Cytokinetics Inc (NASDAQ: CYTK) kicked off on Tuesday, up 1.52% from the previous trading day, before settling in for the closing price of $48.47. Over the past 52 weeks, CYTK has traded in a range of $44.49-$81.36.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 19.05%. While this was happening, its average annual earnings per share was recorded 3.86%. With a float of $113.56 million, this company’s outstanding shares have now reached $117.89 million.
Considering the fact that the conglomerate employs 423 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is -2872.48%, operating margin of -16297.79%, and the pretax margin is -17906.24%.
Cytokinetics Inc (CYTK) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of Cytokinetics Inc is 3.77%, while institutional ownership is 113.15%. The most recent insider transaction that took place on Feb 04 ’25, was worth 96,120. In this transaction EVP Research & Development of this company sold 2,000 shares at a rate of $48.06, taking the stock ownership to the 116,071 shares. Before that another transaction happened on Jan 21 ’25, when Company’s EVP Research & Development sold 2,000 for $45.92, making the entire transaction worth $91,840. This insider now owns 116,071 shares in total.
Cytokinetics Inc (CYTK) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.35 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 3.86% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.47% during the next five years compared to -22.79% drop over the previous five years of trading.
Cytokinetics Inc (NASDAQ: CYTK) Trading Performance Indicators
Take a look at Cytokinetics Inc’s (CYTK) current performance indicators. Last quarter, stock had a quick ratio of 9.28. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1803.20.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -5.39, a number that is poised to hit -1.22 in the next quarter and is forecasted to reach -5.40 in one year’s time.
Technical Analysis of Cytokinetics Inc (CYTK)
Compared to the last year’s volume of 1.17 million, its volume of 1.0 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 52.31%. Additionally, its Average True Range was 1.99.
During the past 100 days, Cytokinetics Inc’s (CYTK) raw stochastic average was set at 31.61%, which indicates a significant decrease from 54.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.32% in the past 14 days, which was higher than the 37.18% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $48.82, while its 200-day Moving Average is $54.10. Nevertheless, the first resistance level for the watch stands at $49.74 in the near term. At $50.27, the stock is likely to face the second major resistance level. The third major resistance level sits at $51.29. If the price goes on to break the first support level at $48.19, it is likely to go to the next support level at $47.17. Should the price break the second support level, the third support level stands at $46.64.
Cytokinetics Inc (NASDAQ: CYTK) Key Stats
The company with the Market Capitalisation of 5.81 billion has total of 118,014K Shares Outstanding. Its annual sales at the moment are 7,530 K in contrast with the sum of -526,240 K annual income. Company’s last quarter sales were recorded 460 K and last quarter income was -160,550 K.
