The 36-month beta value for NXTC is also noteworthy at 0.37. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for NXTC is 21.10M, and at present, short sellers hold a 3.98% of that float. The average trading volume of NXTC on April 01, 2024 was 235.99K shares.
NXTC) stock’s latest price update
Nextcure Inc (NASDAQ: NXTC)’s stock price has soared by 15.25 in relation to previous closing price of 1.93. Nevertheless, the company has seen a gain of 32.74% in its stock price over the last five trading days. InvestorPlace reported 2024-03-23 that The bullish sentiment in the market is leading some investors to look at risk-on assets. Bitcoin may be an option, but for investors who prefer to stay in stocks, it may be time to look for some of the analysts’ favorite penny stocks.
NXTC’s Market Performance
NXTC’s stock has risen by 32.74% in the past week, with a monthly rise of 39.37% and a quarterly rise of 95.61%. The volatility ratio for the week is 14.47% while the volatility levels for the last 30 days are 12.07% for Nextcure Inc The simple moving average for the past 20 days is 32.64% for NXTC’s stock, with a 56.68% simple moving average for the past 200 days.
Analysts’ Opinion of NXTC
Ladenburg Thalmann, on the other hand, stated in their research note that they expect to see NXTC reach a price target of $16. The rating they have provided for NXTC stocks is “Buy” according to the report published on March 01st, 2022.
Truist gave a rating of “Buy” to NXTC, setting the target price at $19 in the report published on March 05th of the previous year.
NXTC Trading at 51.44% from the 50-Day Moving Average
After a stumble in the market that brought NXTC to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 6.70% of gains for the given period.
Volatility was left at 12.07%, however, over the last 30 days, the volatility rate increased by 14.47%, as shares surge +28.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +93.91% upper at present.
During the last 5 trading sessions, NXTC rose by +32.74%, which changed the moving average for the period of 200-days by +33.53% in comparison to the 20-day moving average, which settled at $1.71. In addition, Nextcure Inc saw 95.61% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for NXTC
The total capital return value is set at -0.55. Equity return is now at value -44.49, with -39.81 for asset returns.
Based on Nextcure Inc (NXTC), the company’s capital structure generated 0.05 points at debt to capital in total, while cash flow to debt ratio is standing at -8.02. The debt to equity ratio resting at 0.06. The interest coverage ratio of the stock is 69.37.
Currently, EBITDA for the company is -63.95 million with net debt to EBITDA at 0.1. The liquidity ratio also appears to be rather interesting for investors as it stands at 16.38.
Conclusion
In summary, Nextcure Inc (NXTC) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
