Monthly Drifts in Kodiak Sciences Inc (KOD) Stock: A Closer Look

Kodiak Sciences Inc [KOD] stock prices are up 6.70% to $9.87 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The KOD shares have gain 7.10% over the last week, with a monthly amount glided 53.47%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Kodiak Sciences Inc [NASDAQ: KOD] stock has seen the most recent analyst activity on December 09, 2024, when Jefferies upgraded its rating to a Buy but kept the price target unchanged to $20 for it. Previously, H.C. Wainwright started tracking the stock with Neutral rating on September 05, 2024, and set its price target to $3. CapitalOne upgraded its rating to a Overweight and increased its price target to $12 on November 17, 2023. UBS downgraded its rating to a Neutral and reduced its price target to $4 on July 27, 2023. JP Morgan downgraded its rating to Underweight for this stock on July 25, 2023. In a note dated July 25, 2023, Chardan Capital Markets downgraded an Neutral rating on this stock.

The stock price of Kodiak Sciences Inc [KOD] has been fluctuating between $2.18 and $11.60 over the past year. Currently, Wall Street analysts expect the stock to reach $11 within the next 12 months. Kodiak Sciences Inc [NASDAQ: KOD] shares were valued at $9.87 at the most recent close of the market. An investor can expect a potential return of 11.45% based on the average KOD price forecast.

Analyzing the KOD fundamentals

To continue investigating profitability, this company’s Return on Assets is posted at -0.51, Equity is -0.85 and Total Capital is -0.59.

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 9.45 points at the first support level, and at 9.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.08, and for the 2nd resistance point, it is at 10.30.

Ratios To Look Out For

It’s worth pointing out that Kodiak Sciences Inc [NASDAQ:KOD]’s Current Ratio is 8.42. As well, the Quick Ratio is 8.42, while the Cash Ratio is 8.22.

Transactions by insiders

Recent insider trading involved BORGESON JOHN A., that happened on Jun 17 ’24 when 2874.0 shares were sold., BORGESON JOHN A. completed a deal on Jun 12 ’24 to sell 1558.0 shares.

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