Akero Therapeutics Inc (NASDAQ: AKRO) Stock Forecast For 2024: Increases Growth Prospects To $9 Per Share

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In the last trading session, 1.01 million Akero Therapeutics Inc (NASDAQ:AKRO) shares changed hands as the company’s beta touched -0.32. With the company’s per share price at $19.50 changed hands at $1.18 or 6.44% during last session, the market valuation stood at $1.35B. AKRO’s last price was a discount, traded about -199.38% off its 52-week high of $58.38. The share price had its 52-week low at $11.25, which suggests the last value was 42.31% up since then. When we look at Akero Therapeutics Inc’s average trading volume, we note the 3-month average coming to 1.21 million.

Akero Therapeutics Inc (NASDAQ:AKRO) trade information

Instantly AKRO was in green as seen at the end of in last trading. With action -3.18%, the performance over the past five days has been red. The jump to weekly highs of 20.86 added 6.44% to the stock’s daily price. The company’s shares are showing year-to-date downside of -16.49%, with the 5-day performance at -3.18% in the red. However, in the 30-day time frame, Akero Therapeutics Inc (NASDAQ:AKRO) is -1.22% down.

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Akero Therapeutics Inc (AKRO) estimates and forecasts

Data shows that the Akero 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 19.34% over the past 6 months, a -33.91% in annual growth rate that is considerably lower than the industry average of 15.30%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 1.03%. The 2024 estimates are for Akero Therapeutics Inc earnings to decrease by -33.39%.

AKRO Dividends

Akero Therapeutics Inc is expected to release its next quarterly earnings report in June.