Akoya Biosciences Inc (NASDAQ: AKYA) is -47.46% lower on its value in year-to-date trading and has touched a low of $0.93 and a high of $3.42 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 AKYA stock was last observed hovering at around $1.33 in the last trading session, with the day’s gains setting it 472.31%.
Currently trading at $473.64K, the stock is -0.12% and 3.45% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.2 million and changing 4203721% at the moment leaves the stock -40.42% off its SMA200. AKYA registered -45.85% loss for a year compared to 6-month loss of -47.46%. The firm has a 50-day simple moving average (SMA 50) of $1.19862 and a 200-day simple moving average (SMA200) of $2.08108.
The stock witnessed a 1.64% gain in the last 1 month and extending the period to 3 months gives it a -16.78%, and is -1.59% 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 8.14% over the week and 6.74% over the month.
Akoya Biosciences Inc (AKYA) has around 205 employees, a market worth around $61.94M and $79.96M in sales. Profit margin for the company is -59.45%. Distance from 52-week low is 33.19% and -63.74% from its 52-week high.
with sales reaching $19.4M over the same period.The EPS is expected to grow by 27.81% this year, but quarterly earnings will post -0.25% year-over-year. Quarterly sales are estimated to shrink -16.25% in year-over-year returns.
Akoya Biosciences Inc (AKYA) Top Institutional Holders
95.0 institutions hold shares in Akoya Biosciences Inc (AKYA), with institutional investors hold 254.54% of the company’s shares. The shares outstanding are 49.84M, and float is at 20.82M with Short Float at 12.70%. Institutions hold 69.80% of the Float.
The top institutional shareholder in the company is BLUE WATER LIFE SCIENCE ADVISORS, LP with over 4.7 million shares valued at $10.99 million. The investor’s holdings represent 9.5058% of the AKYA Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 1.5 million shares valued at $3.51 million to account for 3.039 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 1.46 million shares representing 2.9621% and valued at over $3.43 million, while GEODE CAPITAL MANAGEMENT, LLC holds 1.1374 of the shares totaling 0.56 million with a market value of $1.32 million.
