Nurix Therapeutics Inc (NASDAQ: NRIX) on Tuesday, soared 1.56% from the previous trading day, before settling in for the closing price of $25.04. Within the past 52 weeks, NRIX’s price has moved between $4.96 and $27.60.
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Annual sales at Healthcare sector company grew by 27.29% over the past five years. The company achieved an average annual earnings per share of -5.33%. With a float of $69.64 million, this company’s outstanding shares have now reached $70.84 million.
Let’s look at the performance matrix of the company that is accounted for 284 employees. In terms of profitability, gross margin is 71.85%, operating margin of -343.3%, and the pretax margin is -313.19%.
Nurix Therapeutics Inc (NRIX) Insider and Institutional Ownership
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Nurix Therapeutics Inc is 1.69%, while institutional ownership is 91.83%. The most recent insider transaction that took place on Nov 04 ’24, was worth 82,250. In this transaction Chief Legal Officer of this company sold 3,290 shares at a rate of $25.00, taking the stock ownership to the 28,084 shares. Before that another transaction happened on Nov 04 ’24, when Company’s Officer proposed sale 3,290 for $24.47, making the entire transaction worth $80,506.
Nurix Therapeutics Inc (NRIX) Latest Financial update
As on 8/31/2024, Multinational firm has announced its last quarter scores, in which it reported -0.77 earnings per share (EPS) for the period falling under the consensus outlook (set at -0.57) by -0.2. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.69 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -5.33% per share during the next fiscal year.
Nurix Therapeutics Inc (NASDAQ: NRIX) Trading Performance Indicators
Nurix Therapeutics Inc (NRIX) is currently performing well based on its current performance indicators. A quick ratio of 5.28 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 31.93.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.91, a number that is poised to hit -0.67 in the next quarter and is forecasted to reach -2.67 in one year’s time.
Technical Analysis of Nurix Therapeutics Inc (NRIX)
Nurix Therapeutics Inc (NASDAQ: NRIX) saw its 5-day average volume 0.73 million, a negative change from its year-to-date volume of 0.88 million. As of the previous 9 days, the stock’s Stochastic %D was 35.94%. Additionally, its Average True Range was 1.37.
During the past 100 days, Nurix Therapeutics Inc’s (NRIX) raw stochastic average was set at 83.51%, which indicates a significant increase from 46.94% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.24% in the past 14 days, which was lower than the 65.22% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $24.21, while its 200-day Moving Average is $17.92. Nevertheless, the first resistance level for the watch stands at $25.96 in the near term. At $26.50, the stock is likely to face the second major resistance level. The third major resistance level sits at $27.53. If the price goes on to break the first support level at $24.39, it is likely to go to the next support level at $23.36. The third support level lies at $22.82 if the price breaches the second support level.
Nurix Therapeutics Inc (NASDAQ: NRIX) Key Stats
Market capitalization of the company is 1.80 billion based on 70,836K outstanding shares. Right now, sales total 76,990 K and income totals -143,950 K. The company made 12,590 K in profit during its latest quarter, and -48,960 K in sales during its previous quarter.
