With 3.5 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.92 million shares. The 52-week range on AKBA shows that it touched its highest point at $1.84 and its lowest point at $0.49 during that stretch. It currently has a 1-year price target of $4.33. Beta for the stock currently stands at 0.78.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AKBA was up-trending over the past week, with a rise of 26.67%, but this was up by 1.79% over a month. Three-month performance surged to 71.00% while six-month performance rose 22.14%. The stock gained 86.91% in the past year, while it has gained 37.90% so far this year. A look at the trailing 12-month EPS for AKBA yields -0.33 with Next year EPS estimates of -0.27. For the next quarter, that number is -0.04. This implies an EPS growth rate of 39.71% for this year and 11.11% for next year.
Float and Shares Shorts:
At present, 184.14 million AKBA shares are outstanding with a float of 165.56 million shares on hand for trading. On Feb 15, 2024, short shares totaled 8.0 million, which was 4.25% higher than short shares on Jan 12, 2024. In addition to Mr. John P. Butler MBA as the firm’s CEO, President & Director, Mr. Michel Dahan serves as its Senior VP & COO.
Institutional Ownership:
Through their ownership of 29.21% of AKBA’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AKBA since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
Dividends & Yield:
In terms of dividends, AKBA has a current ratio of $––, which is $–– over the trailing 12-months, while a dividend of $–– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and AKBA currently yields $0.00. In the past year, AKBA’s dividend yield has been $0.00, but when looking at the stock over the past five years, its yield has been $–. Accordingly, AKBA has a current buyback yield of $0.00. This was $0.00 for the TTM, and it was $– for the past five years.
Summary of Insider Activity:
Insiders traded AKBA stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has increased to 12 while that of sell transactions has risen to 4 over the past year. The total number of shares bought during that period was 1,280,000 while 285,798 shares were sold.
