With 0.95 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.48 million shares. The 52-week range on NKTX shows that it touched its highest point at $16.24 and its lowest point at $1.74 during that stretch. It currently has a 1-year price target of $13.71. Beta for the stock currently stands at 0.93.
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 NKTX was down-trending over the past week, with a drop of -14.63%, but this was down by -21.88% over a month. Three-month performance dropped to -32.43% while six-month performance fell -67.47%. The stock lost -84.70% in the past year, while it has lost -29.72% so far this year. A look at the trailing 12-month EPS for NKTX yields -1.87 with Next year EPS estimates of -1.68. For the next quarter, that number is -0.40. This implies an EPS growth rate of 30.94% for this year and -1.43% for next year. EPS is expected to grow by 8.66% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -209.81%.
Float and Shares Shorts:
At present, 70.57 million NKTX shares are outstanding with a float of 46.28 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NKTX since 8 analysts follow the stock currently. There are 8 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$1.58842 being high and -$1.71668 being low. For NKTX, this leads to a yearly average estimate of -$1.65748. Based on analyst estimates, the high estimate for the next quarter is -$0.42 and the low estimate is -$0.44. The average estimate for the next quarter is thus -$0.43.
