Nektar Therapeutics (NASDAQ: NKTR) is 124.78% higher on its value in year-to-date trading and has touched a low of $0.41 and a high of $1.93 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The NKTR stock was last observed hovering at around $1.34 in the last trading session, with the day’s loss setting it -0.07%.
Currently trading at $1.27, the stock is -7.37% and -5.28% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.0 million and changing -5.22% at the moment leaves the stock 35.19% off its SMA200. NKTR registered 143.95% gain for a year compared to 6-month gain of 134.19%.
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The stock witnessed a 8.55% loss in the last 1 month and extending the period to 3 months gives it a -23.03%, and is -7.30% 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 7.62% over the week and 8.72% over the month.
Nektar Therapeutics (NKTR) has around 137 employees, a market worth around $233.71M and $90.17M in sales. Profit margin for the company is -195.02%. Distance from 52-week low is 207.80% and -34.13% from its 52-week high. The company has generated returns on investments over the last 12 months (-51.83%).
The EPS is expected to grow by 49.31% this year
The shares outstanding are 191.38M, and float is at 178.72M with Short Float at 5.44%.
Nektar Therapeutics (NKTR) Insider Activity
The most recent transaction is an insider sale by CHESS ROBERT, the company’s Director. SEC filings show that CHESS ROBERT sold 19,500 shares of the company’s common stock on Jun 14 ’24 at a price of $1.20 per share for a total of $23400.0. Following the sale, the insider now owns 0.26 million shares.
Nektar Therapeutics disclosed in a document filed with the SEC on May 17 ’24 that ROBIN HOWARD W (President & CEO) sold a total of 16,650 shares of the company’s common stock. The trade occurred on May 17 ’24 and was made at $1.75 per share for $29138.0. Following the transaction, the insider now directly holds 0.86 million shares of the NKTR stock.
Still, SEC filings show that on May 17 ’24, Zalevsky Jonathan (Chief R&D Officer) disposed off 7,355 shares at an average price of $1.75 for $12871.0. The insider now directly holds 257,670 shares of Nektar Therapeutics (NKTR).
