Xeris Biopharma Holdings Inc (XERS) Stock: Analyzing the Quarterly Movement

In the past week, XERS stock has gone up by 0.46%, with a monthly gain of 10.75% and a quarterly surge of 52.35%. The volatility ratio for the week is 4.54%, and the volatility levels for the last 30 days are 4.50% for Xeris Biopharma Holdings Inc The simple moving average for the last 20 days is 4.96% for XERS stock, with a simple moving average of 31.63% for the last 200 days.

Is It Worth Investing in Xeris Biopharma Holdings Inc (NASDAQ: XERS) Right Now?

Additionally, the 36-month beta value for XERS is 1.83. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 2 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

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The public float for XERS is 136.46M and currently, short sellers hold a 8.48% ratio of that float. The average trading volume of XERS on November 05, 2024 was 1.52M shares.

XERS) stock’s latest price update

The stock of Xeris Biopharma Holdings Inc (NASDAQ: XERS) has increased by 0.78 when compared to last closing price of 3.22. Despite this, the company has experienced a 0.46% gain in its stock price over the last five trading sessions. businesswire.com reported 2024-10-31 that CHICAGO–(BUSINESS WIRE)– #GvokeHypoPen–Xeris Biopharma Holdings, Inc. (Nasdaq: XERS), a growth-oriented biopharmaceutical company committed to improving patients’ lives by developing and commercializing innovative products across a range of therapies, today announced that the Company will release its third quarter 2024 financial results before the open of the U.S. financial markets on Friday, November 8, 2024. Management will host a conference call and webcast at 8:30 a.m. Eastern Time that day to discuss t.

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 10.83% 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 -4.28% of loss for the given period.

Volatility was left at 4.50%, however, over the last 30 days, the volatility rate increased by 4.54%, as shares surge +8.50% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.00% upper at present.

During the last 5 trading sessions, XERS fell by -1.24%, which changed the moving average for the period of 200-days by +27.60% in comparison to the 20-day moving average, which settled at $3.09. In addition, Xeris Biopharma Holdings Inc saw 38.09% 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 -2.45.

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 3.83. 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

In conclusion, Xeris Biopharma Holdings Inc (XERS) 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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