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Arcturus Therapeutics Holdings Inc (ARCT) – Don’t Be So Quick to Call it Dead

Arcturus Therapeutics Holdings Inc (NASDAQ: ARCT) is -11.48% lower on its value in year-to-date trading and has touched a low of $17.52 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 ARCT stock was last observed hovering at around $25.57 in the last trading session, with the day’s gains setting it 2.34%.

Currently trading at $27.91, the stock is -3.59% and -16.34% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.94 million and changing 9.15% at the moment leaves the stock -6.49% off its SMA200. ARCT registered 6.85% gain for a year compared to 6-month gain of 49.57%.

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The stock witnessed a -13.38% loss in the last 1 month and extending the period to 3 months gives it a -15.35%, and is 3.45% up 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 5.73% over the week and 6.37% over the month.

Arcturus Therapeutics Holdings Inc (ARCT) has around 180 employees, a market worth around $751.34M and $160.88M in sales. Profit margin for the company is -16.53%. Distance from 52-week low is 59.30% and -36.29% from its 52-week high. The company has generated returns on investments over the last 12 months (-8.73%).

The EPS is expected to shrink by -162.18% this year

The shares outstanding are 26.83M, and float is at 24.56M with Short Float at 18.78%.

Arcturus Therapeutics Holdings Inc (ARCT) Insider Activity

The most recent transaction is an insider sale by Chivukula Pad, the company’s Chief Scientific Officer & COO. SEC filings show that Chivukula Pad sold 17,435 shares of the company’s common stock on Mar 25 ’24 at a price of $35.02 per share for a total of $0.61 million. Following the sale, the insider now owns 0.47 million shares.

Arcturus Therapeutics Holdings Inc disclosed in a document filed with the SEC on Mar 19 ’24 that Chivukula Pad (Chief Scientific Officer & COO) sold a total of 8,565 shares of the company’s common stock. The trade occurred on Mar 19 ’24 and was made at $35.01 per share for $0.3 million. Following the transaction, the insider now directly holds 0.49 million shares of the ARCT stock.

Still, SEC filings show that on Nov 01 ’23, Chivukula Pad (Chief Scientific Officer & COO) disposed off 5,000 shares at an average price of $18.72 for $93602.0. The insider now directly holds 499,448 shares of Arcturus Therapeutics Holdings Inc (ARCT).

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