A share price of Nextcure Inc [NXTC] is currently trading at $0.92, up 11.85%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The NXTC shares have gain 12.20% over the last week, with a monthly amount drifted -20.00%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Nextcure Inc [NASDAQ: NXTC] stock has seen the most recent analyst activity on November 04, 2022, when Ladenburg Thalmann downgraded its rating to a Neutral. Previously, Ladenburg Thalmann started tracking the stock with Buy rating on March 01, 2022, and set its price target to $16. On March 05, 2021, upgrade upgraded it’s rating to Buy but maintained its price target of $19 on the stock. BofA Securities downgraded its rating to a Underperform but stick to its price target of $10 on January 15, 2021. The Benchmark Company upgraded its rating to a Buy but $17 remained the price target by the analyst firm on July 16, 2020. SunTrust downgraded its rating to Hold for this stock on July 13, 2020. In a note dated July 13, 2020, ROTH Capital downgraded an Neutral rating on this stock.
Nextcure Inc experienced fluctuations in its stock price throughout the past year between $0.76 and $2.57. Currently, Wall Street analysts expect the stock to reach $3 within the next 12 months. Nextcure Inc [NASDAQ: NXTC] shares were valued at $0.92 at the most recent close of the market. An investor can expect a potential return of 226.09% based on the average NXTC price forecast.
Analyzing the NXTC fundamentals
Gross Profit Margin for this corporation currently stands at 0.61% with Operating Profit Margin at -9.63%, Pretax Profit Margin comes in at -9.31%, and Net Profit Margin reading is -9.31%. To continue investigating profitability, this company’s Return on Assets is posted at -0.65, Equity is -0.63 and Total Capital is -0.74.
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 0.8417 points at the first support level, and at 0.7634 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.9766, and for the 2nd resistance point, it is at 1.0332.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Nextcure Inc [NASDAQ:NXTC] is 9.07. Also, the Quick Ratio is 9.07, while the Cash Ratio stands at 3.19.
