Akebia Therapeutics Inc (AKBA) latest performance of -0.49% is not what was on cards

Witnessing the stock’s movement on the chart, on Wednesday, Akebia Therapeutics Inc (NASDAQ: AKBA) had a quiet start as it plunged -0.49% to $2.03, before settling in for the price of $2.04 at the close. Taking a more long-term approach, AKBA posted a 52-week range of $0.80-$2.48.

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It was noted that the giant of the Healthcare sector posted annual sales growth of 5.16% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 35.46%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -1.19%. This publicly-traded company’s shares outstanding now amounts to $211.54 million, simultaneously with a float of $207.21 million. The organization now has a market capitalization sitting at $442.91 million. At the time of writing, stock’s 50-day Moving Average stood at $1.65, while the 200-day Moving Average is $1.43.

Akebia Therapeutics Inc (AKBA) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Drug Manufacturers – Specialty & Generic industry. Akebia Therapeutics Inc’s current insider ownership accounts for 5.03%, in contrast to 24.85% institutional ownership. According to the most recent insider trade that took place on May 13 ’24, this organization’s SVP, Chief Legal Officer sold 12,016 shares at the rate of 1.26, making the entire transaction reach 15,140 in total value, affecting insider ownership by 651,243. Preceding that transaction, on May 13 ’24, Company’s SVP, Chief Operating Officer sold 34,840 for 1.26, making the whole transaction’s value amount to 43,898. This particular insider is now the holder of 672,092 in total.

Akebia Therapeutics Inc (AKBA) Earnings and Revenue Records

Akebia Therapeutics Inc’s EPS decrease for this current 12-month fiscal period is -1.19% and is forecasted to reach -0.25 in the upcoming year.

Akebia Therapeutics Inc (NASDAQ: AKBA) Trading Performance Indicators

Let’s observe the current performance indicators for Akebia Therapeutics Inc (AKBA). It’s Quick Ratio in the last reported quarter now stands at 1.21. The Stock has managed to achieve an average true range (ATR) of 0.10. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.61.

In the same vein, AKBA’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.22, a figure that is expected to reach -0.07 in the next quarter, and analysts are predicting that it will be -0.25 at the market close of one year from today.

Technical Analysis of Akebia Therapeutics Inc (AKBA)

Going through the that latest performance of [Akebia Therapeutics Inc, AKBA]. Its last 5-days volume of 2.23 million was inferior to the volume of 3.06 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 76.13% While, its Average True Range was 0.10.

Raw Stochastic average of Akebia Therapeutics Inc (AKBA) in the period of the previous 100 days is set at 87.27%, which indicates a major rise in contrast to 66.67% 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 45.17% that was lower than 64.95% volatility it exhibited in the past 100-days period.