In the last trading session, 2,409,263 Atreca, Inc. (NASDAQ:BCEL) shares changed hands as the company’s beta touched 0. With the company’s per share price at $7.82 changed hands at -$0.38 or -0.05% during last session, the market valuation stood at $288.51 Million. BCEL’s last price was a discount, traded about -220.08% off its 52-week high of $25.03. The share price had its 52-week low at $7.82, which suggests the last value was 0% up since then. When we look at Atreca, Inc.’s average trading volume, we note the 10-day average is 803.82 Million shares, with the 3-month average coming to 309.42 Million.
Analysts gave the Atreca, Inc. (BCEL) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.5. If we narrow down to specifics, the data shows that none out of 9 analysts rate the stock as a Sell, with a further 1 assigning it an Overweight rating. Of the remaining, none recommended BCEL as a Hold, 8 felt it is a Buy and none rated the stock as Underweight. Atreca, Inc.’s EPS for the current quarter is expected to be -$0.69.
Atreca, Inc. (NASDAQ:BCEL) trade information
Although BCEL has turned red as seen at the end of in last trading. With action -4.63%, the performance over the past five days has been red. The jump to weekly highs of $10.47 on Monday, Jun 14 added 25.31% to the stock’s daily price. The company’s shares are showing year-to-date downside of -0.52%, with the 5-day performance at -0.19% in the red. However, in the 30-day time frame, Atreca, Inc. (NASDAQ:BCEL) is -0.18% down. Looking at the short shares, we see there were 6.23 Million shares sold at short interest cover period of 0.02 days.
The consensus price target for the stock as assigned by Wall Street analysts is $29.75, meaning bulls need an upside of 280.43% from its current market value. According to analyst projections, BCEL’s forecast low is $25 with $35 as the target high. To hit the forecast high, the stock’s price needs a +347.57% upsurge from its current level, while the stock would need to tank 219.69% for it to hit the projected low.
Atreca, Inc. (BCEL) estimates and forecasts
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 0%. The 2021 estimates are for Atreca, Inc. earnings to decrease by -12.1%, but the outlook for the next 5-year period is at 0% per year.
Atreca, Inc. (NASDAQ:BCEL)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 3.29% of Atreca, Inc. shares while 93.32% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 96.49%. There are 157 institutions holding the Atreca, Inc. stock share, with Wellington Management Group, LLP the top institutional holder. As of Mar 30, 2021, the company held 13.72% of the shares, roughly 4.14 Million BCEL shares worth $63.46 Million.
Baker Brothers Advisors, LLC holds the second largest percentage of outstanding shares, with 11.71% or 3.53 Million shares worth $54.16 Million as of Mar 30, 2021.
Among Mutual Funds, the top two as of Mar 30, 2021 were Vanguard Total Stock Market Index Fund and SPDR (R) Ser Tr-SPDR (R) S&P (R) Biotech ETF. With 797264 shares estimated at $12.22 Million under it, the former controlled 2.64% of total outstanding shares. On the other hand, SPDR (R) Ser Tr-SPDR (R) S&P (R) Biotech ETF held about 2.3% of the shares, roughly 694.8 Thousand shares worth around $8.3 Million.