NantKwest, Inc. (NASDAQ:NK) traded at $12.85 at last check on Tuesday, Jun 30, making an upward move of 18.76% on its previous day’s price.
Looking at the stock we see that its previous close was $10.82 and the beta (5Y monthly) reads 3.05 with the day’s price range being $11.08 – 13.00. In terms of its 52-week price range, NK has a high of $13.11 and a low of $1.03. The company’s stock has gained about 60.53% over that past 30 days.
On the other hand, looking at the outlook for the NK stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 100% Buy.
Based on estimates by 1 analysts where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 1 have rated the NantKwest, Inc. (NK) stock as a Hold, while none rate it as a Buy. None analysts rate it as outperform while none of them rated it as underperform, whereas none suggests the stock as a Sell. The stock has an overall rating of Hold and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the NK stock currently stands at 0, and the current price level is 54.9% off its SMA20 and 109.14% from its 50-day simple moving average. The RSI (14) is pointing at 71.68 while the volatility over the past week is 14.62% and jumps to 15.95% over the past one month. The beta value is 3.08, while the average true range (ATR) is currently pointing at 1.36. The average price target for the stock over the next 12 months is $3.5, with the estimates having a low of $3.5 and a high of $3.5. These price ends are -72.76% and -72.76% off the current price level respectively, although investors could be excited at the prospect of a -72.76% if the NK share price touches on the median price of $3.5.
Let’s briefly compare NantKwest, (NK) stock to its peers. We find that today’s price change of +18.76% and +960.78% over the past 12 months for NK betters that of Amgen Inc (AMGN), which has seen its stock price rise 0.62% in the latest trading session and is +25.66% over the last one year. Another of its peers Gilead Sciences Inc (GILD) has climbed 2.09% today, and is +10.36% up over the past year, while Vertex Pharmaceutic (VRTX) is also up 18.76% yet its price remains in the green at 960.78% over the same period. Amgen has a P/E ratio of 18.14 compared to NantKwest,’s 0 and Gilead’s 19.17. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at 0.04% and 0.46%, respectively, in early deals.
Coming back to NantKwest, Inc. (NASDAQ:NK), we note that the average 3-month trading volume was 2.23 Million, while that of the preceding 10-day period stands at 6.13 Million. Current shares outstanding are 98.51 Million.
According to data from Thomson Reuters, insiders hold 71.73% of the company’s shares while institutions hold 5.99%. The data shows that short shares as of June 14, 2020, stood at 4.67 Million at a short ratio of 1.45. This represents a 4.74% Short interest in Shares outstanding on June 14, 2020. Shares short dropped in June from the previous month at 4.89 Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock +185.49% up in year-to-date price movement.