During the last session, Fulcrum Therapeutics Inc (NASDAQ:FULC)’s traded shares were 0.42 million, with the beta value of the company hitting 2.23. At the end of the trading day, the stock’s price was $3.21, reflecting an intraday gain of 1.58% or $0.05. The 52-week high for the FULC share is $13.70, that puts it down -326.79 from that peak though still a striking 10.59% gain since the share price plummeted to a 52-week low of $2.87. The company’s market capitalization is $200.31M, and the average intraday trading volume over the past 10 days was 0.54 million shares, and the average trade volume was 1.64 million shares over the past three months.
Fulcrum Therapeutics Inc (FULC) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.62. FULC has a Sell rating from 0 analyst(s) out of 13 analysts who have looked at this stock. 4 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 9 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 -0.41.
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Fulcrum Therapeutics Inc (NASDAQ:FULC) trade information
Fulcrum Therapeutics Inc (FULC) registered a 1.58% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.58% in intraday trading to $3.21, hitting a weekly high. The stock’s 5-day price performance is 0.63%, and it has moved by -12.41% in 30 days. Based on these gigs, the overall price performance for the year is -14.40%. The short interest in Fulcrum Therapeutics Inc (NASDAQ:FULC) is 5.52 million shares and it means that shorts have 3.59 day(s) to cover.
The consensus price target of analysts on Wall Street is $4, which implies an increase of 19.75% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $2 and $23 respectively. As a result, FULC is trading at a discount of -616.51% off the target high and 37.69% off the low.
Fulcrum Therapeutics Inc (FULC) estimates and forecasts
Statistics show that Fulcrum Therapeutics Inc has outperformed its competitors in share price, compared to the industry in which it operates. Fulcrum Therapeutics Inc (FULC) shares have gone down -58.58% during the last six months, with a year-to-date growth rate more than the industry average at 82.39% against 17.10. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to shrink -5.10% this quarter and then jump 15.00% in the quarter after that. In the rating firms’ projections, revenue will increase 2,764.50% compared to the previous financial year.
As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 1.05M and 871k respectively.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 1.09%. While earnings are projected to return 82.53% in 2024, the next five years will return 16.40% per annum.
FULC Dividends
Fulcrum Therapeutics Inc is due to release its next quarterly earnings on 2024-Nov-05. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Fulcrum Therapeutics Inc (NASDAQ:FULC)’s Major holders
Fulcrum Therapeutics Inc insiders own 1.62% of total outstanding shares while institutional holders control 93.57%, with the float percentage being 95.11%. RA CAPITAL MANAGEMENT, L.P. is the largest shareholder of the company, while 162.0 institutions own stock in it. As of 2024-06-30, the company held over 11.61 million shares (or 18.7302% of all shares), a total value of $71.98 million in shares.
The next largest institutional holding, with 5.85 million shares, is of RTW INVESTMENTS, LP’s that is approximately 9.4314% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $36.24 million.
