Natera Inc (NTRA): A Technical Analysis

NTRA has 36-month beta value of 1.52. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 2 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for NTRA is 115.27M, and currently, short sellers hold a 5.35% ratio of that float. The average trading volume of NTRA on May 24, 2024 was 1.44M shares.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

NTRA) stock’s latest price update

Natera Inc (NASDAQ: NTRA)’s stock price has gone decline by -0.92 in comparison to its previous close of 108.51, however, the company has experienced a -0.91% decrease in its stock price over the last five trading days. businesswire.com reported 2024-05-23 that AUSTIN, Texas–(BUSINESS WIRE)–Natera, Inc. (NASDAQ: NTRA), a global leader in cell-free DNA and genetic testing, today announced that members of Natera’s management will present at the 2024 Leerink Partners Healthcare Crossroads Conference on Thursday, May 30, 2024 at 8:40 a.m. PT (11:40 a.m. ET). A live webcast may be accessed through the investor relations section of the Natera website at investor.natera.com. A replay of the event will be available shortly following the conference. About Na.

NTRA’s Market Performance

Natera Inc (NTRA) has seen a -0.91% fall in stock performance for the week, with a 17.50% gain in the past month and a 52.58% surge in the past quarter. The volatility ratio for the week is 2.41%, and the volatility levels for the past 30 days are at 3.24% for NTRA. The simple moving average for the past 20 days is 7.52% for NTRA’s stock, with a 60.28% simple moving average for the past 200 days.

Analysts’ Opinion of NTRA

Many brokerage firms have already submitted their reports for NTRA stocks, with Craig Hallum repeating the rating for NTRA by listing it as a “Buy.” The predicted price for NTRA in the upcoming period, according to Craig Hallum is $117 based on the research report published on April 08, 2024 of the current year 2024.

Raymond James, on the other hand, stated in their research note that they expect to see NTRA reach a price target of $85, previously predicting the price at $68. The rating they have provided for NTRA stocks is “Outperform” according to the report published on February 20th, 2024.

BTIG Research gave a rating of “Buy” to NTRA, setting the target price at $85 in the report published on December 29th of the previous year.

NTRA Trading at 13.18% from the 50-Day Moving Average

After a stumble in the market that brought NTRA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.34% of loss for the given period.

Volatility was left at 3.24%, however, over the last 30 days, the volatility rate increased by 2.41%, as shares surge +17.78% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +20.85% upper at present.

During the last 5 trading sessions, NTRA fell by -0.91%, which changed the moving average for the period of 200-days by +103.93% in comparison to the 20-day moving average, which settled at $100.80. In addition, Natera Inc saw 71.63% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at NTRA starting from Chapman Steven Leonard, who sale 6,779 shares at the price of $107.08 back on May 15 ’24. After this action, Chapman Steven Leonard now owns 219,456 shares of Natera Inc, valued at $725,911 using the latest closing price.

RABINOWITZ DANIEL, the SEC. AND CHIEF LEGAL OFFICER of Natera Inc, sale 30,000 shares at $104.59 during a trade that took place back on May 10 ’24, which means that RABINOWITZ DANIEL is holding 204,495 shares at $3,137,567 based on the most recent closing price.

Stock Fundamentals for NTRA

Current profitability levels for the company are sitting at:

  • -0.32 for the present operating margin
  • 0.5 for the gross margin

The net margin for Natera Inc stands at -0.3. The total capital return value is set at -0.33. Equity return is now at value -50.59, with -26.23 for asset returns.

Based on Natera Inc (NTRA), the company’s capital structure generated 0.32 points at debt to capital in total, while cash flow to debt ratio is standing at -0.37. The debt to equity ratio resting at 0.47. The interest coverage ratio of the stock is -30.1.

Currently, EBITDA for the company is -404.95 million with net debt to EBITDA at 1.06. When we switch over and look at the enterprise to sales, we see a ratio of 10.61. The receivables turnover for the company is 4.19for trailing twelve months and the total asset turnover is 0.82. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.12.

Conclusion

To put it simply, Natera Inc (NTRA) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating 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.

Related Posts