Nurix Therapeutics Inc (NASDAQ: NRIX): Why Investors Shouldn’t Ditch NRIX Stock In 2024

In the last trading session, 3.88 million Nurix Therapeutics Inc (NASDAQ:NRIX) shares changed hands as the company’s beta touched 2.02. With the company’s per share price at $16.74 changed hands at -$0.47 or -2.73% during last session, the market valuation stood at $822.77M. NRIX’s last price was a discount, traded about -8.24% off its 52-week high of $18.12. The share price had its 52-week low at $4.22, which suggests the last value was 74.79% up since then. When we look at Nurix Therapeutics Inc’s average trading volume, we note the 3-month average coming to 847.85K.

Nurix Therapeutics Inc (NASDAQ:NRIX) trade information

Instantly NRIX was in red as seen at the end of in last trading. With action 20.43%, the performance over the past five days has been green. The drop to weekly highs of 18.12 subtracted -2.73% to the stock’s daily price. The company’s shares are showing year-to-date upside of 62.21%, with the 5-day performance at 20.43% in the green. However, in the 30-day time frame, Nurix Therapeutics Inc (NASDAQ:NRIX) is 15.61% up.

Nurix Therapeutics Inc (NRIX) estimates and forecasts

Data shows that the Nurix Therapeutics Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 152.49% over the past 6 months, a -25.28% in annual growth rate that is considerably lower than the industry average of 13.00%. Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -59.00%. The 2024 estimates are for Nurix Therapeutics Inc earnings to decrease by -15.95%.