NKGen Biotech Inc (NKGN) distance from 200-day Simple Moving Average is $1.1029: Right on the Precipice

Witnessing the stock’s movement on the chart, on Wednesday, NKGen Biotech Inc (NASDAQ: NKGN) had a quiet start as it plunged -5.00% to $0.25, before settling in for the price of $0.26 at the close. Taking a more long-term approach, NKGN posted a 52-week range of $0.20-$4.06.

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The Healthcare Sector giants’ yearly sales growth during the last 5-year period was -50.00%. This publicly-traded company’s shares outstanding now amounts to $21.89 million, simultaneously with a float of $18.20 million. The organization now has a market capitalization sitting at $8.78 million. At the time of writing, stock’s 50-day Moving Average stood at $0.4201, while the 200-day Moving Average is $1.1029.

NKGen Biotech Inc (NKGN) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Biotechnology industry. NKGen Biotech Inc’s current insider ownership accounts for 48.77%, in contrast to 13.44% institutional ownership. According to the most recent insider trade that took place on Dec 07 ’23, this organization’s Chief Executive Officer bought 76 shares at the rate of 3.29, making the entire transaction reach 250 in total value, affecting insider ownership by 171,121. Preceding that transaction, on Dec 06 ’23, Company’s Chief Executive Officer bought 75 for 3.32, making the whole transaction’s value amount to 250. This particular insider is now the holder of 171,045 in total.

NKGen Biotech Inc (NASDAQ: NKGN) Trading Performance Indicators

Let’s observe the current performance indicators for NKGen Biotech Inc (NKGN). It’s Quick Ratio in the last reported quarter now stands at 0.02. The Stock has managed to achieve an average true range (ATR) of 0.06.

In the same vein, NKGN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -4.92.

Technical Analysis of NKGen Biotech Inc (NKGN)

Going through the that latest performance of [NKGen Biotech Inc, NKGN]. Its last 5-days volume of 0.48 million was inferior to the volume of 1.77 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 40.71% While, its Average True Range was 0.0499.

Raw Stochastic average of NKGen Biotech Inc (NKGN) in the period of the previous 100 days is set at 3.80%, which indicates a major fall in contrast to 7.58% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 76.28% that was lower than 209.87% volatility it exhibited in the past 100-days period.