A share price of Inhibikase Therapeutics Inc [IKT] is currently trading at $2.74, up 13.22%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The IKT shares have gain 23.42% over the last week, with a monthly amount glided 134.19%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Inhibikase Therapeutics Inc experienced fluctuations in its stock price throughout the past year between $0.80 and $3.82. Currently, Wall Street analysts expect the stock to reach $5 within the next 12 months. Inhibikase Therapeutics Inc [NASDAQ: IKT] shares were valued at $2.74 at the most recent close of the market. An investor can expect a potential return of 82.48% based on the average IKT price forecast.
Analyzing the IKT fundamentals
Trailing Twelve Months sales for Inhibikase Therapeutics Inc [NASDAQ:IKT] were 0.08M which represents -100.00% decline. Gross Profit Margin for this corporation currently stands at 0.67% with Operating Profit Margin at -238.85%, Pretax Profit Margin comes in at -231.02%, and Net Profit Margin reading is -231.02%. To continue investigating profitability, this company’s Return on Assets is posted at -2.08, Equity is -1.94 and Total Capital is -3.71. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.03.
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 2.52 points at the first support level, and at 2.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.88, and for the 2nd resistance point, it is at 3.01.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Inhibikase Therapeutics Inc [NASDAQ:IKT] is 2.32. In addition, the Quick Ratio stands at 2.32 and the Cash Ratio stands at 0.83. Considering the valuation of this stock, the price to sales ratio is 2301.26, the price to book ratio is 3.88.
Transactions by insiders
Recent insider trading involved Bellini Roberto, Director, that happened on Oct 21 ’24 when 1.46 million shares were purchased. Director, Kush Arvind completed a deal on Oct 21 ’24 to buy 0.14 million shares. Meanwhile, Director Munshi Amit bought 0.36 million shares on Oct 21 ’24.
