Akari Therapeutics Plc (NASDAQ:AKTX) currently has a daily average trading volume of 497.47K but it saw 871622 shares traded on Thursday. With a market cap of 17.34M USD, stock’s current market price of $0.17 came falling about -8.74 while comparing to the previous closing price of $0.19. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.61 and as low as $0.14. In the recent trading on the day, stock has struck highest price mark of $0.2079 while lowest mark touched by it was $0.1521.
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Taking a look at 20-day trading activity of Akari Therapeutics Plc (AKTX) gives us an average price of $0.1868, while its current price level is -89.23% below from 52-week high level whereas it is 22.54% 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 $0.1990 while that of 200 days or SMA-200 reads an average of $0.5093. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.74% during that period while stretching the period over a month that decreases to 12.01%. 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 39.97 which implies that the stock is in neutral territory.
Akari Therapeutics Plc (AKTX)’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 95.75% 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 95.75% 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, AKTX’s stock price is moving -15.54% down while it is -8.74% when we observe its performance for the past one month. Year-to-date it is -63.10% down and over the past year, the stock is showing a downside performance of -84.52%.
The latest quarterly earnings report issued by the company was for quarter ended 3/30/2021, when its quarterly earnings per share (EPS) of $0 beat the consensus estimate of $0 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 -$0.05 while estimate for next year EPS is -$0.2.
Currently, Akari Therapeutics Plc’s total number of outstanding shares is 101.12M. Stock’s beta reads 1.29. Stock has a price to book (P/B) ratio of 5.78.
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