Kodiak Sciences Inc (NASDAQ: KOD) is 233.88% higher on its value in year-to-date trading and has touched a low of $2.18 and a high of $8.10 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 KOD stock was last observed hovering at around $7.83 in the last trading session, with the day’s gains setting it 2.32%.
Currently trading at $10.15, the stock is 56.81% and 118.99% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.98 million and changing 29.63% at the moment leaves the stock 168.11% off its SMA200. KOD registered 230.62% gain for a year compared to 6-month gain of 265.11%. The firm has a 50-day simple moving average (SMA 50) of $4.4852 and a 200-day simple moving average (SMA200) of $3.7615.
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The stock witnessed a 111.02% loss in the last 1 month and extending the period to 3 months gives it a 315.98%, and is 36.61% 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 12.41% over the week and 9.10% over the month.
Kodiak Sciences Inc (KOD) has around 111 employees, a market worth around $569.01M and $0.00M in sales. Distance from 52-week low is 364.53% and 25.31% from its 52-week high. The company has generated returns on investments over the last 12 months (-54.97%).
The EPS is expected to grow by 31.71% this year.
Kodiak Sciences Inc (KOD) Top Institutional Holders
144.0 institutions hold shares in Kodiak Sciences Inc (KOD), with institutional investors hold 82.46% of the company’s shares. The shares outstanding are 52.62M, and float is at 48.64M with Short Float at 2.79%. Institutions hold 77.79% of the Float.
The top institutional shareholder in the company is BAKER BROS. ADVISORS LP with over 17.31 million shares valued at $40.68 million. The investor’s holdings represent 32.9658% of the KOD Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 3.85 million shares valued at $9.04 million to account for 7.3258 of the shares outstanding. The other top investors are ACADIAN ASSET MANAGEMENT LLC which holds 1.97 million shares representing 3.743% and valued at over $4.61 million, while VANGUARD GROUP INC holds 3.1526 of the shares totaling 1.66 million with a market value of $3.89 million.
Kodiak Sciences Inc (KOD) Insider Activity
The most recent transaction is an insider sale by BORGESON JOHN A. SEC filings show that BORGESON JOHN A. sold 2,874 shares of the company’s common stock on Jun 17 ’24 at a price of $2.75 per share for a total of $7904.0. Following the sale, the insider now owns 0.18 million shares.
Kodiak Sciences Inc disclosed in a document filed with the SEC on Jun 12 ’24 that BORGESON JOHN A.sold a total of 1,558 shares of the company’s common stock. The trade occurred on Jun 12 ’24 and was made at $2.92 per share for $4549.0. Following the transaction, the insider now directly holds 0.18 million shares of the KOD stock.
