NanoString Technologies Inc. (NASDAQ: NSTG) is -84.63% lower on its value in year-to-date trading and has touched a low of $4.37 and a high of $43.81 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NSTG stock was last observed hovering at around $6.54 in the last trading session, with the day’s loss setting it -0.05%.
Currently trading at $6.49, the stock is -22.57% and -39.58% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.47 million and changing -0.76% at the moment leaves the stock -64.54% off its SMA200. NSTG registered -84.69% loss for a year compared to 6-month loss of -58.79%.
The stock witnessed a -37.89% gain in the last 1 month and extending the period to 3 months gives it a -55.43%, and is -9.10% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.26% over the week and 12.85% over the month.
NanoString Technologies Inc. (NSTG) has around 766 employees, a market worth around $298.67M and $135.30M in sales. Distance from 52-week low is 48.51% and -85.19% from its 52-week high. The company has generated returns on investments over the last 12 months (-27.00%).
NanoString Technologies Inc. (NSTG) Analyst Forecasts
The EPS is expected to grow by 9.70% this year
NanoString Technologies Inc. (NSTG) Top Institutional Holders
The shares outstanding are 46.53M, and float is at 46.24M with Short Float at 9.51%.
NanoString Technologies Inc. (NSTG) Insider Activity
A total of 11 insider transactions have happened at NanoString Technologies Inc. (NSTG) in the last six months, with sales accounting for 1 and purchases happening 10 times. The most recent transaction is an insider sale by FINNEY ELISHA W, the company’s Director. SEC filings show that FINNEY ELISHA W sold 1,945 shares of the company’s common stock on Jun 17 at a price of $12.41 per share for a total of $24137.0. Following the sale, the insider now owns 6595.0 shares.
NanoString Technologies Inc. disclosed in a document filed with the SEC on Mar 15 that GRAY R BRADLEY (President and CEO) sold a total of 8,625 shares of the company’s common stock. The trade occurred on Mar 15 and was made at $27.81 per share for $0.24 million. Following the transaction, the insider now directly holds 0.2 million shares of the NSTG stock.
Still, SEC filings show that on Mar 15, BEECHEM JOSEPH M (SVP, Research & Development) disposed off 2,436 shares at an average price of $27.81 for $67740.0. The insider now directly holds 85,372 shares of NanoString Technologies Inc. (NSTG).
NanoString Technologies Inc. (NSTG): Who are the competitors?
The company’s main competitors (and peers) include Thermo Fisher Scientific Inc. (TMO) that is trading -13.51% down over the past 12 months and Standard BioTools Inc. (LAB) that is -69.27% lower over the same period. Pacific Biosciences of California Inc. (PACB) is -54.74% down on the 1-year trading charts.