Home  »  Companies   »  A Lesson to Learn: Akebia Therapeutics Inc. (AKBA)...

A Lesson to Learn: Akebia Therapeutics Inc. (AKBA)

Akebia Therapeutics Inc. (NASDAQ:AKBA) went down by -3.36% from its latest closing price compared to the recent 1-year high of $3.35. The company’s stock price has collected -8.49% of loss in the last five trading sessions.

Is It Worth Investing in Akebia Therapeutics Inc. (NASDAQ :AKBA) Right Now?

Plus, the 36-month beta value for AKBA is at 1.50. Opinions of the stock are interesting as 0 analysts out of 3 who provided ratings for Akebia Therapeutics Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 3 rated it as “hold,” and 0 as “sell.”

Top 5 Cheap Stocks to Own Right Now

While finding safe stocks with the potential for monster gains isn't always easy, we've found a few that could pay out well. In fact, within our report, "Top 5 Cheap Stock to Own Right Now", we have identified five stocks we believe could appreciate the most even if you just have $1,000 to invest.

Sign up here to get your free report now. .

Sponsored

The average price from analysts is $1.63, which is $1.25 above the current price. AKBA currently public float of 181.35M and currently shorts hold a 6.23% ratio of that float. Today, the average trading volume of AKBA was 10.61M shares.

AKBA’s Market Performance

AKBA stocks went down by -8.49% for the week, with a monthly drop of -4.73% and a quarterly performance of -13.91%, while its annual performance rate touched -85.75%. The volatility ratio for the week stands at 5.90% while the volatility levels for the past 30 days are set at 8.59% for Akebia Therapeutics Inc. The simple moving average for the period of the last 20 days is -12.51% for AKBA stocks with a simple moving average of -76.58% for the last 200 days.

Analysts’ Opinion of AKBA

Many brokerage firms have already submitted their reports for AKBA stocks, with Piper Sandler repeating the rating for AKBA by listing it as a “Neutral.” The predicted price for AKBA in the upcoming period, according to Piper Sandler is $2 based on the research report published on March 31st of the current year 2022.

Mizuho gave a rating of “Neutral” to AKBA, setting the target price at $2 in the report published on March 31st of the current year.

AKBA Trading at -4.82% from the 50-Day Moving Average

After a stumble in the market that brought AKBA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -88.94% of loss for the given period.

Volatility was left at 8.59%, however, over the last 30 days, the volatility rate increased by 5.90%, as shares sank -9.39% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.11% upper at present.

During the last 5 trading sessions, AKBA fell by -8.49%, which changed the moving average for the period of 200-days by -87.31% in comparison to the 20-day moving average, which settled at $0.4217. In addition, Akebia Therapeutics Inc. saw -83.60% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at AKBA starting from GILMAN STEVEN C, who sale 4,567 shares at the price of $0.36 back on Jun 03. After this action, GILMAN STEVEN C now owns 43,430 shares of Akebia Therapeutics Inc., valued at $1,653 using the latest closing price.

Burke Steven Keith, the SVP, Chief Medical Officer of Akebia Therapeutics Inc., sale 7,656 shares at $2.17 during a trade that took place back on Mar 01, which means that Burke Steven Keith is holding 217,263 shares at $16,619 based on the most recent closing price.

Stock Fundamentals for AKBA

Current profitability levels for the company are sitting at:

  • -124.23 for the present operating margin
  • +27.28 for the gross margin

The net margin for Akebia Therapeutics Inc. stands at -132.43. Equity return is now at value -266.10, with -48.50 for asset returns.

The liquidity ratio also appears to be rather interesting for investors as it stands at 1.06.

Is Wynn Resorts Limited (WYNN) a Keeper?

Wynn Resorts Limited (NASDAQ:WYNN) went up by 0.21% from its latest closing price compared to the recent 1-year high of $107.44. The company’s stock price

[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]