At the time of writing, Kodiak Sciences Inc [KOD] stock is trading at $2.84, up 20.34%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The KOD shares have gain 35.56% over the last week, with a monthly amount drifted -15.22%, and not seem to be holding up well over a long-time horizon.
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.
For the past year, the stock price of Kodiak Sciences Inc fluctuated between $1.92 and $11.60. Currently, Wall Street analysts expect the stock to reach $20 within the next 12 months. Kodiak Sciences Inc [NASDAQ: KOD] shares were valued at $2.84 at the most recent close of the market. An investor can expect a potential return of 604.23% based on the average KOD price forecast.
Analyzing the KOD fundamentals
To continue investigating profitability, this company’s Return on Assets is posted at -0.53, Equity is -0.89 and Total Capital is -0.6. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.47.
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 2.50 points at the first support level, and at 2.15 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.03, and for the 2nd resistance point, it is at 3.21.
Ratios To Look Out For
It is important to note that Kodiak Sciences Inc [NASDAQ:KOD] has a current ratio of 6.72. In addition, the Quick Ratio stands at 6.72 and the Cash Ratio stands at 6.57.
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.
