In the last trading session, 2,295,161 Marker Therapeutics, Inc. (NASDAQ:MRKR) shares changed hands as the company’s beta touched 1.23. With the company’s per share price at $3.21 changed hands at -$0.14 or -0.04% during last session, the market valuation stood at $266.48 Million. MRKR’s last price was a discount, traded about -17.45% off its 52-week high of $3.77. The share price had its 52-week low at $1.32, which suggests the last value was 58.88% up since then. When we look at Marker Therapeutics, Inc.’s average trading volume, we note the 10-day average is 1.32 Million shares, with the 3-month average coming to 2.8 Million.
Analysts gave the Marker Therapeutics, Inc. (MRKR) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.7. If we narrow down to specifics, the data shows that none out of 4 analysts rate the stock as a Sell, with a further none assigning it an Overweight rating. Of the remaining, none recommended MRKR as a Hold, 4 felt it is a Buy and none rated the stock as Underweight. Marker Therapeutics, Inc.’s EPS for the current quarter is expected to be -$0.12.
Marker Therapeutics, Inc. (NASDAQ:MRKR) trade information
Although MRKR has turned red as seen at the end of in last trading. With action -4.18%, the performance over the past five days has been red. The jump to weekly highs of $3.65- on Monday, Jun 14 added 12.05% to the stock’s daily price. The company’s shares are showing year-to-date upside of 1.21%, with the 5-day performance at -0.04% in the red. However, in the 30-day time frame, Marker Therapeutics, Inc. (NASDAQ:MRKR) is 0.32% up. Looking at the short shares, we see there were 2.38 Million shares sold at short interest cover period of 0.85 days.
The consensus price target for the stock as assigned by Wall Street analysts is $6.5, meaning bulls need an upside of 102.49% from its current market value. According to analyst projections, MRKR’s forecast low is $6 with $8 as the target high. To hit the forecast high, the stock’s price needs a +149.22% upsurge from its current level, while the stock would need to tank 86.92% for it to hit the projected low.
Marker Therapeutics, Inc. (MRKR) 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 42%. The 2021 estimates are for Marker Therapeutics, Inc. earnings to decrease by -29.8%, but the outlook for the next 5-year period is at 0% per year.
Marker Therapeutics, Inc. (NASDAQ:MRKR)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 19.96% of Marker Therapeutics, Inc. shares while 33.67% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 42.07%. There are 100 institutions holding the Marker Therapeutics, Inc. stock share, with NEA Management Company, LLC the top institutional holder. As of Mar 30, 2021, the company held 12.91% of the shares, roughly 10.71 Million MRKR shares worth $24Million.
Aisling Capital Management LP holds the second largest percentage of outstanding shares, with 3.79% or 3.14 Million shares worth $7.04 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 Victory Portfolios-Victory RS Science & Technology Fund. With 1908193 shares estimated at $4.27 Million under it, the former controlled 2.3% of total outstanding shares. On the other hand, Victory Portfolios-Victory RS Science & Technology Fund held about 0.87% of the shares, roughly 722.25 Thousand shares worth around $1.62 Million.