In the last trading session, 1.17 million Nkarta Inc (NASDAQ:NKTX) shares changed hands as the company’s beta touched 0.88. With the company’s per share price at $1.88 changed hands at -$0.09 or -4.57% during last session, the market valuation stood at $132.67M. NKTX’s last price was a discount, traded about -763.83% off its 52-week high of $16.24. The share price had its 52-week low at $1.93, which suggests the last value was -2.66% down since then.
Analysts gave the Nkarta Inc (NKTX) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 8 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended NKTX as a Hold, 8 felt it is a Buy and 0 rated the stock as Underweight.
Nkarta Inc (NASDAQ:NKTX) trade information
Instantly NKTX was in red as seen at the end of in last trading. With action -17.18%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -24.50%, with the 5-day performance at -17.18% in the red. However, in the 30-day time frame, Nkarta Inc (NASDAQ:NKTX) is -24.50% down.
The consensus price target for the stock as assigned by Wall Street analysts is 16, meaning bulls need an upside of 88.25% from its current market value. According to analyst projections, NKTX’s forecast low is 15 with 36 as the target high. To hit the forecast high, the stock’s price needs a -1814.89% plunge from its current level, while the stock would need to soar -697.87% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -209.81%. The 2025 estimates are for Nkarta Inc earnings to increase by 30.94%, but the outlook for the next 5-year period is at 8.66% per year.
NKTX Dividends
Nkarta Inc is expected to release its next quarterly earnings report in March.
BOXER CAPITAL, LLC holds the second largest percentage of outstanding shares, with 7.6296% or 5.61 million shares worth $33.14 million as of 2024-06-30.
