Kineta Inc [KA] stock is trading at $0.54, down -3.55%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The KA shares have gain 6.61% over the last week, with a monthly amount drifted -29.69%, and not seem to be holding up well over a long-time horizon.
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On 8, April 2024, Kineta Reports Initial Clinical Response Data at AACR 2024 of its Ongoing Phase 1/2 VISTA-101 Clinical Trial. In a post published today on Yahoo Finance, Partial response and stable disease reported in combination cohort, and durable stable disease observed in monotherapy cohorts.
From an analyst’s perspective:
Kineta Inc [KA] stock has fluctuated between $0.41 and $5.39 over the past year. Kineta Inc [NASDAQ: KA] shares were valued at $0.54 at the most recent close of the market.
Analyzing the KA fundamentals
Kineta Inc [NASDAQ:KA] reported sales of 5.44M for the trailing twelve months, which represents a drop of -100.00%. Gross Profit Margin for this corporation currently stands at 0.9% with Operating Profit Margin at -2.89%, Pretax Profit Margin comes in at -2.59%, and Net Profit Margin reading is -2.59%. To continue investigating profitability, this company’s Return on Assets is posted at -1.37, Equity is -4.36 and Total Capital is -4.9. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.46.
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 0.5097 points at the first support level, and at 0.4793 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.5707, and for the 2nd resistance point, it is at 0.6013.
Kineta Inc [KA] reported earnings per share of -$0.19 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 -$0.26/share, meaning a difference of $0.07 and a surprise factor of 26.90%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were -$0.46 per share as compared to estimates of -$0.55 per share, a difference of $0.09 representing a surprise of 16.40%.
Ratios To Look Out For
For context, Kineta Inc’s Current Ratio is 0.85. In addition, the Quick Ratio stands at 0.85 and the Cash Ratio stands at 0.83. Considering the valuation of this stock, the price to sales ratio is 1.09, the price to book ratio is 1.94.
Transactions by insiders
Recent insider trading involved Bartoszek Raymond J., Director, that happened on Dec 06 ’23 when 250.0 shares were purchased. Director, Bartoszek Raymond J. completed a deal on Dec 05 ’23 to buy 1000.0 shares. Meanwhile, Director Bartoszek Raymond J. bought 1000.0 shares on Dec 04 ’23.
