With 0.57 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.35 million shares. The 52-week range on NKTX shows that it touched its highest point at $8.23 and its lowest point at $1.31 during that stretch. It currently has a 1-year price target of $13.20. Beta for the stock currently stands at 0.70.
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 NKTX was down-trending over the past week, with a drop of -15.84%, but this was down by -6.08% over a month. Three-month performance dropped to -25.11% while six-month performance fell -41.58%. The stock lost -75.29% in the past year, while it has lost -31.73% so far this year. A look at the trailing 12-month EPS for NKTX yields -1.51 with Next year EPS estimates of -1.39. For the next quarter, that number is -0.35. This implies an EPS growth rate of 12.86% for this year and 0.02% for next year. EPS is expected to decline by -4.67% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -19.86%.
Float and Shares Shorts:
At present, 70.96 million NKTX shares are outstanding with a float of 52.16 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 NKTX since 8 analysts follow the stock currently. There are 8 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 -$1.58842 being high and -$1.71668 being low. For NKTX, this leads to a yearly average estimate of -$1.65748. Based on analyst estimates, the high estimate for the next quarter is -$0.26 and the low estimate is -$0.51. The average estimate for the next quarter is thus -$0.35.
