The 17.40% Simple Moving Average of uniQure N.V’s (QURE) Stock in the Past 200 Days

The stock of uniQure N.V (QURE) has gone up by 11.06% for the week, with a 19.33% rise in the past month and a 0.45% rise in the past quarter. The volatility ratio for the week is 12.10%, and the volatility levels for the past 30 days are 8.77% for QURE. The simple moving average for the past 20 days is 2.56% for QURE’s stock, with a 17.40% simple moving average for the past 200 days.

Is It Worth Investing in uniQure N.V (NASDAQ: QURE) Right Now?

The 36-month beta value for QURE is at 0.97. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 3 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”

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The public float for QURE is 45.33M, and currently, shorts hold a 7.39% of that float. The average trading volume for QURE on November 13, 2024 was 661.42K shares.

QURE) stock’s latest price update

The stock price of uniQure N.V (NASDAQ: QURE) has dropped by -12.14 compared to previous close of 7.66. Despite this, the company has seen a gain of 11.06% in its stock price over the last five trading days. zacks.com reported 2024-11-08 that The average of price targets set by Wall Street analysts indicates a potential upside of 169.2% in uniQure (QURE). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Analysts’ Opinion of QURE

Many brokerage firms have already submitted their reports for QURE stocks, with Raymond James repeating the rating for QURE by listing it as a “Outperform.” The predicted price for QURE in the upcoming period, according to Raymond James is $20 based on the research report published on October 10, 2024 of the current year 2024.

Goldman, on the other hand, stated in their research note that they expect to see QURE reach a price target of $8. The rating they have provided for QURE stocks is “Neutral” according to the report published on February 29th, 2024.

Mizuho gave a rating of “Neutral” to QURE, setting the target price at $10 in the report published on December 19th of the previous year.

QURE Trading at 15.50% from the 50-Day Moving Average

After a stumble in the market that brought QURE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -40.70% of loss for the given period.

Volatility was left at 8.77%, however, over the last 30 days, the volatility rate increased by 12.10%, as shares surge +19.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +20.83% upper at present.

During the last 5 trading sessions, QURE rose by +11.06%, which changed the moving average for the period of 200-days by +12.35% in comparison to the 20-day moving average, which settled at $6.56. In addition, uniQure N.V saw -0.59% 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 QURE starting from Abi-Saab Walid, who sale 1,447 shares at the price of $4.36 back on Jun 26 ’24. After this action, Abi-Saab Walid now owns 115,253 shares of uniQure N.V, valued at $6,309 using the latest closing price.

CALOZ PIERRE, the Chief Operating Officer of uniQure N.V, sale 2,936 shares at $4.81 during a trade that took place back on Jun 17 ’24, which means that CALOZ PIERRE is holding 115,707 shares at $14,122 based on the most recent closing price.

Stock Fundamentals for QURE

Current profitability levels for the company are sitting at:

  • -7.16 for the present operating margin
  • -0.09 for the gross margin

The net margin for uniQure N.V stands at -8.38. The total capital return value is set at -0.36. Equity return is now at value -147.56, with -31.57 for asset returns.

Based on uniQure N.V (QURE), the company’s capital structure generated 0.5 points at debt to capital in total, while cash flow to debt ratio is standing at -3.24. The debt to equity ratio resting at 0.99. The interest coverage ratio of the stock is -3.17.

Currently, EBITDA for the company is -253.1 million with net debt to EBITDA at 1.17. When we switch over and look at the enterprise to sales, we see a ratio of 5.04. The receivables turnover for the company is 5.37for 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 6.51.

Conclusion

In conclusion, uniQure N.V (QURE) has had a better performance lately. Opinion on the stock among analysts is bullish, 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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