uniQure N.V (QURE) Shares Rise Despite Market Challenges

uniQure N.V (NASDAQ: QURE) has experienced a rise in its stock price by 19.43 compared to its previous closing price of 5.97. However, the company has seen a gain of 23.36% in its stock price over the last five trading days. zacks.com reported 2024-11-29 that The consensus price target hints at a 228.1% upside potential for uniQure (QURE). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

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

Company’s 36-month beta value is 0.89.Analysts have differing opinions on the stock, with 7 analysts rating it as a “buy,” 3 as “overweight,” 3 as “hold,” and 0 as “sell.”

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The public float for QURE is 42.67M, and currently, short sellers hold a 7.42% ratio of that floaft. The average trading volume of QURE on December 03, 2024 was 694.96K shares.

QURE’s Market Performance

QURE’s stock has seen a 23.36% increase for the week, with a 24.65% rise in the past month and a 28.01% gain in the past quarter. The volatility ratio for the week is 7.35%, and the volatility levels for the past 30 days are at 8.62% for uniQure N.V The simple moving average for the past 20 days is 10.86% for QURE’s stock, with a 23.57% simple moving average for the past 200 days.

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 18.81% 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 -37.18% of loss for the given period.

Volatility was left at 8.62%, however, over the last 30 days, the volatility rate increased by 7.35%, as shares surge +21.67% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +33.02% upper at present.

During the last 5 trading sessions, QURE rose by +23.36%, which changed the moving average for the period of 200-days by +30.11% in comparison to the 20-day moving average, which settled at $6.43. In addition, uniQure N.V saw 5.32% 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 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
  • -0.11 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 -3.23. 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 5.72. 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 a nutshell, uniQure N.V (QURE) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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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