Nkarta Inc (NASDAQ: NKTX) kicked off on Monday, down -8.00% from the previous trading day, before settling in for the closing price of $2.00. Over the past 52 weeks, NKTX has traded in a range of $1.31-$11.84.
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A company in the Healthcare sector has dropped its sales by -20.00% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 14.51%. With a float of $49.99 million, this company’s outstanding shares have now reached $70.65 million.
In an organization with 157 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 0.0%, operating margin of 0.0%, and the pretax margin is 0.0%.
Nkarta Inc (NKTX) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of Nkarta Inc is 29.54%, while institutional ownership is 80.28%. The most recent insider transaction that took place on Jan 15 ’25, was worth 19,004. In this transaction an insider of this company sold 8,638 shares at a rate of $2.20, taking the stock ownership to the 190,955 shares. Before that another transaction happened on Jan 15 ’25, when Company’s insider sold 5,838 for $2.20, making the entire transaction worth $12,844. This insider now owns 102,662 shares in total.
Nkarta Inc (NKTX) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.37 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 14.51% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -2.11% during the next five years compared to -19.86% drop over the previous five years of trading.
Nkarta Inc (NASDAQ: NKTX) Trading Performance Indicators
Take a look at Nkarta Inc’s (NKTX) current performance indicators. Last quarter, stock had a quick ratio of 14.45.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.66, a number that is poised to hit -0.43 in the next quarter and is forecasted to reach -1.36 in one year’s time.
Technical Analysis of Nkarta Inc (NKTX)
Let’s dig in a bit further. During the last 5-days, its volume was 6.93 million. That was better than the volume of 1.52 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 60.84%. Additionally, its Average True Range was 0.18.
During the past 100 days, Nkarta Inc’s (NKTX) raw stochastic average was set at 21.20%, which indicates a significant decrease from 51.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 168.25% in the past 14 days, which was higher than the 93.19% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.98, while its 200-day Moving Average is $3.77. However, in the short run, Nkarta Inc’s stock first resistance to watch stands at $1.92. Second resistance stands at $2.00. The third major resistance level sits at $2.08. If the price goes on to break the first support level at $1.76, it is likely to go to the next support level at $1.68. The third support level lies at $1.60 if the price breaches the second support level.
Nkarta Inc (NASDAQ: NKTX) Key Stats
The company with the Market Capitalisation of 130.57 million has total of 70,958K Shares Outstanding. Its annual sales at the moment are 0 K in contrast with the sum of -117,500 K annual income. Company’s last quarter sales were recorded 0 K and last quarter income was -28,340 K.
