NantKwest Inc. [NK] is 125.07% higher this YTD. Is it still time to buy?

NantKwest Inc. [NASDAQ: NK] stock went on an upward path that rose over 11.50% on Wednesday, amounting to a one-week price increase of more than 23.00%. The company report on October 7, 2020 that NantKwest, ImmunityBio Add Third-Line Cohort to Phase 2 Pancreatic Cancer Trial; Opens Study to Patients Who Have Failed All Approved Standards of Care.

Third cohort added to independently evaluate the efficacy of NantKwest’s PD-L1 t-haNK natural killer cells plus ImmunityBio’s IL-15 superagonist Anktiva™ (N-803) in third-line or greater therapy for patients with locally advanced or metastatic pancreatic cancer.

Two other cohorts for first-line maintenance and second-line randomized against standards of care chemotherapy.

Over the last 12 months, NK stock rose by 593.50%. The average equity rating for NK stock is currently 2.50, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $922.95 million, with 98.77 million shares outstanding and 36.02 million shares in the current float. Compared to the average trading volume of 1.34M shares, NK stock reached a trading volume of 1567162 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on NantKwest Inc. [NK]:

Piper Sandler have made an estimate for NantKwest Inc. shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on July 08, 2020. The new note on the price target was released on May 31, 2019, representing the official price target for NantKwest Inc. stock.

The Average True Range (ATR) for NantKwest Inc. is set at 0.65, with the Price to Sales ratio for NK stock in the period of the last 12 months amounting to 21463.86. The Price to Book ratio for the last quarter was 4.96, with the Price to Cash per share for the same quarter was set at 1.02.

NK Stock Performance Analysis:

NantKwest Inc. [NK] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 23.00. With this latest performance, NK shares gained by 33.91% in over the last four-week period, additionally plugging by 189.15% over the last 6 months – not to mention a rise of 593.50% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NK stock in for the last two-week period is set at 56.89, with the RSI for the last a single of trading hit 67.01, and the three-weeks RSI is set at 53.79 for NantKwest Inc. [NK]. The present Moving Average for the last 50 days of trading for this stock 8.38, while it was recorded at 7.63 for the last single week of trading, and 6.82 for the last 200 days.

Insight into NantKwest Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and NantKwest Inc. [NK] shares currently have an operating margin of -155597.67. NantKwest Inc.’s Net Margin is presently recorded at -152997.67.

Return on Total Capital for NK is now -46.39, given the latest momentum, and Return on Invested Capital for the company is -46.41. Return on Equity for this stock declined to -49.34, with Return on Assets sitting at -40.08. When it comes to the capital structure of this company, NantKwest Inc. [NK] has a Total Debt to Total Equity ratio set at 12.30. Additionally, NK Total Debt to Total Capital is recorded at 10.96, with Total Debt to Total Assets ending up at 10.15. Long-Term Debt to Equity for the company is recorded at 9.02, with the Long-Term Debt to Total Capital now at 8.03.

Reflecting on the efficiency of the workforce at the company, NantKwest Inc. [NK] managed to generate an average of -$444,520 per employee. Receivables Turnover for the company is 0.01 with a Total Asset Turnover recorded at a value of 0.00.NantKwest Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 6.80 and a Current Ratio set at 6.80.

NK Stock EPS

With the latest financial reports released by the company, NantKwest Inc. posted -0.16/share EPS, while the average EPS was predicted by analysts to be reported at -0.18/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 11.10%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for NK. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for NantKwest Inc. go to -1.70%.

NantKwest Inc. [NK] Insider Position Details

There are presently around $90 million, or 9.80% of NK stock, in the hands of institutional investors. The top three institutional holders of NK stocks are: BLACKROCK INC. with ownership of 2,053,046, which is approximately 203.507% of the company’s market cap and around 25.80% of the total institutional ownership; VANGUARD GROUP INC, holding 1,733,043 shares of the stock with an approximate value of $14.78 million in NK stocks shares; and CVI HOLDINGS, LLC, currently with $6.72 million in NK stock with ownership of nearly New of the company’s market capitalization.

Positions in NantKwest Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 70 institutional holders increased their position in NantKwest Inc. [NASDAQ:NK] by around 6,578,172 shares. Additionally, 19 investors decreased positions by around 2,132,820 shares, while 5 investors held positions by with 1,827,273 shares. The mentioned changes placed institutional holdings at 10,538,265 shares, according to the latest SEC report filing. NK stock had 45 new institutional investments in for a total of 2,883,421 shares, while 10 institutional investors sold positions of 246,135 shares during the same period.

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