Nextcure Inc (NXTC): A Technical Analysis

NXTC has 36-month beta value of 0.65. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 3 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for NXTC is 21.32M, and currently, short sellers hold a 0.24% ratio of that float. The average trading volume of NXTC on December 31, 2024 was 108.59K shares.

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NXTC) stock’s latest price update

Nextcure Inc (NASDAQ: NXTC)’s stock price has dropped by -7.20 in relation to previous closing price of 0.83. Nevertheless, the company has seen a loss of -18.15% in its stock price over the last five trading days. globenewswire.com reported 2024-12-10 that LNCB74 is a B7-H4-targeting antibody-drug conjugate being developed for multiple cancers in partnership with LigaChem Biosciences LNCB74 is a B7-H4-targeting antibody-drug conjugate being developed for multiple cancers in partnership with LigaChem Biosciences

NXTC’s Market Performance

Nextcure Inc (NXTC) has experienced a -18.15% fall in stock performance for the past week, with a -34.17% drop in the past month, and a -41.21% drop in the past quarter. The volatility ratio for the week is 13.52%, and the volatility levels for the past 30 days are at 10.35% for NXTC. The simple moving average for the last 20 days is -22.51% for NXTC’s stock, with a simple moving average of -47.72% for the last 200 days.

Analysts’ Opinion of NXTC

Ladenburg Thalmann, on the other hand, stated in their research note that they expect to see NXTC reach a price target of $16. The rating they have provided for NXTC stocks is “Buy” according to the report published on March 01st, 2022.

Truist gave a rating of “Buy” to NXTC, setting the target price at $19 in the report published on March 05th of the previous year.

NXTC Trading at -35.00% from the 50-Day Moving Average

After a stumble in the market that brought NXTC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -70.03% of loss for the given period.

Volatility was left at 10.35%, however, over the last 30 days, the volatility rate increased by 13.52%, as shares sank -33.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -43.80% lower at present.

During the last 5 trading sessions, NXTC fell by -18.17%, which changed the moving average for the period of 200-days by -46.90% in comparison to the 20-day moving average, which settled at $0.9939. In addition, Nextcure Inc saw -32.44% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for NXTC

Current profitability levels for the company are sitting at:

  • -9.63 for the present operating margin
  • 0.61 for the gross margin

The net margin for Nextcure Inc stands at -9.31. The total capital return value is set at -0.74. Equity return is now at value -57.93, with -50.82 for asset returns.

Currently, EBITDA for the company is -59.04 million with net debt to EBITDA at 0.39. When we switch over and look at the enterprise to sales, we see a ratio of -0.12. The liquidity ratio also appears to be rather interesting for investors as it stands at 9.07.

Conclusion

To put it simply, Nextcure Inc (NXTC) 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.

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