Ionis Pharmaceuticals Inc (IONS) Shares Plummet Below 1-Year High

Ionis Pharmaceuticals Inc (NASDAQ: IONS) has seen a decline in its stock price by -1.53 in relation to its previous close of 32.13. However, the company has experienced a -7.24% decline in its stock price over the last five trading sessions. globenewswire.com reported 2025-01-15 that The market will grow as a result of the increasing incidence of amyloidosis, technological advancements in diagnostics, increased focus on rare diseases, improved healthcare infrastructure, increased awareness and support programs, and strategic alliances and collaborations. The market will grow as a result of the increasing incidence of amyloidosis, technological advancements in diagnostics, increased focus on rare diseases, improved healthcare infrastructure, increased awareness and support programs, and strategic alliances and collaborations.

Is It Worth Investing in Ionis Pharmaceuticals Inc (NASDAQ: IONS) Right Now?

Company’s 36-month beta value is 0.29.Analysts have differing opinions on the stock, with 13 analysts rating it as a “buy,” 4 as “overweight,” 7 as “hold,” and 0 as “sell.”

The public float for IONS is 154.00M, and currently, short sellers hold a 6.65% ratio of that floaft. The average trading volume of IONS on February 05, 2025 was 1.56M shares.

IONS’s Market Performance

The stock of Ionis Pharmaceuticals Inc (IONS) has seen a -7.24% decrease in the past week, with a -8.79% drop in the past month, and a -17.58% fall in the past quarter. The volatility ratio for the week is 4.78%, and the volatility levels for the past 30 days are at 4.33% for IONS. The simple moving average for the past 20 days is -4.93% for IONS’s stock, with a -22.22% simple moving average for the past 200 days.

Analysts’ Opinion of IONS

Many brokerage firms have already submitted their reports for IONS stocks, with BMO Capital Markets repeating the rating for IONS by listing it as a “Market Perform.” The predicted price for IONS in the upcoming period, according to BMO Capital Markets is $60 based on the research report published on August 02, 2024 of the previous year 2024.

Leerink Partners, on the other hand, stated in their research note that they expect to see IONS reach a price target of $62, previously predicting the price at $53. The rating they have provided for IONS stocks is “Outperform” according to the report published on July 24th, 2024.

Jefferies gave a rating of “Buy” to IONS, setting the target price at $75 in the report published on July 16th of the previous year.

IONS Trading at -9.67% from the 50-Day Moving Average

After a stumble in the market that brought IONS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -39.55% of loss for the given period.

Volatility was left at 4.33%, however, over the last 30 days, the volatility rate increased by 4.78%, as shares sank -9.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.25% lower at present.

During the last 5 trading sessions, IONS fell by -7.24%, which changed the moving average for the period of 200-days by -22.66% in comparison to the 20-day moving average, which settled at $33.28. In addition, Ionis Pharmaceuticals Inc saw -9.50% 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 IONS starting from Monia Brett P, who proposed sale 40,003 shares at the price of $32.13 back on Feb 04 ’25. After this action, Monia Brett P now owns shares of Ionis Pharmaceuticals Inc, valued at $1,285,296 using the latest closing price.

O’NEIL PATRICK R., the Officer of Ionis Pharmaceuticals Inc, proposed sale 7,372 shares at $32.13 during a trade that took place back on Feb 04 ’25, which means that O’NEIL PATRICK R. is holding shares at $236,862 based on the most recent closing price.

Stock Fundamentals for IONS

Current profitability levels for the company are sitting at:

  • -0.46 for the present operating margin
  • 0.97 for the gross margin

The net margin for Ionis Pharmaceuticals Inc stands at -0.45. The total capital return value is set at -0.13. Equity return is now at value -73.33, with -11.92 for asset returns.

Based on Ionis Pharmaceuticals Inc (IONS), the company’s capital structure generated 0.69 points at debt to capital in total, while cash flow to debt ratio is standing at -0.24. The debt to equity ratio resting at 2.18. The interest coverage ratio of the stock is -4.34.

Currently, EBITDA for the company is -230.01 million with net debt to EBITDA at -4.4. When we switch over and look at the enterprise to sales, we see a ratio of 7.6. The receivables turnover for the company is 44.8for trailing twelve months and the total asset turnover is 0.26. The liquidity ratio also appears to be rather interesting for investors as it stands at 8.91.

Conclusion

In a nutshell, Ionis Pharmaceuticals Inc (IONS) has experienced a bad 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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