With 6.95 million shares changed hands, the volume of the stock remained heavier than its average volume of 5.57 million shares. The 52-week range on AKBA shows that it touched its highest point at $4.08 and its lowest point at $0.80 during that stretch. It currently has a 1-year price target of $7.40. Beta for the stock currently stands at 0.86.
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 AKBA was down-trending over the past week, with a drop of -1.92%, but this was up by 46.91% over a month. Three-month performance surged to 84.97% while six-month performance rose 74.15%. The stock gained 236.79% in the past year, while it has gained 87.89% so far this year. A look at the trailing 12-month EPS for AKBA yields -0.22 with Next year EPS estimates of 0.07. For the next quarter, that number is -0.01. This implies an EPS growth rate of 80.61% for this year and 215.62% for next year.
Float and Shares Shorts:
At present, 261.64 million AKBA shares are outstanding with a float of 251.87 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 AKBA since 4 analysts follow the stock currently. There are 4 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 -$0.26479 being high and -$0.34627 being low. For AKBA, this leads to a yearly average estimate of -$0.30553.
