Nkarta Inc (NASDAQ: NKTX) May Be Attracting Institutional Investments

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

Nkarta Inc is listed on the NASDAQ as a member of the Healthcare sector and is a part of the Biotechnology industry. The current market capitalization of Nkarta Inc is $178.54M. A total of 1.72 million shares were traded on the day, compared to an average of 1.58M shares.

In the most recent transaction, Shook David sold 8,638 shares of NKTX for 2.20 per share on Jan 15 ’25. After the transaction, the insider now owns 190,955 company shares. In a previous transaction on Jan 15 ’25, Levin Alyssa sold 5,838 shares at 2.20 per share. NKTX shares that the insider owns now total 102,662.

Among the insiders who sold shares, Brandenberger Ralph disposed of 7,447 shares on Jan 15 ’25 at a per-share price of $2.20. This resulted in the Chief Technical Officer holding 124,796 shares of NKTX after the transaction. In another insider transaction, HASTINGS PAUL J sold 17,378 shares at $2.20 per share on Jan 15 ’25. Company shares held by the Chief Executive Officer now total 319,859.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, NKTX has a high of $16.24 and a low of $2.08.

As of this writing, NKTX has an earnings estimate of -$0.4 per share for the current quarter. EPS was calculated based on a consensus of 4.0 estimates, with a high estimate of -$0.36 per share and a lower estimate of -$0.43.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. NKTX’s latest balance sheet shows that the firm has $238.09M in Cash & Short Term Investments as of fiscal 2021. There were $12.46M in debt and $12.94M in liabilities at the time. Its Book Value Per Share was $6.11, while its Total Shareholder’s Equity was $250.97M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for NKTX is Buy with a score of 4.89.

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