On Friday, Akero Therapeutics Inc (NASDAQ: AKRO) opened higher 4.75% from the last session, before settling in for the closing price of $29.70. Price fluctuations for AKRO have ranged from $15.32 to $37.00 over the past 52 weeks.
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Company’s average yearly earnings per share was noted -34.94% at the time writing. With a float of $58.44 million, this company’s outstanding shares have now reached $69.61 million.
Considering the fact that the conglomerate employs 56 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 98.59%, operating margin of -94813.73%, and the pretax margin is -83528.87%.
Akero Therapeutics Inc (AKRO) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of Akero Therapeutics Inc is 16.29%, while institutional ownership is 92.02%. The most recent insider transaction that took place on Dec 02 ’24, was worth 802,250. In this transaction President and CEO of this company sold 25,000 shares at a rate of $32.09, taking the stock ownership to the 605,417 shares. Before that another transaction happened on Dec 02 ’24, when Company’s Chief Operating Officer sold 10,000 for $32.13, making the entire transaction worth $321,310. This insider now owns 206,286 shares in total.
Akero Therapeutics Inc (AKRO) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.14 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -34.94% per share during the next fiscal year.
Akero Therapeutics Inc (NASDAQ: AKRO) Trading Performance Indicators
Check out the current performance indicators for Akero Therapeutics Inc (AKRO). In the past quarter, the stock posted a quick ratio of 17.25.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.75, a number that is poised to hit -1.16 in the next quarter and is forecasted to reach -4.74 in one year’s time.
Technical Analysis of Akero Therapeutics Inc (AKRO)
Compared to the last year’s volume of 0.85 million, its volume of 0.64 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 24.29%. Additionally, its Average True Range was 1.57.
During the past 100 days, Akero Therapeutics Inc’s (AKRO) raw stochastic average was set at 63.44%, which indicates a significant increase from 54.94% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.25% in the past 14 days, which was higher than the 49.18% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $30.58, while its 200-day Moving Average is $25.84. Nevertheless, the first resistance level for the watch stands at $31.77 in the near term. At $32.44, the stock is likely to face the second major resistance level. The third major resistance level sits at $33.53. If the price goes on to break the first support level at $30.01, it is likely to go to the next support level at $28.92. Now, if the price goes above the second support level, the third support stands at $28.25.
Akero Therapeutics Inc (NASDAQ: AKRO) Key Stats
There are currently 69,799K shares outstanding in the company with a market cap of 2.27 billion. Presently, the company’s annual sales total 0 K according to its annual income of -151,760 K. Last quarter, the company’s sales amounted to 0 K and its income totaled -72,710 K.
