With 1.24 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.53 million shares. The 52-week range on KNSA shows that it touched its highest point at $28.15 and its lowest point at $16.56 during that stretch. It currently has a 1-year price target of $34.20. Beta for the stock currently stands at 0.35.
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 KNSA was up-trending over the past week, with a rise of 8.63%, but this was up by 13.29% over a month. Three-month performance dropped to -3.12% while six-month performance fell -20.01%. The stock lost -1.61% in the past year, while it has gained 8.14% so far this year. A look at the trailing 12-month EPS for KNSA yields -0.61 with Next year EPS estimates of 1.10. For the next quarter, that number is 0.08. This implies an EPS growth rate of 195.00% for this year and 92.28% for next year.
Float and Shares Shorts:
At present, 41.88 million KNSA shares are outstanding with a float of 40.16 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for KNSA since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.30059 being high and -$0.43657 being low. For KNSA, this leads to a yearly average estimate of -$0.39363. Based on analyst estimates, the high estimate for the next quarter is $0.38 and the low estimate is $0.34. The average estimate for the next quarter is thus $0.36.
