Ultragenyx Pharmaceutical Inc (NASDAQ: RARE) is -9.10% lower on its value in year-to-date trading and has touched a low of $37.02 and a high of $60.37 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 RARE stock was last observed hovering at around $42.94 in the last trading session, with the day’s gains setting it 0.53%.
Currently trading at $43.47, the stock is -7.34% and -12.82% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.18 million and changing 1.23% at the moment leaves the stock -9.24% off its SMA200. RARE registered -9.83% loss for a year compared to 6-month gain of 9.77%. The firm has a 50-day simple moving average (SMA 50) of $50.0604 and a 200-day simple moving average (SMA200) of $47.93615.
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The stock witnessed a -3.68% loss in the last 1 month and extending the period to 3 months gives it a -26.01%, and is -7.29% 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 4.42% over the week and 3.68% over the month.
Ultragenyx Pharmaceutical Inc (RARE) has around 1276 employees, a market worth around $4.01B and $522.75M in sales. Profit margin for the company is -106.93%. Distance from 52-week low is 17.42% and -27.99% from its 52-week high. The company has generated returns on investments over the last 12 months (-46.58%).
The EPS is expected to grow by 24.09% this year
431.0 institutions hold shares in Ultragenyx Pharmaceutical Inc (RARE), with institutional investors hold 101.11% of the company’s shares. The shares outstanding are 92.24M, and float is at 83.35M with Short Float at 4.05%. Institutions hold 97.44% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 9.78 million shares valued at $401.98 million. The investor’s holdings represent 11.6039 of the RARE Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 5.6 million shares valued at $230.3 million to account for 6.648 of the shares outstanding. The other top investors are SANDS CAPITAL MANAGEMENT, LLC which holds 5.35 million shares representing 6.353 and valued at over $220.08 million, while WELLINGTON MANAGEMENT GROUP LLP holds 5.4056 of the shares totaling 4.56 million with a market value of $187.26 million.
Ultragenyx Pharmaceutical Inc (RARE) Insider Activity
The most recent transaction is an insider sale by KAKKIS EMIL D, the company’s President & CEO. SEC filings show that KAKKIS EMIL D sold 8,273 shares of the company’s common stock on Dec 10 ’24 at a price of $50.00 per share for a total of $0.41 million. Following the sale, the insider now owns 2.2 million shares.
Still, SEC filings show that on Oct 10 ’24, Horn Howard (Chief Financial Officer) disposed off 7,465 shares at an average price of $52.76 for $0.39 million. The insider now directly holds 92,301 shares of Ultragenyx Pharmaceutical Inc (RARE).
