At the time of writing, Humacyte Inc [HUMA] stock is trading at $6.47, up 3.52%. 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 7.65% over the last week, with a monthly amount drifted -21.95%, and not seem to be holding up well over a long-time horizon.
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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.
For the past year, the stock price of Humacyte Inc fluctuated between $1.96 and $9.97. Currently, Wall Street analysts expect the stock to reach $4.5 within the next 12 months. Humacyte Inc [NASDAQ: HUMA] shares were valued at $6.47 at the most recent close of the market. An investor can expect a potential drop of -30.45% based on the average HUMA price forecast.
Analyzing the HUMA fundamentals
Gross Profit Margin for this corporation currently stands at 0.23% with Operating Profit Margin at -9.91%, Pretax Profit Margin comes in at -12.94%, and Net Profit Margin reading is -12.94%. To continue investigating profitability, this company’s Return on Assets is posted at -1.01, Equity is -11.54 and Total Capital is -0.89. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-0.63.
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 6.27 points at the first support level, and at 6.07 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.62, and for the 2nd resistance point, it is at 6.77.
Ratios To Look Out For
It is important to note that Humacyte Inc [NASDAQ:HUMA] has a current ratio of 5.41. In addition, the Quick Ratio stands at 5.41 and the Cash Ratio stands at 5.27.
Transactions by insiders
Recent insider trading involved Constantino Michael T., Director, that happened on Aug 15 ’24 when 3100.0 shares were purchased. President, CEO and Director, Niklason Laura E completed a deal on Jun 11 ’24 to sell 0.36 million shares. Meanwhile, President, CEO and Director Niklason Laura E sold 0.27 million shares on Jun 12 ’24.
