A new trading day began on Friday, with Arcutis Biotherapeutics Inc (NASDAQ: ARQT) stock price up 3.59% from the previous day of trading, before settling in for the closing price of $12.25. ARQT’s price has ranged from $2.00 to $13.50 over the past 52 weeks.
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Healthcare Sector giant saw their annual sales surged by 303.42% over the last five years. Meanwhile, its annual earnings per share averaged 64.44%. With a float of $102.95 million, this company’s outstanding shares have now reached $117.00 million.
The firm has a total of 296 workers. Let’s measure their productivity. 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 Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Biotechnology Industry. The insider ownership of Arcutis Biotherapeutics Inc is 12.04%, while institutional ownership is 103.02%. The most recent insider transaction that took place on Nov 30 ’24, was worth 7,767. In this transaction an insider of this company bought 1,093 shares at a rate of $7.11, taking the stock ownership to the 137,728 shares. Before that another transaction happened on Nov 30 ’24, when Company’s insider bought 1,657 for $7.11, making the entire transaction worth $11,775. This insider now owns 187,030 shares in total.
Arcutis Biotherapeutics Inc (ARQT) Earnings and Forecasts
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
Here are Arcutis Biotherapeutics Inc’s current performance indicators. According to the last quarter’s results, the 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 11.09.
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)
Analysing the last 5-days average volume posted by the [Arcutis Biotherapeutics Inc, ARQT], we can find that recorded value of 1.98 million was lower than the volume posted last year of 3.14 million. As of the previous 9 days, the stock’s Stochastic %D was 39.02%. Additionally, its Average True Range was 0.81.
During the past 100 days, Arcutis Biotherapeutics Inc’s (ARQT) raw stochastic average was set at 85.64%, which indicates a significant increase from 75.38% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 68.00% in the past 14 days, which was higher than the 65.81% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.26, while its 200-day Moving Average is $9.76. Now, the first resistance to watch is $13.35. This is followed by the second major resistance level at $14.00. The third major resistance level sits at $14.62. If the price goes on to break the first support level at $12.08, it is likely to go to the next support level at $11.46. Should the price break the second support level, the third support level stands at $10.81.
Arcutis Biotherapeutics Inc (NASDAQ: ARQT) Key Stats
With a market capitalization of 1.54 billion, the company has a total of 117,045K Shares Outstanding. Currently, annual sales are 59,610 K while annual income is -262,140 K. The company’s previous quarter sales were 44,760 K while its latest quarter income was -41,540 K.
