Akebia Therapeutics Inc (AKBA) average volume reaches $3.92M: Is Wall Street expecting a rally?

On Friday, Akebia Therapeutics Inc (NASDAQ: AKBA) opened higher 4.39% from the last session, before settling in for the closing price of $2.28. Price fluctuations for AKBA have ranged from $0.80 to $2.89 over the past 52 weeks.

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During the last 5-year period, the sales drop of Healthcare Sector giant was -10.63%. Company’s average yearly earnings per share was noted 43.18% at the time writing. With a float of $250.51 million, this company’s outstanding shares have now reached $261.23 million.

Let’s determine the extent of company efficiency that accounts for 181 employees. In terms of profitability, gross margin is 60.08%, operating margin of -31.47%, and the pretax margin is -43.33%.

Akebia Therapeutics Inc (AKBA) Insider Activity

A key investor’s attitude towards the stock of the Drug Manufacturers – Specialty & Generic industry is another important factor to consider. The insider ownership of Akebia Therapeutics Inc is 4.10%, while institutional ownership is 23.96%. The most recent insider transaction that took place on Mar 03 ’25, was worth 84,928. In this transaction CEO and President of this company sold 46,409 shares at a rate of $1.83, taking the stock ownership to the 2,557,921 shares. Before that another transaction happened on Mar 03 ’25, when Company’s SVP, Chief Medical Officer sold 7,144 for $1.83, making the entire transaction worth $13,074. This insider now owns 809,090 shares in total.

Akebia Therapeutics Inc (AKBA) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 43.18% per share during the next fiscal year.

Akebia Therapeutics Inc (NASDAQ: AKBA) Trading Performance Indicators

Check out the current performance indicators for Akebia Therapeutics Inc (AKBA). In the past quarter, the stock posted a quick ratio of 1.21. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.88.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.33, a number that is poised to hit -0.04 in the next quarter and is forecasted to reach -0.02 in one year’s time.

Technical Analysis of Akebia Therapeutics Inc (AKBA)

Looking closely at Akebia Therapeutics Inc (NASDAQ: AKBA), its last 5-days average volume was 2.37 million, which is a drop from its year-to-date volume of 3.67 million. As of the previous 9 days, the stock’s Stochastic %D was 94.21%. Additionally, its Average True Range was 0.15.

During the past 100 days, Akebia Therapeutics Inc’s (AKBA) raw stochastic average was set at 62.77%, which indicates a significant decrease from 97.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 76.31% in the past 14 days, which was lower than the 93.89% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.96, while its 200-day Moving Average is $1.74. However, in the short run, Akebia Therapeutics Inc’s stock first resistance to watch stands at $2.43. Second resistance stands at $2.49. The third major resistance level sits at $2.57. If the price goes on to break the first support level at $2.29, it is likely to go to the next support level at $2.21. Should the price break the second support level, the third support level stands at $2.15.

Akebia Therapeutics Inc (NASDAQ: AKBA) Key Stats

There are currently 236,231K shares outstanding in the company with a market cap of 621.73 million. Presently, the company’s annual sales total 160,180 K according to its annual income of -69,410 K. Last quarter, the company’s sales amounted to 46,500 K and its income totaled -22,800 K.