Arcutis Biotherapeutics Inc (NASDAQ: ARQT) started the day on Wednesday, with a price increase of 0.89% at $10.18, before settling in for the price of $10.09 at the close. Taking a more long-term approach, ARQT posted a 52-week range of $1.76-$13.17.
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It was noted that the giant of the Healthcare sector posted annual sales growth of 303.42% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -48.07%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 64.44%. This publicly-traded company’s shares outstanding now amounts to $117.05 million, simultaneously with a float of $102.89 million. The organization now has a market capitalization sitting at $1.19 billion. At the time of writing, stock’s 50-day Moving Average stood at $9.57, while the 200-day Moving Average is $9.47.
Arcutis Biotherapeutics Inc (ARQT) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Biotechnology Industry. Arcutis Biotherapeutics Inc’s current insider ownership accounts for 12.09%, in contrast to 102.98% institutional ownership. According to the most recent insider trade that took place on Nov 19 ’24, this organization’s insider sold 1,775 shares at the rate of 9.68, making the entire transaction reach 17,190 in total value, affecting insider ownership by 181,373.
Arcutis Biotherapeutics Inc (ARQT) Earnings and Revenue Records
Arcutis Biotherapeutics Inc’s EPS increase for this current 12-month fiscal period is 64.44% and is forecasted to reach -0.97 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 9.80% through the next 5 years, which can be compared against the -48.07% growth it accomplished over the previous five years trading on the market.
Arcutis Biotherapeutics Inc (NASDAQ: ARQT) Trading Performance Indicators
Let’s observe the current performance indicators for Arcutis Biotherapeutics Inc (ARQT). It’s Quick Ratio in the last reported quarter now stands at 2.38. The Stock has managed to achieve an average true range (ATR) of 0.66. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 8.59.
In the same vein, ARQT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.79, a figure that is expected to reach -0.28 in the next quarter, and analysts are predicting that it will be -0.97 at the market close of one year from today.
Technical Analysis of Arcutis Biotherapeutics Inc (ARQT)
If we take a close look at the recent performances of Arcutis Biotherapeutics Inc (NASDAQ: ARQT), its last 5-days Average volume was 2.01 million that shows plunge from its year to date volume of 3.22 million. During the previous 9 days, stock’s Stochastic %D was recorded 39.37% While, its Average True Range was 0.68.
Raw Stochastic average of Arcutis Biotherapeutics Inc (ARQT) in the period of the previous 100 days is set at 64.80%, which indicates a major rise in contrast to 60.00% 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 70.07% that was higher than 65.42% volatility it exhibited in the past 100-days period.