A share price of Humacyte Inc [HUMA] is currently trading at $3.12, up 2.97%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The HUMA shares have gain 0.65% over the last week, with a monthly amount drifted -10.34%, and not seem to be holding up well over a long-time horizon.
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On 26, March 2024, Humacyte to Host Virtual KOL Event “Hemodialysis Access: A Crossroads of Care,” on March 28, 2024. In a post published today on Yahoo Finance, Humacyte, Inc. (Nasdaq: HUMA), a clinical-stage biotechnology platform company developing universally implantable, bioengineered human tissue at commercial scale, today announced it will host a virtual KOL event on Thursday, March 28, 2024 at 8:00 AM ET, featuring Timmy Lee, MD, MSPH (University of Alabama at Birmingham) and Prabir Roy-Chaudhury MD, PhD, FRCP (University of North Carolina School of Medicine) who will discuss the profiles of patients receiving an AV Access who have higher rates of complications and the associated costs of treating them. To register, click here.
From an analyst’s perspective:
Humacyte Inc [NASDAQ: HUMA] stock has seen the most recent analyst activity on December 11, 2023, when H.C. Wainwright initiated its Buy rating and assigned the stock a price target of $6. Previously, Piper Sandler upgraded its rating to Neutral on August 14, 2023, and elevated its price target to $3.50. On June 22, 2023, Cantor Fitzgerald initiated with a Overweight rating and assigned a price target of $6 on the stock. Piper Sandler downgraded its rating to a Underweight and decreased its price target to $4 on May 16, 2022. Cowen initiated its recommendation with a Outperform and recommended $17 as its price target on October 29, 2021. Oppenheimer started tracking with a Outperform rating for this stock on September 24, 2021, and assigned it a price target of $16. In a note dated September 22, 2021, BTIG Research initiated an Buy rating and provided a target price of $19 on this stock.
Humacyte Inc experienced fluctuations in its stock price throughout the past year between $1.96 and $5.60. Currently, Wall Street analysts expect the stock to reach $4.5 within the next 12 months. Humacyte Inc [NASDAQ: HUMA] shares were valued at $3.12 at the most recent close of the market. An investor can expect a potential return of 44.23% based on the average HUMA price forecast.
Analyzing the HUMA fundamentals
To continue investigating profitability, this company’s Return on Assets is posted at -1.06, Equity is -2.8 and Total Capital is -0.91. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of3.04.
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 3.00 points at the first support level, and at 2.89 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.30, and for the 2nd resistance point, it is at 3.49.
Humacyte Inc [HUMA] reported earnings per share of -$0.24 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.24/share, meaning a difference of $0 and a surprise factor of 0.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were -$0.25 per share as compared to estimates of -$0.25 per share, a difference of $0 representing a surprise of 0.00%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Humacyte Inc [NASDAQ:HUMA] is 4.52. In addition, the Quick Ratio stands at 4.52 and the Cash Ratio stands at 4.37.
Transactions by insiders
Recent insider trading involved Dougan Brady W, Director, that happened on Sep 14 ’23 when 2.0 million shares were sold. President, CEO and Director, Niklason Laura E completed a deal on Sep 14 ’23 to sell 2.0 million shares. Meanwhile, 10% Owner Ayabudge LLC sold 0.6 million shares on Aug 21 ’23.
