Biocryst Pharmaceuticals Inc. (BCRX) Shares Plummet Below 1-Year High

Biocryst Pharmaceuticals Inc. (NASDAQ: BCRX) has experienced a decline in its stock price by -4.20 compared to its previous closing price of 7.85. However, the company has seen a gain of 1.35% in its stock price over the last five trading days. zacks.com reported 2024-07-29 that BioCryst (BCRX) doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Is It Worth Investing in Biocryst Pharmaceuticals Inc. (NASDAQ: BCRX) Right Now?

Additionally, the 36-month beta value for BCRX is 1.86. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 2 rating it as “overweight,” 2 rating it as “hold,” and 1 rating it as “sell.”

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The public float for BCRX is 198.09M and currently, short sellers hold a 11.01% ratio of that float. The average trading volume of BCRX on July 30, 2024 was 3.56M shares.

BCRX’s Market Performance

The stock of Biocryst Pharmaceuticals Inc. (BCRX) has seen a 1.35% increase in the past week, with a 23.08% rise in the past month, and a 80.77% gain in the past quarter. The volatility ratio for the week is 4.69%, and the volatility levels for the past 30 days are at 4.56% for BCRX. The simple moving average for the last 20 days is 7.53% for BCRX’s stock, with a simple moving average of 30.68% for the last 200 days.

Analysts’ Opinion of BCRX

Many brokerage firms have already submitted their reports for BCRX stocks, with JP Morgan repeating the rating for BCRX by listing it as a “Overweight.” The predicted price for BCRX in the upcoming period, according to JP Morgan is $10 based on the research report published on November 20, 2023 of the previous year 2023.

RBC Capital Mkts, on the other hand, stated in their research note that they expect to see BCRX reach a price target of $10, previously predicting the price at $9. The rating they have provided for BCRX stocks is “Outperform” according to the report published on September 18th, 2023.

Jefferies gave a rating of “Buy” to BCRX, setting the target price at $11 in the report published on August 04th of the previous year.

BCRX Trading at 13.86% from the 50-Day Moving Average

After a stumble in the market that brought BCRX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.41% of loss for the given period.

Volatility was left at 4.56%, however, over the last 30 days, the volatility rate increased by 4.69%, as shares surge +21.68% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +18.24% upper at present.

During the last 5 trading sessions, BCRX rose by +1.35%, which changed the moving average for the period of 200-days by +17.50% in comparison to the 20-day moving average, which settled at $7.06. In addition, Biocryst Pharmaceuticals Inc. saw 25.54% 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 BCRX starting from McKee Amy E, who sale 8,600 shares at the price of $6.32 back on Jun 24 ’24. After this action, McKee Amy E now owns 27,831 shares of Biocryst Pharmaceuticals Inc., valued at $54,352 using the latest closing price.

SANDERS MACHELLE, the Director of Biocryst Pharmaceuticals Inc., sale 4,689 shares at $6.00 during a trade that took place back on Jun 17 ’24, which means that SANDERS MACHELLE is holding 27,742 shares at $28,134 based on the most recent closing price.

Stock Fundamentals for BCRX

Current profitability levels for the company are sitting at:

  • -0.25 for the present operating margin
  • 0.98 for the gross margin

The net margin for Biocryst Pharmaceuticals Inc. stands at -0.59. The total capital return value is set at -0.26.

Based on Biocryst Pharmaceuticals Inc. (BCRX), the company’s capital structure generated 2.36 points at debt to capital in total, while cash flow to debt ratio is standing at -0.12. The debt to equity ratio resting at -1.74. The interest coverage ratio of the stock is -0.85.

Currently, EBITDA for the company is -102.05 million with net debt to EBITDA at -9.63. When we switch over and look at the enterprise to sales, we see a ratio of 6.46. The receivables turnover for the company is 5.87for trailing twelve months and the total asset turnover is 0.76. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.73.

Conclusion

In conclusion, Biocryst Pharmaceuticals Inc. (BCRX) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it 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.

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