HCW Biologics Inc (NASDAQ: HCWB) is -3.88% lower on its value in year-to-date trading and has touched a low of $0.21 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 $0.54 in the last trading session, with the day’s loss setting it -0.11%.
Currently trading at $0.43, the stock is 15.42% and 2.23% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.36 million and changing -21.18% at the moment leaves the stock -34.95% off its SMA200. HCWB registered -62.71% loss for a year compared to 6-month loss of -28.55%. The firm has a 50-day simple moving average (SMA 50) of $0.42982 and a 200-day simple moving average (SMA200) of $0.66538.
The stock witnessed a -2.32% gain in the last 1 month and extending the period to 3 months gives it a -0.28%, and is 65.50% 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 32.44% over the week and 18.63% over the month.
HCW Biologics Inc (HCWB) has around 45 employees, a market worth around $16.22M and $3.50M in sales. Profit margin for the company is -1067.83%. Distance from 52-week low is 103.90% and -82.98% from its 52-week high.
with sales reaching $7M over the same period.The EPS is expected to grow by 18.57% this year, but quarterly earnings will post 222.75% year-over-year. Quarterly sales are estimated to grow 428.70% in year-over-year returns.
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.
