Nextcure Inc [NXTC] stock prices are up 7.89% to $0.36 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The NXTC shares have gain 33.78% over the last week, with a monthly amount drifted -37.62%, 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.
The stock price of Nextcure Inc [NXTC] has been fluctuating between $0.22 and $1.82 over the past year. Currently, Wall Street analysts expect the stock to reach $3 within the next 12 months. Nextcure Inc [NASDAQ: NXTC] shares were valued at $0.36 at the most recent close of the market. An investor can expect a potential return of 733.33% based on the average NXTC price forecast.
Analyzing the NXTC fundamentals
To continue investigating profitability, this company’s Return on Assets is posted at -0.69, Equity is -0.68 and Total Capital is -0.8. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.09.
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 0.3331 points at the first support level, and at 0.3051 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.3771, and for the 2nd resistance point, it is at 0.3931.
Ratios To Look Out For
It’s worth pointing out that Nextcure Inc [NASDAQ:NXTC]’s Current Ratio is 7.50. On the other hand, the Quick Ratio is 7.50, and the Cash Ratio is 2.9.
