HCW Biologics Inc (NASDAQ: HCWB) is -41.92% lower on its value in year-to-date trading and has touched a low of $0.28 and a high of $2.52 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 HCWB stock was last observed hovering at around $0.32 in the last trading session, with the day’s loss setting it -0.06%.
Currently trading at $0.26, the stock is -30.39% and -42.94% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.52 million and changing -20.03% at the moment leaves the stock -62.40% off its SMA200. HCWB registered -77.47% loss for a year compared to 6-month loss of -58.94%. The firm has a 50-day simple moving average (SMA 50) of $0.45506 and a 200-day simple moving average (SMA200) of $0.695495.
The stock witnessed a -38.01% gain in the last 1 month and extending the period to 3 months gives it a -43.98%, and is -23.79% 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 18.18% over the week and 14.34% over the month.
HCW Biologics Inc (HCWB) has around 45 employees, a market worth around $9.80M and $3.50M in sales. Profit margin for the company is -1067.83%. Distance from 52-week low is -6.16% and -89.72% from its 52-week high.
The EPS is expected to grow by 18.57% this year
18.0 institutions hold shares in HCW Biologics Inc (HCWB), with institutional investors hold 6.56% of the company’s shares. The shares outstanding are 37.82M, and float is at 19.75M with Short Float at 0.28%. Institutions hold 3.13% of the Float.
The top institutional shareholder in the company is AVANTAX PLANNING PARTNERS, INC. with over 0.28 million shares valued at $0.18 million. The investor’s holdings represent 0.751 of the HCWB Shares outstanding. As of 2024-06-30, the second largest holder is HIGHTOWER ADVISORS, LLC with 0.18 million shares valued at $0.12 million to account for 0.4857 of the shares outstanding. The other top investors are GEODE CAPITAL MANAGEMENT, LLC which holds 0.17 million shares representing 0.4577 and valued at over $0.11 million, while CRESSET ASSET MANAGEMENT, LLC holds 0.3546 of the shares totaling 0.13 million with a market value of $85398.0.
