During the last session, NexImmune Inc. (NASDAQ:NEXI)’s traded shares were 0.12 million. At the end of the trading day, the stock’s price was $1.28, reflecting an intraday gain of 4.07% or $0.05. The 52-week high for the NEXI share is $18.78, that puts it down -1367.19 from that peak though still a striking 15.62% gain since the share price plummeted to a 52-week low of $1.08. The company’s market capitalization is $31.83M, and the average intraday trading volume over the past 10 days was 0.25 million shares, and the average trade volume was 1.19 million shares over the past three months.
NexImmune Inc. (NEXI) received a consensus recommendation of an Overweight from analysts. That translates to a mean rating of 2.00. NEXI has a Sell rating from 0 analyst(s) out of 4 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 2 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -$0.68.
NexImmune Inc. (NASDAQ:NEXI) trade information
NexImmune Inc. (NEXI) registered a 4.07% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 4.07% in intraday trading to $1.28 this Friday, 08/05/22, hitting a weekly high. The stock’s 5-day price performance is 11.30%, and it has moved by -26.86% in 30 days. Based on these gigs, the overall price performance for the year is -88.13%. The short interest in NexImmune Inc. (NASDAQ:NEXI) is 0.46 million shares and it means that shorts have 0.15 day(s) to cover.
The consensus price target of analysts on Wall Street is $7.00, which implies an increase of 81.71% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $4.00 and $12.00 respectively. As a result, NEXI is trading at a discount of -837.5% off the target high and -212.5% off the low.
NexImmune Inc. (NEXI) estimates and forecasts
Statistics show that NexImmune Inc. has underperformed its competitors in share price, compared to the industry in which it operates. NexImmune Inc. (NEXI) shares have gone down -52.42% during the last six months, with a year-to-date growth rate less than the industry average at -1.18% against 1.00. Yet analysts are ramping up their growth forecast for the fiscal year 2022. Revenue is predicted to shrink -25.90% this quarter and then drop -7.70% in the quarter after that.
While earnings are projected to return -65.20% in 2022.
NexImmune Inc. is due to release its next quarterly earnings between March 29 and April 04. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
NexImmune Inc. (NASDAQ:NEXI)’s Major holders
NexImmune Inc. insiders own 35.09% of total outstanding shares while institutional holders control 42.06%, with the float percentage being 64.79%. ArrowMark Colorado Holdings LLC is the largest shareholder of the company, while 80 institutions own stock in it. As of Mar 30, 2022, the company held over 1.33 million shares (or 5.81% of all shares), a total value of $5.58 million in shares.
The next largest institutional holding, with 1.2 million shares, is of Artal Group S.A.’s that is approximately 5.25% of outstanding shares. At the market price on Mar 30, 2022, these shares were valued at $5.05 million.
Also, the Mutual Funds coming in first place with the largest holdings of NexImmune Inc. (NEXI) shares are Fidelity Select Portfolios – Biotechnology and Vanguard Total Stock Market Index Fund. Data provided on May 30, 2022 indicates that Fidelity Select Portfolios – Biotechnology owns about 0.53 million shares. This amounts to just over 2.30 percent of the company’s overall shares, with a $1.2 million market value. The same data shows that the other fund manager holds slightly less at 0.19 million, or about 0.85% of the stock, which is worth about $0.82 million.