On Monday, BioXcel Therapeutics Inc (NASDAQ: BTAI) opened higher 5.85% from the last session, before settling in for the closing price of $0.68. Price fluctuations for BTAI have ranged from $0.50 to $5.62 over the past 52 weeks.
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Annual sales at Healthcare sector company grew by 53.60% over the past five years. Company’s average yearly earnings per share was noted 69.07% at the time writing. With a float of $32.48 million, this company’s outstanding shares have now reached $40.74 million.
Let’s look at the performance matrix of the company that is accounted for 74 employees. In terms of profitability, gross margin is 33.37%, operating margin of -4494.88%, and the pretax margin is -4487.39%.
BioXcel Therapeutics Inc (BTAI) Insider Updates
A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of BioXcel Therapeutics Inc is 20.29%, while institutional ownership is 23.68%. The most recent insider transaction that took place on Oct 03 ’24, was worth 3,450. In this transaction Chief Commercial Officer of this company sold 6,272 shares at a rate of $0.55, taking the stock ownership to the 19,011 shares. Before that another transaction happened on Oct 03 ’24, when Company’s See Remarks sold 6,863 for $0.55, making the entire transaction worth $3,775. This insider now owns 23,770 shares in total.
BioXcel Therapeutics Inc (BTAI) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted -1.72 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -1.3) by -0.42. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.53 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 69.07% per share during the next fiscal year.
BioXcel Therapeutics Inc (NASDAQ: BTAI) Trading Performance Indicators
Check out the current performance indicators for BioXcel Therapeutics Inc (BTAI). In the past quarter, the stock posted a quick ratio of 2.25. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 12.40.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.55, a number that is poised to hit -0.51 in the next quarter and is forecasted to reach -1.41 in one year’s time.
Technical Analysis of BioXcel Therapeutics Inc (BTAI)
BioXcel Therapeutics Inc (NASDAQ: BTAI) saw its 5-day average volume 0.5 million, a negative change from its year-to-date volume of 0.83 million. As of the previous 9 days, the stock’s Stochastic %D was 34.39%. Additionally, its Average True Range was 0.06.
During the past 100 days, BioXcel Therapeutics Inc’s (BTAI) raw stochastic average was set at 20.17%, which indicates a significant decrease from 58.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 78.86% in the past 14 days, which was lower than the 87.77% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.5996, while its 200-day Moving Average is $1.6783. Nevertheless, the first resistance level for the watch stands at $0.7396 in the near term. At $0.7595, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.7989. If the price goes on to break the first support level at $0.6803, it is likely to go to the next support level at $0.6409. Assuming the price breaks the second support level, the third support level stands at $0.6210.
BioXcel Therapeutics Inc (NASDAQ: BTAI) Key Stats
There are currently 40,744K shares outstanding in the company with a market cap of 29.77 million. Presently, the company’s annual sales total 1,380 K according to its annual income of -179,050 K. Last quarter, the company’s sales amounted to 1,100 K and its income totaled -8,300 K.
