Nurix Therapeutics Inc (NRIX) is expecting -17.09% growth in the next quarter: What can investors do to maximize their returns?

On Friday, Nurix Therapeutics Inc (NASDAQ: NRIX) trading session started at the price of On Friday, that was -4.11% drop from the session before settling in for the closing price of $19.93. A 52-week range for NRIX has been $7.65 – $29.56.

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During the last 5-year period, the sales growth of Healthcare Sector giant was 38.34%. When this article was written, the company’s average yearly earnings per share was at -6.18%. With a float of $68.89 million, this company’s outstanding shares have now reached $70.84 million.

Let’s determine the extent of company efficiency that accounts for 284 employees. In terms of profitability, gross margin is 71.85%, operating margin of -343.3%, and the pretax margin is -313.19%.

Nurix Therapeutics Inc (NRIX) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Nurix Therapeutics Inc stocks. The insider ownership of Nurix Therapeutics Inc is 2.74%, while institutional ownership is 95.14%. The most recent insider transaction that took place on Dec 02 ’24, was worth 125,155. In this transaction Chief Legal Officer of this company sold 5,760 shares at a rate of $21.73, taking the stock ownership to the 28,084 shares. Before that another transaction happened on Dec 02 ’24, when Company’s Officer proposed sale 5,760 for $22.11, making the entire transaction worth $127,354.

Nurix Therapeutics Inc (NRIX) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.69 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -6.18% per share during the next fiscal year.

Nurix Therapeutics Inc (NASDAQ: NRIX) Trading Performance Indicators

You can see what Nurix Therapeutics Inc (NRIX) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 5.28. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 23.01.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.91, a number that is poised to hit -0.68 in the next quarter and is forecasted to reach -2.79 in one year’s time.

Technical Analysis of Nurix Therapeutics Inc (NRIX)

Looking closely at Nurix Therapeutics Inc (NASDAQ: NRIX), its last 5-days average volume was 0.96 million, which is a jump from its year-to-date volume of 0.91 million. As of the previous 9 days, the stock’s Stochastic %D was 19.86%. Additionally, its Average True Range was 1.30.

During the past 100 days, Nurix Therapeutics Inc’s (NRIX) raw stochastic average was set at 1.88%, which indicates a significant decrease from 4.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.27% in the past 14 days, which was lower than the 54.51% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $23.09, while its 200-day Moving Average is $20.04. However, in the short run, Nurix Therapeutics Inc’s stock first resistance to watch stands at $19.92. Second resistance stands at $20.72. The third major resistance level sits at $21.23. If the price goes on to break the first support level at $18.61, it is likely to go to the next support level at $18.10. Should the price break the second support level, the third support level stands at $17.30.

Nurix Therapeutics Inc (NASDAQ: NRIX) Key Stats

There are 70,836K outstanding shares of the company, which has a market capitalization of 1.30 billion. As of now, sales total 76,990 K while income totals -143,950 K. Its latest quarter income was 12,590 K while its last quarter net income were -48,960 K.