Bicycle Therapeutics Plc ADR (NASDAQ:BCYC) Currently -14.86% Below Its 52-Week High But The Downside Potential May Surprise You

In last trading session, Bicycle Therapeutics Plc ADR (NASDAQ:BCYC) saw 0.22 million shares changing hands with its beta currently measuring 0.91. Company’s recent per share price level of $24.96 trading at $0.26 or 1.05% at ring of the bell on the day assigns it a market valuation of $1.72B. That closing price of BCYC’s stock is at a discount of -14.86% from its 52-week high price of $28.67 and is indicating a premium of 49.76% from its 52-week low price of $12.54. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.43 million shares which gives us an average trading volume of 404.53K if we extend that period to 3-months.

For Bicycle Therapeutics Plc ADR (BCYC), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.47. Splitting up the data highlights that, out of 4 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 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.88 in the current quarter.

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Bicycle Therapeutics Plc ADR (NASDAQ:BCYC) trade information

Upright in the green during last session for gaining 1.05%, in the last five days BCYC remained trading in the green while hitting it’s week-highest on Thursday, 11/07/24 when the stock touched $24.96 price level, adding 1.42% to its value on the day. Bicycle Therapeutics Plc ADR’s shares saw a change of 38.05% in year-to-date performance and have moved 9.91% in past 5-day. Bicycle Therapeutics Plc ADR (NASDAQ:BCYC) showed a performance of -0.32% in past 30-days. Number of shares sold short was 2.92 million shares which calculate 6.34 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 55 to the stock, which implies a rise of 54.62% to its current value. Analysts have been projecting 28 as a low price target for the stock while placing it at a high target of 76. It follows that stock’s current price would drop -12.18% in reaching the projected high whereas dropping to the targeted low would mean a loss of -12.18% for stock’s current value.

Bicycle Therapeutics Plc ADR (BCYC) estimates and forecasts

Statistics highlight that Bicycle Therapeutics Plc ADR is scoring comparatively higher than the scores of other players of the relevant industry. The company added 9.04% of value to its shares in past 6 months, showing an annual growth rate of 40.75% while that of industry is 16.60. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 39.50% from the last financial year’s standing.

10 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 6.01M for the same. And 4 analysts are in estimates of company making revenue of 5.96M in the next quarter. Company posted 5.33M and 19.53M of sales in current and next quarters respectively a year earlier.

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 -12.36% during past 5 years.

Bicycle Therapeutics Plc ADR (NASDAQ:BCYC)’s Major holders

Insiders are in possession of 1.31% of company’s total shares while institution are holding 91.73 percent of that, with stock having share float percentage of 92.94%. Investors also watch the number of corporate investors in a company very closely, which is 91.73% institutions for Bicycle Therapeutics Plc ADR that are currently holding shares of the company. BAKER BROS. ADVISORS LP is the top institutional holder at BCYC for having 9.4 million shares of worth $190.26 million. And as of 2024-06-30, it was holding 22.0863 of the company’s outstanding shares.

The second largest institutional holder is DEEP TRACK CAPITAL, LP, which was holding about 3.49 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.2014 of outstanding shares, having a total worth of $70.65 million.