Benitec Biopharma Inc. (NASDAQ:BNTC) currently has a daily average trading volume of 333.36K but it saw 3071073 shares traded on Thursday. With a market cap of 6.31M USD, stock’s current market price of $0.24 came rising about 13.39 while comparing to the previous closing price of $0.21. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.10 and as low as $0.13. In the recent trading on the day, stock has struck highest price mark of $0.315 while lowest mark touched by it was $0.209.
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Taking a look at 20-day trading activity of Benitec Biopharma Inc. (BNTC) gives us an average price of $0.2129, while its current price level is -88.75% below from 52-week high level whereas it is 80.44% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.2152 while that of 200 days or SMA-200 reads an average of $0.2881. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.67% during that period while stretching the period over a month that decreases to 12.44%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 58.30 which implies that the stock is in neutral territory.
Benitec Biopharma Inc. (BNTC)’s stock is currently under the radar of 1 analysts who are in consensus at a 12-month price target range of between $4.00 and $4.00 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $4.00 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $4.00. Average price target assigned by them is $4.00 which highlights an upside potential of 94.0% for the stock over that period. And to attain the median price target of $4.00 assigned by those analysts, stock has to add about 94.0% of value to its current levels.
Data by FactSet Research shows that 1 analysts have issued their ratings for the stock. 0 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 1 analysts suggested the investors to Buy the stock while 0 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Buy for the stock and that issued by Wall Street to investors is Moderate Buy.
Over the week, BNTC’s stock price is moving 19.90% up while it is 18.40% when we observe its performance for the past one month. Year-to-date it is 38.94% up and over the past year, the stock is showing a downside performance of -74.04%.
The latest quarterly earnings report issued by the company was for quarter ended 3/30/2023, when its quarterly earnings per share (EPS) of -$0.16 beat the consensus estimate of -$0.2 for the same. The company is expected to be releasing its next quarterly report in 09/27/2023, for which analysts forecasted an EPS of -$0.19 while estimate for next year EPS is -$0.78. For BNTC, analysts are forecasting an EPS-growth rate of 65.00% for current year and estimate for EPS growth in next year is -21.80%.
Currently, Benitec Biopharma Inc.’s total number of outstanding shares is 27.98M with 7.93% of that held by the insiders while 52.09% of its common stock has been owned by the institutions. Stock’s beta reads 1.14. Stock has a price to book (P/B) ratio of 1.39 while price to sale or P/S ratio amounts to 92.74.
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