X4 Pharmaceuticals Inc (NASDAQ:XFOR) Shares Plunged -5.96% In A Week – But Can It Maintain Its Gains?

In last trading session, X4 Pharmaceuticals Inc (NASDAQ:XFOR) saw 0.63 million shares changing hands with its beta currently measuring 0.36. Company’s recent per share price level of $0.65 trading at -$0.03 or -3.51% at ring of the bell on the day assigns it a market valuation of $109.78M. That closing price of XFOR’s stock is at a discount of -146.15% from its 52-week high price of $1.60 and is indicating a premium of 18.46% from its 52-week low price of $0.53. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.74 million shares which gives us an average trading volume of 1.97 million if we extend that period to 3-months.

For X4 Pharmaceuticals Inc (XFOR), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.33. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.17 in the current quarter.

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X4 Pharmaceuticals Inc (NASDAQ:XFOR) trade information

Upright in the red during last session for losing -3.51%, in the last five days XFOR remained trading in the red while hitting it’s week-highest on Tuesday, 09/03/24 when the stock touched $0.65 price level, adding 10.96% to its value on the day. X4 Pharmaceuticals Inc’s shares saw a change of -22.30% in year-to-date performance and have moved -5.96% in past 5-day. X4 Pharmaceuticals Inc (NASDAQ:XFOR) showed a performance of 3.23% in past 30-days. Number of shares sold short was 15.37 million shares which calculate 10.76 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 3 to the stock, which implies a rise of 78.33% to its current value. Analysts have been projecting 3 as a low price target for the stock while placing it at a high target of 5. It follows that stock’s current price would drop -361.54% in reaching the projected high whereas dropping to the targeted low would mean a loss of -361.54% for stock’s current value.

X4 Pharmaceuticals Inc (XFOR) estimates and forecasts

Statistics highlight that X4 Pharmaceuticals Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -28.93% of value to its shares in past 6 months, showing an annual growth rate of 61.40% while that of industry is 17.90. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 1.69M for the same. And 7 analysts are in estimates of company making revenue of 3.94M in the next quarter.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 73.95% during past 5 years.

X4 Pharmaceuticals Inc (NASDAQ:XFOR)’s Major holders

Insiders are in possession of 1.15% of company’s total shares while institution are holding 66.34 percent of that, with stock having share float percentage of 67.11%. Investors also watch the number of corporate investors in a company very closely, which is 66.34% institutions for X4 Pharmaceuticals Inc that are currently holding shares of the company. BAIN CAPITAL LIFE SCIENCES INVESTORS, LLC is the top institutional holder at XFOR for having 16.92 million shares of worth $9.81 million. And as of 2024-06-30, it was holding 8.4582 of the company’s outstanding shares.

The second largest institutional holder is NEA MANAGEMENT COMPANY, LLC, which was holding about 14.99 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.4937 of outstanding shares, having a total worth of $8.69 million.