Humacyte Inc (NASDAQ:HUMA) has a beta value of 1.38 and has seen 1.06 million shares traded in the recent trading session. The company, currently valued at $519.18M, closed the recent trade at $4.03 per share which meant it lost -$0.31 on the day or -7.03% during that session. The HUMA stock price is -147.39% off its 52-week high price of $9.97 and 38.46% above the 52-week low of $2.48. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.34 million shares traded. The 3-month trading volume is 3.02 million shares.
The consensus among analysts is that Humacyte Inc (HUMA) is Buy stock at the moment, with a recommendation rating of 1.29. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 2 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.25.
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Humacyte Inc (NASDAQ:HUMA) trade information
Sporting -7.03% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the HUMA stock price touched $4.03 or saw a rise of 8.41%. Year-to-date, Humacyte Inc shares have moved 42.08%, while the 5-day performance has seen it change -5.28%. Over the past 30 days, the shares of Humacyte Inc (NASDAQ:HUMA) have changed -16.55%. Short interest in the company has seen 20.33 million shares shorted with days to cover at 6.37.
Wall Street analysts have a consensus price target for the stock at $8, which means that the shares’ value could jump 49.62% from the levels at last check today. The projected low price target is $6.0 while the price target rests at a high of $10.0. In that case, then, we find that the latest price level in today’s session is -148.14% off the targeted high while a plunge would see the stock gain -48.88% from the levels at last check today.
Humacyte Inc (HUMA) estimates and forecasts
Figures show that Humacyte Inc shares have underperformed across the wider relevant industry. The company’s shares have lost -32.01% over the past 6 months, with this year growth rate of -18.69%, compared to 17.20% for the industry. Revenue growth from the last financial year stood is estimated to be 0.00%.
7 analysts offering their estimates for the company have set an average revenue estimate of 214.29k for the current quarter. 4 have an estimated revenue figure of 2.58M for the next ending quarter.
HUMA Dividends
Humacyte Inc is expected to release its next earnings report in January this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Humacyte Inc (NASDAQ:HUMA)’s Major holders
Insiders own 26.87% of the company shares, while shares held by institutions stand at 30.01% with a share float percentage of 41.04%. Investors are also buoyed by the number of investors in a company, with Humacyte Inc having a total of 194.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 7.14 million shares worth more than $34.27 million. As of 2024-06-30, BLACKROCK INC. held 6.5961% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 4.73 million shares as of 2024-06-30. The firm’s total holdings are worth over $22.7 million and represent 4.3693% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are SPDR (R) Ser Tr-SPDR (R) S&P (R) Biotech ETF and Vanguard Total Stock Market Index Fund. As of Sep 30, 2024, the former fund manager holds about 2.26% shares in the company for having 2.84 shares of worth $11.57 million while later fund manager owns 2.59 shares of worth $10.57 million as of Sep 30, 2024, which makes it owner of about 2.06% of company’s outstanding stock.