The stock of Xeris Biopharma Holdings Inc (XERS) has seen a -2.11% decrease in the past week, with a 12.10% gain in the past month, and a 44.04% flourish in the past quarter. The volatility ratio for the week is 4.41%, and the volatility levels for the past 30 days are at 6.40% for XERS. The simple moving average for the past 20 days is 9.38% for XERS’s stock, with a 22.96% simple moving average for the past 200 days.
Is It Worth Investing in Xeris Biopharma Holdings Inc (NASDAQ: XERS) Right Now?
Moreover, the 36-month beta value for XERS is 1.84. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 2 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for XERS is 135.67M and currently, short sellers hold a 7.97% of that float. On August 28, 2024, XERS’s average trading volume was 1.47M shares.
XERS) stock’s latest price update
Xeris Biopharma Holdings Inc (NASDAQ: XERS)’s stock price has plunge by -3.47relation to previous closing price of 2.88. Nevertheless, the company has seen a -2.11% plunge in its stock price over the last five trading sessions. seekingalpha.com reported 2024-08-08 that Start Time: 08:30 January 1, 0000 9:03 AM ET Xeris Biopharma Holdings, Inc. (NASDAQ:XERS ) Q2 2024 Earnings Conference Call August 08, 2024, 08:30 AM ET Company Participants John Shannon – CEO Steven Pieper – CFO Allison Wey – SVP, IR and Corporate Communications Conference Call Participants Roanna Ruiz – Leerink Partners Chase Knickerbocker – Craig-Hallum Rohan Mathur – Oppenheimer Operator Hello, everyone, and welcome to today’s Xeris Biopharma Second Quarter 2024 Financial Results Call. My name is Drew, and I’ll be your operator today.
Analysts’ Opinion of XERS
Many brokerage firms have already submitted their reports for XERS stocks, with Oppenheimer repeating the rating for XERS by listing it as a “Outperform.” The predicted price for XERS in the upcoming period, according to Oppenheimer is $5 based on the research report published on March 28, 2024 of the current year 2024.
Craig Hallum, on the other hand, stated in their research note that they expect to see XERS reach a price target of $4.50. The rating they have provided for XERS stocks is “Buy” according to the report published on August 28th, 2023.
Jefferies gave a rating of “Buy” to XERS, setting the target price at $4 in the report published on October 21st of the previous year.
XERS Trading at 16.19% from the 50-Day Moving Average
After a stumble in the market that brought XERS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -14.72% of loss for the given period.
Volatility was left at 6.40%, however, over the last 30 days, the volatility rate increased by 4.41%, as shares surge +13.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +28.89% upper at present.
During the last 5 trading sessions, XERS fell by -1.06%, which changed the moving average for the period of 200-days by +55.67% in comparison to the 20-day moving average, which settled at $2.56. In addition, Xeris Biopharma Holdings Inc saw 18.30% 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 XERS starting from Schmid John P., who purchase 4,515 shares at the price of $2.25 back on Aug 12 ’24. After this action, Schmid John P. now owns 25,200 shares of Xeris Biopharma Holdings Inc, valued at $10,147 using the latest closing price.
Schmid John P., the Director of Xeris Biopharma Holdings Inc, purchase 4,285 shares at $2.37 during a trade that took place back on Aug 09 ’24, which means that Schmid John P. is holding 20,685 shares at $10,134 based on the most recent closing price.
Stock Fundamentals for XERS
Current profitability levels for the company are sitting at:
- -0.2 for the present operating margin
- 0.79 for the gross margin
The net margin for Xeris Biopharma Holdings Inc stands at -0.33. The total capital return value is set at -0.15. Equity return is now at value -617.16, with -18.04 for asset returns.
Based on Xeris Biopharma Holdings Inc (XERS), the company’s capital structure generated 1.09 points at debt to capital in total, while cash flow to debt ratio is standing at -0.17. The debt to equity ratio resting at -12.23. The interest coverage ratio of the stock is 48.86.
Currently, EBITDA for the company is -30.85 million with net debt to EBITDA at -7.7. When we switch over and look at the enterprise to sales, we see a ratio of 3.44. The receivables turnover for the company is 4.27for trailing twelve months and the total asset turnover is 0.55. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.26.
Conclusion
To wrap up, the performance of Xeris Biopharma Holdings Inc (XERS) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
