At the time of writing, Kodiak Sciences Inc [KOD] stock is trading at $6.21, up 5.08%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The KOD shares have gain 3.33% over the last week, with a monthly amount glided 29.65%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, CapitalOne upgraded its rating to Overweight on November 17, 2023, and elevated its price target to $12. On July 27, 2023, downgrade downgraded it’s rating to Neutral and revised its price target to $4 on the stock. JP Morgan downgraded its rating to a Underweight. Chardan Capital Markets downgraded its rating to a Neutral. Jefferies downgraded its rating to Hold for this stock on July 24, 2023. In a note dated July 24, 2023, CapitalOne downgraded an Equal Weight rating on this stock but restated the target price of $7.
For the past year, the stock price of Kodiak Sciences Inc fluctuated between $1.37 and $9.80. Currently, Wall Street analysts expect the stock to reach $32.8 within the next 12 months. Kodiak Sciences Inc [NASDAQ: KOD] shares were valued at $6.21 at the most recent close of the market. An investor can expect a potential return of 428.18% based on the average KOD price forecast.
Analyzing the KOD fundamentals
To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 3.28 and Total Capital is -0.6. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.28.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 5.88 points at the first support level, and at 5.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.39, and for the 2nd resistance point, it is at 6.56.
Ratios To Look Out For
It is important to note that Kodiak Sciences Inc [NASDAQ:KOD] has a current ratio of 4.96. In addition, the Quick Ratio stands at 4.96 and the Cash Ratio stands at 4.88.
Transactions by insiders
Recent insider trading involved BORGESON JOHN A., that happened on Jun 16 ’23 when 2749.0 shares were sold., EHRLICH JASON completed a deal on Jun 16 ’23 to sell 2258.0 shares. Meanwhile, BORGESON JOHN A. sold 1448.0 shares on Jun 14 ’23.
