Exscientia plc (NASDAQ:EXAI) currently has a daily average trading volume of 324.71K but it saw 1308504 shares traded on Thursday. With a market cap of 906.86M USD, stock’s current market price of $7.87 came falling about -2.48 while comparing to the previous closing price of $8.07. In past 52 weeks, the stock remained buoying in the range of price level as high as $16.45 and as low as $4.09. In the recent trading on the day, stock has struck highest price mark of $8.60 while lowest mark touched by it was $7.78.
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Taking a look at 20-day trading activity of Exscientia plc (EXAI) gives us an average price of $5.80, while its current price level is -52.16% below from 52-week high level whereas it is 92.42% 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 $5.67 while that of 200 days or SMA-200 reads an average of $6.91. A closer look into the stock’s movement over the week reveals that its volatility is standing at 18.19% during that period while stretching the period over a month that decreases to 9.65%. 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 72.81 which implies that the stock is in overbought territory.
Exscientia plc (EXAI)’s stock is currently under the radar of 4 analysts who are in consensus at a 12-month price target range of between $12.00 and $17.00 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 $12.00 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $17.00. Average price target assigned by them is $14.75 which highlights an upside potential of 46.64% for the stock over that period. And to attain the median price target of $15.00 assigned by those analysts, stock has to add about 47.53% of value to its current levels.
Data by FactSet Research shows that 4 analysts have issued their ratings for the stock. 0 of them are in opinions that stock is a Sell, while 1 are advising it as an Overweight. 2 analysts suggested the investors to Buy the stock while 1 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Overweight for the stock and that issued by Wall Street to investors is Moderate Buy.
Over the week, EXAI’s stock price is moving 39.05% up while it is 54.31% when we observe its performance for the past one month. Year-to-date it is 47.65% up and over the past year, the stock is showing a downside performance of -19.78%.
The latest quarterly earnings report issued by the company was for quarter ended 12/30/2022, when its quarterly earnings per share (EPS) of -$0.38 beaten by the consensus estimate of -$0.33 for the same. For EXAI, analysts are forecasting an EPS-growth rate of -45.30% for current year and estimate for EPS growth in next year is -9.40%. In next quarter, company is expected to be making quarterly sales of $8.03 million as analysts are expecting the sales for current fiscal year at $33.55 million and seeing the company making $40.26 million in sales next year. Moreover, analysts are in estimates of $7.06 million for current-quarter revenue.
Currently, Exscientia plc’s total number of outstanding shares is 122.96M with 27.88% of that held by the insiders while 28.29% of its common stock has been owned by the institutions. Stock has a price to book (P/B) ratio of 2.02 while price to sale or P/S ratio amounts to 29.73.
A filing at the U.S. Securities and Exchange Commission revealed that BlackRock Global Allocation Fund came shrinking its share ownership by -42.36% in the Exscientia plc (EXAI) decreasing its stake to 0.90% with control over -0.82 million shares in the company. As per SEC documents, BlackRock Global Allocation Fund shunned 1,110,300 of company’s common stock of worth $5.7 million as per recent closing price of the stock. BlackRock Global Allocation Fund is not the only institutional holder which restructured its stake in Exscientia plc, as BlackRock Global Funds – Global A dumped 925,685 shares of worth $4.75 million to bring its holdings to a total of -0.27 million shares. In the most recent quarter, Pictet – Biotech came rising its stake by 4.84% in the company and now holds 0.88 million or 0.72% of the company’s stake having worth of about 4.54 million.
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