10.03% volatility in Kodiak Sciences Inc (KOD) last month: This is a red flag warning

On Tuesday, Kodiak Sciences Inc (NASDAQ: KOD) opened higher 6.70% from the last session, before settling in for the closing price of $9.25. Price fluctuations for KOD have ranged from $2.18 to $11.60 over the past 52 weeks.

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Company’s average yearly earnings per share was noted 31.71% at the time writing. With a float of $48.64 million, this company’s outstanding shares have now reached $52.62 million.

The extent of productivity of a business whose workforce counts for 111 workers is very important to gauge. In terms of profitability, gross margin is 0.0%, operating margin of 0.0%, and the pretax margin is 0.0%.

Kodiak Sciences Inc (KOD) Insider Updates

A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of Kodiak Sciences Inc is 7.57%, while institutional ownership is 73.28%. The most recent insider transaction that took place on Jun 17 ’24, was worth 7,904. In this transaction an insider of this company sold 2,874 shares at a rate of $2.75, taking the stock ownership to the 182,164 shares. Before that another transaction happened on Jun 12 ’24, when Company’s insider sold 1,558 for $2.92, making the entire transaction worth $4,549. This insider now owns 179,544 shares in total.

Kodiak Sciences Inc (KOD) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around 31.71% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.40% during the next five years compared to -12.42% drop over the previous five years of trading.

Kodiak Sciences Inc (NASDAQ: KOD) Trading Performance Indicators

Check out the current performance indicators for Kodiak Sciences Inc (KOD). In the past quarter, the stock posted a quick ratio of 8.42.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.65, a number that is poised to hit -0.88 in the next quarter and is forecasted to reach -3.84 in one year’s time.

Technical Analysis of Kodiak Sciences Inc (KOD)

The latest stats from [Kodiak Sciences Inc, KOD] show that its last 5-days average volume of 0.38 million was inferior to 0.48 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 60.97%. Additionally, its Average True Range was 0.77.

During the past 100 days, Kodiak Sciences Inc’s (KOD) raw stochastic average was set at 81.42%, which indicates a significant increase from 61.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 133.91% in the past 14 days, which was higher than the 82.60% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $6.01, while its 200-day Moving Average is $3.95. Now, the first resistance to watch is $10.08. This is followed by the second major resistance level at $10.30. The third major resistance level sits at $10.71. If the price goes on to break the first support level at $9.45, it is likely to go to the next support level at $9.04. Assuming the price breaks the second support level, the third support level stands at $8.82.

Kodiak Sciences Inc (NASDAQ: KOD) Key Stats

There are currently 52,624K shares outstanding in the company with a market cap of 519.40 million. Presently, the company’s annual sales total 0 K according to its annual income of -260,490 K. Last quarter, the company’s sales amounted to 0 K and its income totaled -43,950 K.