Akebia Therapeutics Inc (AKBA) is expecting 20.13% growth in the next quarter: What can investors do to maximize their returns?

On Friday, Akebia Therapeutics Inc (NASDAQ: AKBA) was -3.76% drop from the session before settling in for the closing price of $1.86. A 52-week range for AKBA has been $0.80 – $2.48.

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Healthcare Sector giant saw their annual sales surged by 5.16% over the last five years. When this article was written, the company’s average yearly earnings per share was at -1.19%. With a float of $207.21 million, this company’s outstanding shares have now reached $218.18 million.

The firm has a total of 167 workers. Let’s measure their productivity. In terms of profitability, gross margin is 62.73%, operating margin of -20.67%, and the pretax margin is -27.37%.

Akebia Therapeutics Inc (AKBA) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Akebia Therapeutics Inc stocks. The insider ownership of Akebia Therapeutics Inc is 5.03%, while institutional ownership is 24.82%. The most recent insider transaction that took place on May 13 ’24, was worth 15,140. In this transaction SVP, Chief Legal Officer of this company sold 12,016 shares at a rate of $1.26, taking the stock ownership to the 651,243 shares. Before that another transaction happened on May 13 ’24, when Company’s SVP, Chief Operating Officer sold 34,840 for $1.26, making the entire transaction worth $43,898. This insider now owns 672,092 shares in total.

Akebia Therapeutics Inc (AKBA) Earnings and Forecasts

Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0 earnings per share (EPS) during the time that was better than consensus figure (set at -0.05) by 0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.08 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -1.19% per share during the next fiscal year.

Akebia Therapeutics Inc (NASDAQ: AKBA) Trading Performance Indicators

You can see what Akebia Therapeutics Inc (AKBA) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.21. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.21.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.22, a number that is poised to hit -0.07 in the next quarter and is forecasted to reach -0.25 in one year’s time.

Technical Analysis of Akebia Therapeutics Inc (AKBA)

Analysing the last 5-days average volume posted by the [Akebia Therapeutics Inc, AKBA], we can find that recorded value of 2.29 million was lower than the volume posted last year of 3.12 million. As of the previous 9 days, the stock’s Stochastic %D was 53.33%. Additionally, its Average True Range was 0.11.

During the past 100 days, Akebia Therapeutics Inc’s (AKBA) raw stochastic average was set at 79.28%, which indicates a significant increase from 43.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 68.66% in the past 14 days, which was lower than the 71.42% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.5133, while its 200-day Moving Average is $1.4056. Now, the first resistance to watch is $1.8533. This is followed by the second major resistance level at $1.9167. The third major resistance level sits at $1.9633. If the price goes on to break the first support level at $1.7433, it is likely to go to the next support level at $1.6967. Should the price break the second support level, the third support level stands at $1.6333.

Akebia Therapeutics Inc (NASDAQ: AKBA) Key Stats

There are 218,181K outstanding shares of the company, which has a market capitalization of 375.84 million. As of now, sales total 194,620 K while income totals -51,930 K. Its latest quarter income was 37,430 K while its last quarter net income were -20,040 K.