In last trading session, Hookipa Pharma Inc (NASDAQ:HOOK) saw 0.39 million shares changing hands with its beta currently measuring 0.78. Company’s recent per share price level of $0.52 trading at $0.05 or 10.21% at ring of the bell on the day assigns it a market valuation of $43.57M. That closing price of HOOK’s stock is at a discount of -294.23% from its 52-week high price of $2.05 and is indicating a premium of 21.15% from its 52-week low price of $0.41. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.32 million shares which gives us an average trading volume of 318.08K if we extend that period to 3-months.
For Hookipa Pharma Inc (HOOK), analysts’ consensus is at an average recommendation of a Buy while assigning it a mean rating of 1.29. Splitting up the data highlights that, out of 7 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 6 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$0.2 in the current quarter.
Hookipa Pharma Inc (NASDAQ:HOOK) trade information
Upright in the green during last session for gaining 10.21%, in the last five days HOOK remained trading in the green while hitting it’s week-highest on Friday, 11/17/23 when the stock touched $0.52 price level, adding 3.7% to its value on the day. Hookipa Pharma Inc’s shares saw a change of -35.93% in year-to-date performance and have moved 16.42% in past 5-day. Hookipa Pharma Inc (NASDAQ:HOOK) showed a performance of 7.01% in past 30-days. Number of shares sold short was 0.31 million shares which calculate 0.93 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $4.68 to the stock, which implies a rise of 88.89% to its current value. Analysts have been projecting $2.25 as a low price target for the stock while placing it at a high target of $7.00. It follows that stock’s current price would drop -1246.15% in reaching the projected high whereas dropping to the targeted low would mean a loss of -332.69% for stock’s current value.
Hookipa Pharma Inc (HOOK) estimates and forecasts
Statistics highlight that Hookipa Pharma Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -62.39% of value to its shares in past 6 months, showing an annual growth rate of -3.03% while that of industry is 14.80. Apart from that, the company came lowering its revenue forecast for fiscal year 2023. The company is estimating its revenue growth to decrease by -17.60% in the current quarter and calculating 18.50% increase in the next quarter. This year revenue growth is estimated to rise 21.20% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $4.55 million for the same. And 1 analysts are in estimates of company making revenue of $2.4 million in the next quarter that will end on Mar 2024. Company posted $7.83 million and $4.39 million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to shrink by -41.90% while estimating it to be -45.30% for the next quarter.
In 2023, company’s earnings growth rate is likely to be around 12.46% while estimates for its earnings growth in next 5 years are of 14.50%.
Hookipa Pharma Inc is more likely to be releasing its next quarterly report on November 09 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Hookipa Pharma Inc (NASDAQ:HOOK)’s Major holders
Insiders are in possession of 5.01% of company’s total shares while institution are holding 40.58 percent of that, with stock having share float percentage of 42.72%. Investors also watch the number of corporate investors in a company very closely, which is 40.58% institutions for Hookipa Pharma Inc that are currently holding shares of the company. Baker Brothers Advisors, LLC is the top institutional holder at HOOK for having 8.07 million shares of worth $4.19 million. And as of Sep 29, 2023, it was holding 9.89% of the company’s outstanding shares.
The second largest institutional holder is Artal Group S.A., which was holding about 5.67 million shares on Sep 29, 2023. The number of shares represents firm’s hold over 6.95% of outstanding shares, having a total worth of $2.94 million.
On the other hand, Vanguard Total Stock Market Index Fund and Variable Insurance Products Fund-Growth Portfolio are the top two Mutual Funds which own company’s shares. As of Jun 29, 2023, the former fund manager was holding 1.4 million shares of worth $0.72 million or 1.71% of the total outstanding shares. The later fund manager was in possession of 1.01 million shares on Aug 30, 2023, making its stake of worth around $0.53 million in the company or a holder of 1.24% of company’s stock.