NantKwest, Inc. (NASDAQ:NK) has a beta value of 3.05 and has seen 4,005,290 shares traded in the last trading session. The company, currently valued at $980.17 Million, closed the last trade at $9.95 per share which meant it lost -$1.17 on the day or -10.52% during that session. The NK stock price is -31.76% off its 52-week high price of $13.11 and 89.85% above the 52-week low of $1.01. If we look at the company’s 10-day average daily trading volume, we find that it stood at 4.95 Million shares traded. The 3-month trading volume is 2.21 Million shares.
The consensus among analysts is that NantKwest, Inc. (NK) is a Hold stock at the moment, with a recommendation rating of 3. None of the analysts rate the stock as a Sell, while none rate it as Overweight. 1 out of 1 have rated it as a Hold, with no one of them advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.19.
NantKwest, Inc. (NASDAQ:NK) trade information
Despite being -10.52% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Monday, Jun 22 when the NK stock price touched $13.11- or saw a rise of 24.1%. Year-to-date, NantKwest, Inc. shares have moved 162.53%, while the 5-day performance has seen it change 12.56%. Over the past 30 days, the shares of NantKwest, Inc. (NASDAQ:NK) have changed 82.57%. Short interest in the company has seen 4.67 Million shares shorted with days to cover at 2.11.
Wall Street analysts have a consensus price target for the stock at $3.5, which means that the shares’ value could jump -64.82% from current levels. The projected low price target is $3.5 while the price target rests at a high of $3.5. In that case, then, we find that the current price level is -64.82% off the targeted high while a plunge would see the stock lose -64.82% from current levels.
NantKwest, Inc. (NK) estimates and forecasts
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -54.1% over the past 5 years. Earnings growth for 2020 is a modest +42.6% while over the next 5 years, the company’s earnings are expected to increase by -1.7%.
NantKwest, Inc. (NASDAQ:NK)’s Major holders
Insiders own 71.73% of the company shares, while shares held by institutions stand at 5.99% with a share float percentage of 21.2%. Investors are also buoyed by the number of investors in a company, with NantKwest, Inc. having a total of 64 institutions that hold shares in the company. The top two institutional holders are Renaissance Technologies, LLC with over 1.69 Million shares worth more than $4.87 Million. As of March 30, 2020, Renaissance Technologies, LLC held 1.72% of shares outstanding.
The other major institutional holder is Vanguard Group, Inc. (The), with the holding of over 1.39 Million shares as of March 30, 2020. The firm’s total holdings are worth over $4.01 Million and represent 1.41% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. As of March 30, 2020, the former fund manager holds about 0.84% shares in the company for having 823130 shares of worth $2.37 Million while later fund manager owns 492.43 Thousand shares of worth $1.42 Million as of March 30, 2020, which makes it owner of about 0.5% of company’s outstanding stock.