Intellia Therapeutics Inc (NASDAQ: NTLA)’s stock price has dropped by -1.94 in relation to previous closing price of 21.08. Nevertheless, the company has seen a gain of 5.95% in its stock price over the last five trading days. zacks.com reported 2024-10-17 that Intellia Therapeutics (NTLA) possesses 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 Intellia Therapeutics Inc (NASDAQ: NTLA) Right Now?
NTLA has 36-month beta value of 1.76. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 3 as “overweight,” 2 as “hold,” and 0 as “sell.”
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The public float for NTLA is 99.79M, and currently, short sellers hold a 15.17% ratio of that float. The average trading volume of NTLA on October 22, 2024 was 1.44M shares.
NTLA’s Market Performance
NTLA stock saw a decrease of 5.95% in the past week, with a monthly decline of -5.53% and a quarterly a decrease of -21.88%. The volatility ratio for the week is 3.81%, and the volatility levels for the last 30 days are 4.56% for Intellia Therapeutics Inc (NTLA). The simple moving average for the past 20 days is 6.06% for NTLA’s stock, with a -15.04% simple moving average for the past 200 days.
Analysts’ Opinion of NTLA
Many brokerage firms have already submitted their reports for NTLA stocks, with Goldman repeating the rating for NTLA by listing it as a “Neutral.” The predicted price for NTLA in the upcoming period, according to Goldman is $32 based on the research report published on February 23, 2024 of the current year 2024.
Canaccord Genuity gave a rating of “Buy” to NTLA, setting the target price at $66 in the report published on April 13th of the previous year.
NTLA Trading at -1.71% from the 50-Day Moving Average
After a stumble in the market that brought NTLA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -40.72% of loss for the given period.
Volatility was left at 4.56%, however, over the last 30 days, the volatility rate increased by 3.81%, as shares sank -3.68% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.68% lower at present.
During the last 5 trading sessions, NTLA rose by +5.95%, which changed the moving average for the period of 200-days by -29.98% in comparison to the 20-day moving average, which settled at $19.49. In addition, Intellia Therapeutics Inc saw -32.21% 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 NTLA starting from Dube Michael P, who sale 2,012 shares at the price of $19.01 back on Oct 02 ’24. After this action, Dube Michael P now owns 47,012 shares of Intellia Therapeutics Inc, valued at $38,248 using the latest closing price.
Clark Eliana, the EVP, Chief Technical Officer of Intellia Therapeutics Inc, sale 405 shares at $22.93 during a trade that took place back on Jul 01 ’24, which means that Clark Eliana is holding 71,470 shares at $9,287 based on the most recent closing price.
Stock Fundamentals for NTLA
Current profitability levels for the company are sitting at:
- -11.4 for the present operating margin
- 0.79 for the gross margin
The net margin for Intellia Therapeutics Inc stands at -11.07. The total capital return value is set at -0.48. Equity return is now at value -49.02, with -40.46 for asset returns.
Based on Intellia Therapeutics Inc (NTLA), the company’s capital structure generated 0.1 points at debt to capital in total, while cash flow to debt ratio is standing at -3.51. The debt to equity ratio resting at 0.11. The interest coverage ratio of the stock is -59.33.
Currently, EBITDA for the company is -506.21 million with net debt to EBITDA at 0.05. When we switch over and look at the enterprise to sales, we see a ratio of 45.14. The receivables turnover for the company is 3.73for trailing twelve months and the total asset turnover is 0.04. The liquidity ratio also appears to be rather interesting for investors as it stands at 7.21.
Conclusion
To put it simply, Intellia Therapeutics Inc (NTLA) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as 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.
