MiNK Therapeutics Inc (NASDAQ: INKT) is 366.78% higher on its value in year-to-date trading and has touched a low of $4.56 and a high of $76.00 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 INKT stock was last observed hovering at around $64.17 in the last trading session, with the day’s loss setting it -23.56%.
Currently trading at $40.61, the stock is 242.62% and 345.12% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.03 million and changing -36.71% at the moment leaves the stock 398.48% off its SMA200. INKT registered 482.72% gain for a year compared to 6-month loss of 420.64%. The firm has a 50-day simple moving average (SMA 50) of $9.12348 and a 200-day simple moving average (SMA200) of $8.146745.
The stock witnessed a 435.05% gain in the last 1 month and extending the period to 3 months gives it a 435.75%, and is 479.32% 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 69.71% over the week and 20.11% over the month.
MiNK Therapeutics Inc (INKT) has around 23 employees, a market worth around $161.86M and $0.00M in sales. Distance from 52-week low is 790.55% and -46.57% from its 52-week high.
The EPS is expected to grow by 30.94% this year.
MiNK Therapeutics Inc (INKT) Top Institutional Holders
22.0 institutions hold shares in MiNK Therapeutics Inc (INKT), with institutional investors hold 6.17% of the company’s shares. The shares outstanding are 3.97M, and float is at 0.99M with Short Float at 1.30%. Institutions hold 1.58% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 0.23 million shares valued at $0.22 million. The investor’s holdings represent 0.676% of the INKT Shares outstanding. As of 2024-06-30, the second largest holder is LONGBOW FINANCE SA with 0.17 million shares valued at $0.16 million to account for 0.4811 of the shares outstanding. The other top investors are RENAISSANCE TECHNOLOGIES LLC which holds 0.13 million shares representing 0.369% and valued at over $0.12 million, while GEODE CAPITAL MANAGEMENT, LLC holds 0.2781 of the shares totaling 96347.0 with a market value of $91473.0.
MiNK Therapeutics Inc (INKT) Insider Activity
#####
