Arcturus Therapeutics Holdings Inc (ARCT) is 33.97% away from 50-day simple Moving Average despite all headwinds

Shaun Noe

On Friday, Arcturus Therapeutics Holdings Inc (NASDAQ: ARCT) was 9.16% up from the session before settling in for the closing price of $20.31. A 52-week range for ARCT has been $8.04 – $25.88.

It was noted that within the last five years, the titan of the Healthcare sector saw sales slided by -6.84%. When this article was written, the company’s average yearly earnings per share was at 14.81%. With a float of $24.86 million, this company’s outstanding shares have now reached $27.15 million.

Arcturus Therapeutics Holdings Inc (ARCT) Insider and Institutional Ownership

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Arcturus Therapeutics Holdings Inc stocks. The insider ownership of Arcturus Therapeutics Holdings Inc is 8.44%, while institutional ownership is 95.20%. The most recent insider transaction that took place on Oct 15 ’24, was worth 249,121. In this transaction Chief Scientific Officer & COO of this company sold 12,000 shares at a rate of $20.76, taking the stock ownership to the 435,334 shares. Before that another transaction happened on Oct 15 ’24, when Company’s Officer proposed sale 12,000 for $20.76, making the entire transaction worth $249,121.

Arcturus Therapeutics Holdings Inc (ARCT) Latest Financial update

Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted -0.26 earnings per share (EPS) during the time that was better than consensus figure (set at -1.02) by 0.76. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.94 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 14.81% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 56.02% during the next five years compared to -6.84% drop over the previous five years of trading.

Arcturus Therapeutics Holdings Inc (NASDAQ: ARCT) Trading Performance Indicators

You can see what Arcturus Therapeutics Holdings Inc (ARCT) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 5.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.48.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.22, a number that is poised to hit -0.83 in the next quarter and is forecasted to reach -2.43 in one year’s time.

Technical Analysis of Arcturus Therapeutics Holdings Inc (ARCT)

The latest stats from [Arcturus Therapeutics Holdings Inc, ARCT] show that its last 5-days average volume of 0.64 million was superior to 0.49 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 80.29%.

During the past 100 days, Arcturus Therapeutics Holdings Inc’s (ARCT) raw stochastic average was set at 98.05%, which indicates a significant increase from 96.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 1.17 in the past 14 days, which was higher than the 1.03 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $16.55, while its 200-day Moving Average is $14.72. Now, the first resistance to watch is $22.88. This is followed by the second major resistance level at $23.58. The third major resistance level sits at $24.77. If the price goes on to break the first support level at $20.99, it is likely to go to the next support level at $19.80. The third support level lies at $19.10 if the price breaches the second support level.

Arcturus Therapeutics Holdings Inc (NASDAQ: ARCT) Key Stats

There are 27,155K outstanding shares of the company, which has a market capitalization of 602.02 million. As of now, sales total 152,310 K while income totals -80,940 K. Its latest quarter income was 28,300 K while its last quarter net income were -9,180 K.

Leave a Comment

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.