Akero Therapeutics Inc (AKRO) is gearing up for another turning point as it hit the volume of 6.81 million

On Tuesday, Akero Therapeutics Inc (NASDAQ: AKRO) was 24.72% up from the session before settling in for the closing price of $38.14. A 52-week range for AKRO has been $17.86 – $58.40.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

When this article was written, the company’s average yearly earnings per share was at -3.81%. With a float of $71.21 million, this company’s outstanding shares have now reached $79.67 million.

Considering the fact that the conglomerate employs 63 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 0.0%, operating margin of 0.0%, and the pretax margin is 0.0%.

Akero Therapeutics Inc (AKRO) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Akero Therapeutics Inc stocks. The insider ownership of Akero Therapeutics Inc is 10.67%, while institutional ownership is 101.94%. The most recent insider transaction that took place on May 15 ’25, was worth 392,978. In this transaction Chief Development Officer of this company sold 10,000 shares at a rate of $39.30, taking the stock ownership to the 95,034 shares. Before that another transaction happened on May 15 ’25, when Company’s Officer proposed sale 30,000 for $37.88, making the entire transaction worth $1,136,400.

Akero Therapeutics Inc (AKRO) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.95 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -3.81% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -8.83% during the next five years compared to -5.28% drop over the previous five years of trading.

Akero Therapeutics Inc (NASDAQ: AKRO) Trading Performance Indicators

You can see what Akero Therapeutics Inc (AKRO) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 16.80.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.75, a number that is poised to hit -0.93 in the next quarter and is forecasted to reach -4.41 in one year’s time.

Technical Analysis of Akero Therapeutics Inc (AKRO)

Compared to the last year’s volume of 1.4 million, its volume of 2.41 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 39.99%. Additionally, its Average True Range was 3.09.

During the past 100 days, Akero Therapeutics Inc’s (AKRO) raw stochastic average was set at 70.78%, which indicates a significant decrease from 87.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 110.28% in the past 14 days, which was lower than the 127.21% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $41.25, while its 200-day Moving Average is $34.80. Nevertheless, the first resistance level for the watch stands at $51.78 in the near term. At $56.00, the stock is likely to face the second major resistance level. The third major resistance level sits at $62.94. If the price goes on to break the first support level at $40.62, it is likely to go to the next support level at $33.68. Should the price break the second support level, the third support level stands at $29.46.

Akero Therapeutics Inc (NASDAQ: AKRO) Key Stats

There are 79,718K outstanding shares of the company, which has a market capitalization of 3.79 billion. As of now, sales total 0 K while income totals -252,060 K. Its latest quarter income was 0 K while its last quarter net income were -70,730 K.

News Daemon
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.