Arcutis Biotherapeutics Inc (NASDAQ: ARQT) kicked off on Friday, down -6.75% from the previous trading day, before settling in for the closing price of $9.93. Over the past 52 weeks, ARQT has traded in a range of $1.76-$13.17.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 303.42%. While this was happening, its average annual earnings per share was recorded 64.44%. With a float of $101.85 million, this company’s outstanding shares have now reached $117.05 million.
The extent of productivity of a business whose workforce counts for 296 workers is very important to gauge. In terms of profitability, gross margin is 89.43%, operating margin of -131.16%, and the pretax margin is -140.72%.
Arcutis Biotherapeutics Inc (ARQT) 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 Arcutis Biotherapeutics Inc is 12.91%, while institutional ownership is 102.99%. The most recent insider transaction that took place on Nov 15 ’24, was worth 1,003. Before that another transaction happened on Nov 14 ’24, when Company’s Officer proposed sale 69,126 for $10.29, making the entire transaction worth $711,615.
Arcutis Biotherapeutics Inc (ARQT) Latest Financial update
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -0.72 earnings per share (EPS), higher than consensus estimate (set at -0.8) by 0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.34 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 64.44% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.80% during the next five years compared to -48.07% drop over the previous five years of trading.
Arcutis Biotherapeutics Inc (NASDAQ: ARQT) Trading Performance Indicators
Take a look at Arcutis Biotherapeutics Inc’s (ARQT) current performance indicators. Last quarter, stock had a quick ratio of 2.38. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.29.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.79, a number that is poised to hit -0.28 in the next quarter and is forecasted to reach -0.97 in one year’s time.
Technical Analysis of Arcutis Biotherapeutics Inc (ARQT)
The latest stats from [Arcutis Biotherapeutics Inc, ARQT] show that its last 5-days average volume of 2.25 million was inferior to 3.24 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 49.45%. Additionally, its Average True Range was 0.66.
During the past 100 days, Arcutis Biotherapeutics Inc’s (ARQT) raw stochastic average was set at 39.11%, which indicates a significant increase from 32.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 68.86% in the past 14 days, which was higher than the 64.68% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.62, while its 200-day Moving Average is $9.41. Now, the first resistance to watch is $9.83. This is followed by the second major resistance level at $10.40. The third major resistance level sits at $10.76. If the price goes on to break the first support level at $8.90, it is likely to go to the next support level at $8.54. The third support level lies at $7.97 if the price breaches the second support level.
Arcutis Biotherapeutics Inc (NASDAQ: ARQT) Key Stats
The company with the Market Capitalisation of 1.01 billion has total of 117,045K Shares Outstanding. Its annual sales at the moment are 59,610 K in contrast with the sum of -262,140 K annual income. Company’s last quarter sales were recorded 44,760 K and last quarter income was -41,540 K.
