
Fate Therapeutics Inc (FATE) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of Fate Therapeutics Inc is 13.83%, while institutional ownership is 93.13%. The most recent insider transaction that took place on Aug 06 ’24, was worth 2,678. In this transaction Director of this company sold 633 shares at a rate of $4.23, taking the stock ownership to the 8,669 shares. Before that another transaction happened on Aug 06 ’24, when Company’s Director proposed sale 633 for $4.23, making the entire transaction worth $2,678.
Fate Therapeutics Inc (FATE) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -0.05% per share during the next fiscal year.
Fate Therapeutics Inc (NASDAQ: FATE) Trading Performance Indicators
Take a look at Fate Therapeutics Inc’s (FATE) current performance indicators. Last quarter, stock had a quick ratio of 9.18. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 26.16.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.71, a number that is poised to hit -0.42 in the next quarter and is forecasted to reach -1.65 in one year’s time.
Technical Analysis of Fate Therapeutics Inc (FATE)
Fate Therapeutics Inc (NASDAQ: FATE) saw its 5-day average volume 1.65 million, a negative change from its year-to-date volume of 2.2 million. As of the previous 9 days, the stock’s Stochastic %D was 26.28%. Additionally, its Average True Range was 0.23.
During the past 100 days, Fate Therapeutics Inc’s (FATE) raw stochastic average was set at 13.42%, which indicates a significant decrease from 46.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 95.52% in the past 14 days, which was higher than the 84.77% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.32, while its 200-day Moving Average is $4.61. Nevertheless, the first resistance level for the watch stands at $2.93 in the near term. At $3.10, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.41. If the price goes on to break the first support level at $2.45, it is likely to go to the next support level at $2.14. The third support level lies at $1.97 if the price breaches the second support level.
Fate Therapeutics Inc (NASDAQ: FATE) Key Stats
The company with the Market Capitalisation of 322.26 million has total of 113,878K Shares Outstanding. Its annual sales at the moment are 63,530 K in contrast with the sum of -160,930 K annual income. Company’s last quarter sales were recorded 6,770 K and last quarter income was -38,430 K.
