With 2.47 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.03 million shares. During the session, the Biotechnology company that operates in wider Healthcare sector, reached to the highest price of $3.42 whereas the lowest price it dropped to was $3.07. The 52-week range on FATE shows that it touched its highest point at $8.83 and its lowest point at $1.96 during that stretch. It currently has a 1-year price target of $6.33. Beta for the stock currently stands at 1.94.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of FATE was up-trending over the past week, with a rise of 53.14%, but this was up by 27.31% over a month. Three-month performance dropped to -13.62% while six-month performance fell -13.86%. The stock gained 20.99% in the past year, while it has lost -15.24% so far this year. A look at the trailing 12-month EPS for FATE yields -1.65 with Next year EPS estimates of -1.67. For the next quarter, that number is -0.44. This implies an EPS growth rate of 0.38% for this year and -2.26% for next year.
Float and Shares Shorts:
At present, 98.63 million FATE shares are outstanding with a float of 97.96 million shares on hand for trading. On 2024-11-15, short shares totaled 10.39 million, which was 912.0000000000001 higher than short shares on 1728950400. In addition to Mr. J. Scott Wolchko as the firm’s Founder, CEO, CFO, President, Principal Financial & Accounting Officer and Director, Ms. Cindy R. Tahl J.D. serves as its Chief Legal & Compliance Officer and Corporate Secretary.
Institutional Ownership:
Through their ownership of 1.02088 of FATE’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, FATE reported revenue of $3074000.0 and operating income of -$52377000.0. The EBITDA in the recently reported quarter was -$47770000.0 and diluted EPS was -$0.4.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for FATE since 8 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With FATE analysts setting a high price target of 10.0 and a low target of 3.0, the average target price over the next 12 months is 6.30769. Based on these targets, FATE could surge 215.46% to reach the target high and fall by -5.36% to reach the target low. Reaching the average price target will result in a growth of 98.98% from current levels.
Analysts have provided yearly estimates in a range of -$1.12084 being high and -$2.48865 being low. For FATE, this leads to a yearly average estimate of -$1.63377.
