Nkarta Inc (NASDAQ: NKTX) is -34.14% lower on its value in year-to-date trading and has touched a low of $1.57 and a high of $16.24 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 NKTX stock was last observed hovering at around $1.65 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $1.64, the stock is -18.49% and -26.60% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.22 million and changing -0.61% at the moment leaves the stock -61.11% off its SMA200. NKTX registered -87.23% loss for a year compared to 6-month loss of -69.11%.
The stock witnessed a -24.42% gain in the last 1 month and extending the period to 3 months gives it a -42.86%, and is -8.89% 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 7.01% over the week and 6.92% over the month.
Nkarta Inc (NKTX) has around 150 employees, a market worth around $115.73M and $0.00M in sales. Distance from 52-week low is 4.46% and -89.90% from its 52-week high. The company has generated returns on investments over the last 12 months (-21.71%).
The EPS is expected to grow by 30.94% this year
The shares outstanding are 70.57M, and float is at 46.28M with Short Float at 20.79%.
The top institutional shareholder in the company is RA CAPITAL MANAGEMENT, L.P. with over 10.81 million shares valued at $63.86 million. The investor’s holdings represent 14.702 of the NKTX Shares outstanding. As of 2024-06-30, the second largest holder is BOXER CAPITAL, LLC with 5.61 million shares valued at $33.14 million to account for 7.6296 of the shares outstanding. The other top investors are COMMODORE CAPITAL LP which holds 4.15 million shares representing 5.6481 and valued at over $24.53 million, while BLACKROCK INC. holds 5.5234 of the shares totaling 4.06 million with a market value of $23.99 million.
Nkarta Inc (NKTX) Insider Activity
A total of 0 insider transactions have happened at Nkarta Inc (NKTX) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by Shook David,. SEC filings show that Shook David sold 8,638 shares of the company’s common stock on Jan 15 ’25 at a price of $2.20 per share for a total of $19004.0. Following the sale, the insider now owns 0.19 million shares.
Nkarta Inc disclosed in a document filed with the SEC on Jan 15 ’25 that Levin Alyssa sold a total of 5,838 shares of the company’s common stock. The trade occurred on Jan 15 ’25 and was made at $2.20 per share for $12844.0. Following the transaction, the insider now directly holds 0.1 million shares of the NKTX stock.
Still, SEC filings show that on Jan 15 ’25, Brandenberger Ralph (Chief Technical Officer) disposed off 7,447 shares at an average price of $2.20 for $16383.0. The insider now directly holds 124,796 shares of Nkarta Inc (NKTX).
Nkarta Inc (NKTX): Who are the competitors?
One of the company’s main competitors (and peers) include Bristol Myers Squibb Co. (BMY) that is trading 12.06% up over the past 12 months.Gilead Sciences Inc. (GILD) lies in the list of competitors of the Nkarta Inc and is 58.94% higher over the same period from NKTXCRISPR Therapeutics AG (CRSP) is -45.76% down on the 1-year trading charts.
