uniQure N.V (NASDAQ:QURE) price on current trading day, rose 4.77% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $6.59.
A look at the stock’s price movement, the close in the last trading session was $6.29, moving within a range at $6.1421 and $6.65. The beta value (5-Year monthly) was 0.902. Turning to its 52-week performance, $11.35 and $3.73 were the 52-week high and 52-week low respectively. Overall, QURE moved 8.75% over the past month.
uniQure N.V’s market cap currently stands at around $321.21 million, with investors looking forward to this quarter’s earnings report slated for in January.
The average forecast suggests up to a 198.27% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 35.79M, representing a 145.16% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that QURE is a 100% Buy. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
7 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 6 recommend QURE as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
QURE’s current price about 2.06% and 8.27% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 53.77, while 7-day volatility ratio is 9.56% and 8.71% in the 30-day chart. Further, uniQure N.V (QURE) has a beta value of 0.86, and an average true range (ATR) of 0.54. Analysts have given the company’s stock an average 52-week price target of $57.5, forecast between a low of $34 and high of $62. Looking at the price targets, the low is -415.93% off current price level while to achieve the yearly target high, price needs to move -840.82%. Nonetheless, investors will most likely welcome a -772.53% jump to $57.5 which is the analysts’ median price.
If we refocus on uniQure N.V (NASDAQ:QURE), historical trading data shows that trading volumes averaged 0.82 over the past 10 days and 740.16K over the past 3 months. The company’s latest data on shares outstanding shows there are 48.74 million shares.
The 12.45% of uniQure N.V’s shares are in the hands of company insiders while institutional holders own 75.05% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 3.17 million on 2024-11-15, giving us a short ratio of 4.2. The data shows that as of 2024-11-15 short interest in uniQure N.V (QURE) stood at 656.9999999999999 of shares outstanding, with shares short falling to 5.73 million registered in 2024-10-15. Current price change has pushed the stock -2.66% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the QURE stock continues to rise going into the next quarter.
