The stock price of Akari Therapeutics Plc ADR (NASDAQ: AKTX) has dropped by -20.77 compared to previous close of 1.30. Despite this, the company has seen a fall of -55.02% in its stock price over the last five trading days. globenewswire.com reported 2024-11-14 that – Secures $3.2m in PIPE Financing – – $50m Term Sheet Obtained for Available Financing under Equity Line of Credit –
Is It Worth Investing in Akari Therapeutics Plc ADR (NASDAQ: AKTX) Right Now?
Additionally, the 36-month beta value for AKTX is 0.84. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 2 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
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The public float for AKTX is 12.10M and currently, short sellers hold a 0.18% ratio of that float. The average trading volume of AKTX on November 26, 2024 was 25.19K shares.
AKTX’s Market Performance
The stock of Akari Therapeutics Plc ADR (AKTX) has seen a -55.02% decrease in the past week, with a -56.44% drop in the past month, and a -72.53% fall in the past quarter. The volatility ratio for the week is 31.86%, and the volatility levels for the past 30 days are at 16.61% for AKTX. The simple moving average for the past 20 days is -51.18% for AKTX’s stock, with a -59.18% simple moving average for the past 200 days.
Analysts’ Opinion of AKTX
Many brokerage firms have already submitted their reports for AKTX stocks, with B. Riley FBR repeating the rating for AKTX by listing it as a “Buy.” The predicted price for AKTX in the upcoming period, according to B. Riley FBR is $3 based on the research report published on January 04, 2019 of the previous year 2019.
B. Riley FBR Inc., on the other hand, stated in their research note that they expect to see AKTX reach a price target of $3. The rating they have provided for AKTX stocks is “Neutral” according to the report published on February 08th, 2018.
AKTX Trading at -58.93% from the 50-Day Moving Average
After a stumble in the market that brought AKTX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -76.59% of loss for the given period.
Volatility was left at 16.61%, however, over the last 30 days, the volatility rate increased by 31.86%, as shares sank -57.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -68.50% lower at present.
During the last 5 trading sessions, AKTX fell by -55.02%, which changed the moving average for the period of 200-days by -59.92% in comparison to the 20-day moving average, which settled at $2.1097. In addition, Akari Therapeutics Plc ADR saw -66.99% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for AKTX
The total capital return value is set at 3.01.
Based on Akari Therapeutics Plc ADR (AKTX), the company’s capital structure generated -0.18 points at debt to capital in total, while cash flow to debt ratio is standing at -10.43. The debt to equity ratio resting at -0.15. The interest coverage ratio of the stock is -168.03.
Currently, EBITDA for the company is -16.8 million with net debt to EBITDA at 0.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.29.
Conclusion
In conclusion, Akari Therapeutics Plc ADR (AKTX) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
