What is the best trade option for Arcturus Therapeutics Holdings Inc (ARCT) stock?

A share price of Arcturus Therapeutics Holdings Inc [ARCT] is currently trading at $20.26, up 5.47%. An important factor to consider is whether the stock is rising or falling in short-term value. The ARCT shares have gain 7.82% over the last week, with a monthly amount drifted -16.56%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Arcturus Therapeutics Holdings Inc [NASDAQ: ARCT] stock has seen the most recent analyst activity on August 12, 2024, when Leerink Partners initiated its Outperform rating and assigned the stock a price target of $70. Previously, Canaccord Genuity started tracking the stock with Buy rating on December 13, 2023, and set its price target to $90. On July 24, 2023, William Blair initiated with a Outperform rating and assigned a price target of $71 on the stock. H.C. Wainwright upgraded its rating to a Buy and increased its price target to $51 on May 11, 2023. Robert W. Baird downgraded its rating to Underperform for this stock on November 10, 2022, but kept the price target unchanged to $18. In a note dated November 03, 2022, Citigroup upgraded an Buy rating on this stock and boosted its target price from $22 to $35.

Arcturus Therapeutics Holdings Inc experienced fluctuations in its stock price throughout the past year between $17.52 and $45.00. Currently, Wall Street analysts expect the stock to reach $65 within the next 12 months. Arcturus Therapeutics Holdings Inc [NASDAQ: ARCT] shares were valued at $20.26 at the most recent close of the market. An investor can expect a potential return of 220.83% based on the average ARCT price forecast.

Analyzing the ARCT fundamentals

Trailing Twelve Months sales for Arcturus Therapeutics Holdings Inc [NASDAQ:ARCT] were 150.16M which represents 380.67% growth. Gross Profit Margin for this corporation currently stands at 1.02% with Operating Profit Margin at -0.42%, Pretax Profit Margin comes in at -0.45%, and Net Profit Margin reading is -0.46%. To continue investigating profitability, this company’s Return on Assets is posted at -0.18, Equity is -0.25 and Total Capital is -0.21. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.12.

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 19.63 points at the first support level, and at 18.99 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.74, and for the 2nd resistance point, it is at 21.21.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Arcturus Therapeutics Holdings Inc [NASDAQ:ARCT] is 3.78. On the other hand, the Quick Ratio is 3.78, and the Cash Ratio is 3.44. Considering the valuation of this stock, the price to sales ratio is 3.65, the price to book ratio is 2.12.

Transactions by insiders

Recent insider trading involved SASSINE ANDY, Chief Financial Officer, that happened on Jun 12 ’24 when 50000.0 shares were sold. Chief Scientific Officer & COO, Chivukula Pad completed a deal on Jun 05 ’24 to sell 114.0 shares. Meanwhile, Chief Scientific Officer & COO Chivukula Pad sold 26000.0 shares on Jun 03 ’24.

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