Arrowhead Pharmaceuticals Inc. (ARWR) Shares Up Despite Recent Market Volatility

The stock price of Arrowhead Pharmaceuticals Inc. (NASDAQ: ARWR) has surged by 6.14 when compared to previous closing price of 19.88, but the company has seen a 18.27% gain in its stock price over the last five trading sessions. businesswire.com reported 2024-10-14 that PASADENA, Calif.–(BUSINESS WIRE)—- $arwr–Arrowhead Pharmaceuticals, Inc. (NASDAQ: ARWR) today announced that as an inducement to entering into employment with the Company, on October 11, 2024, the Company’s Board of Directors approved “inducement” grants to 34 new employees under Rule 5635(c)(4) of the NASDAQ Listing Rules. The grants entitle employees, in aggregate, to receive up to 66,750 restricted stock units. The grants are outside the Company’s stockholder-approved equity incentive plans and ve.

Is It Worth Investing in Arrowhead Pharmaceuticals Inc. (NASDAQ: ARWR) Right Now?

The 36-month beta value for ARWR is at 0.93. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 3 as “hold,” and 0 as “sell.”

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The public float for ARWR is 118.50M, and currently, shorts hold a 7.52% of that float. The average trading volume for ARWR on October 17, 2024 was 1.04M shares.

ARWR’s Market Performance

ARWR stock saw an increase of 18.27% in the past week, with a monthly gain of 5.45% and a quarterly increase of -23.66%. The volatility ratio for the week is 4.83%, and the volatility levels for the last 30 days are 4.44% for Arrowhead Pharmaceuticals Inc. (ARWR). The simple moving average for the past 20 days is 9.13% for ARWR’s stock, with a -20.20% simple moving average for the past 200 days.

Analysts’ Opinion of ARWR

Many brokerage firms have already submitted their reports for ARWR stocks, with Goldman repeating the rating for ARWR by listing it as a “Neutral.” The predicted price for ARWR in the upcoming period, according to Goldman is $31 based on the research report published on June 05, 2024 of the current year 2024.

BofA Securities, on the other hand, stated in their research note that they expect to see ARWR reach a price target of $29. The rating they have provided for ARWR stocks is “Buy” according to the report published on December 04th, 2023.

Citigroup gave a rating of “Neutral” to ARWR, setting the target price at $33 in the report published on September 19th of the previous year.

ARWR Trading at -1.96% from the 50-Day Moving Average

After a stumble in the market that brought ARWR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -47.02% of loss for the given period.

Volatility was left at 4.44%, however, over the last 30 days, the volatility rate increased by 4.83%, as shares surge +1.54% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -18.41% lower at present.

During the last 5 trading sessions, ARWR rose by +18.27%, which changed the moving average for the period of 200-days by -31.05% in comparison to the 20-day moving average, which settled at $19.33. In addition, Arrowhead Pharmaceuticals Inc. saw -31.05% 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 ARWR starting from Oliver Tracie, who sale 9,394 shares at the price of $25.28 back on Jul 02 ’24. After this action, Oliver Tracie now owns 127,107 shares of Arrowhead Pharmaceuticals Inc., valued at $237,480 using the latest closing price.

Vakiener Victoria, the Director of Arrowhead Pharmaceuticals Inc., sale 1,799 shares at $23.31 during a trade that took place back on May 02 ’24, which means that Vakiener Victoria is holding 30,205 shares at $41,935 based on the most recent closing price.

Stock Fundamentals for ARWR

Current profitability levels for the company are sitting at:

  • -27.85 for the present operating margin
  • 0.11 for the gross margin

The net margin for Arrowhead Pharmaceuticals Inc. stands at -27.41. The total capital return value is set at -0.7. Equity return is now at value -154.92, with -64.14 for asset returns.

Based on Arrowhead Pharmaceuticals Inc. (ARWR), the company’s capital structure generated 0.51 points at debt to capital in total, while cash flow to debt ratio is standing at -1.03. The debt to equity ratio resting at 1.03. The interest coverage ratio of the stock is -23.83.

Currently, EBITDA for the company is -188.16 million with net debt to EBITDA at -0.74. When we switch over and look at the enterprise to sales, we see a ratio of 153.08. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.65.

Conclusion

In conclusion, Arrowhead Pharmaceuticals Inc. (ARWR) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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