During the last session, X4 Pharmaceuticals Inc. (NASDAQ:XFOR)’s traded shares were 3.69 million, with the beta value of the company hitting 0.65. At the end of the trading day, the stock’s price was $1.97, reflecting an intraday loss of -4.37% or -$0.09. The 52-week high for the XFOR share is $2.41, that puts it down -22.34 from that peak though still a striking 67.01% gain since the share price plummeted to a 52-week low of $0.65. The company’s market capitalization is $222.41M, and the average intraday trading volume over the past 10 days was 7.11 million shares, and the average trade volume was 2.91 million shares over the past three months.
X4 Pharmaceuticals Inc. (XFOR) received a consensus recommendation of a Buy from analysts. That translates to a mean rating of 1.70. XFOR has a Sell rating from 0 analyst(s) out of 8 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 8 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 -$0.16.
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X4 Pharmaceuticals Inc. (NASDAQ:XFOR) trade information
X4 Pharmaceuticals Inc. (XFOR) registered a -4.37% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -4.37% in intraday trading to $1.97 this Wednesday, 05/24/23, hitting a weekly high. The stock’s 5-day price performance is -10.45%, and it has moved by 45.93% in 30 days. Based on these gigs, the overall price performance for the year is 51.54%. The short interest in X4 Pharmaceuticals Inc. (NASDAQ:XFOR) is 3.03 million shares and it means that shorts have 1 day(s) to cover.
X4 Pharmaceuticals Inc. (XFOR) estimates and forecasts
Statistics show that X4 Pharmaceuticals Inc. has outperformed its competitors in share price, compared to the industry in which it operates. X4 Pharmaceuticals Inc. (XFOR) shares have gone up 9.44% during the last six months, with a year-to-date growth rate more than the industry average at 58.55% against 11.40. Yet analysts are ramping up their growth forecast for the fiscal year 2023. Revenue is predicted to grow 73.30% this quarter and then jump 46.20% in the quarter after that.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 36.10%. While earnings are projected to return 61.90% in 2023.
XFOR Dividends
X4 Pharmaceuticals Inc. is due to release its next quarterly earnings on May 04. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
X4 Pharmaceuticals Inc. (NASDAQ:XFOR)’s Major holders
X4 Pharmaceuticals Inc. insiders own 0.66% of total outstanding shares while institutional holders control 58.56%, with the float percentage being 58.95%. Bain Capital Life Sciences Investors, LLC is the largest shareholder of the company, while 73 institutions own stock in it. As of Mar 30, 2023, the company held over 12.2 million shares (or 10.07% of all shares), a total value of $10.62 million in shares.
The next largest institutional holding, with 11.74 million shares, is of NEA Management Company, LLC’s that is approximately 9.68% of outstanding shares. At the market price on Mar 30, 2023, these shares were valued at $10.21 million.
Also, the Mutual Funds coming in first place with the largest holdings of X4 Pharmaceuticals Inc. (XFOR) shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. Data provided on Dec 30, 2022 indicates that Vanguard Total Stock Market Index Fund owns about 2.9 million shares. This amounts to just over 2.38 percent of the company’s overall shares, with a $2.88 million market value. The same data shows that the other fund manager holds slightly less at 0.52 million, or about 0.42% of the stock, which is worth about $0.51 million.