BioNTech SE [NASDAQ: BNTX] closed the trading session at $207.84 on 07/13/21. The day’s price range saw the stock hit a low of $206.80, while the highest price level was $214.43. The company report on June 18, 2021 that BioNTech Announces First Patient Dosed in Phase 2 Clinical Trial of mRNA-based BNT111 in Patients with Advanced Melanoma.
First program from BioNTech’s fully-owned mRNA cancer vaccine platform FixVac treats patients in a randomized clinical Phase 2 clinical trial.
Phase 2 trial is based on positive results from Phase 1 Lipo-MERIT trial that demonstrated a favorable safety profile for BNT111 as well as durable objective responses observed in patients with melanoma who had progressed following prior checkpoint blockade.
The stocks have a year to date performance of 154.96 percent and weekly performance of -2.65 percent. The stock has been moved at 90.85 percent over the last six months. The stock has performed -12.87 percent around the most recent 30 days and changed 60.32 percent over the most recent 3-months.
If compared to the average trading volume of 3.03M shares, BNTX reached to a volume of 1792987 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about BioNTech SE [BNTX]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BNTX shares is $195.09 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BNTX stock is a recommendation set at 2.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Redburn have made an estimate for BioNTech SE shares, keeping their opinion on the stock as Sell, with their previous recommendation back on June 16, 2021. While these analysts kept the previous recommendation, Goldman raised their target price to Neutral. The new note on the price target was released on May 18, 2021, representing the official price target for BioNTech SE stock. Previously, the target price had yet another raise from $135 to $206, while Bryan Garnier kept a Neutral rating on BNTX stock. On December 01, 2020, analysts increased their price target for BNTX shares from 123 to 126.
The Average True Range (ATR) for BioNTech SE is set at 12.19, with the Price to Sales ratio for BNTX stock in the period of the last 12 months amounting to 16.20. The Price to Book ratio for the last quarter was 16.94, with the Price to Cash per share for the same quarter was set at 4.57.
BNTX stock trade performance evaluation
BioNTech SE [BNTX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.65. With this latest performance, BNTX shares dropped by -12.87% in over the last four-week period, additionally plugging by 90.85% over the last 6 months – not to mention a rise of 167.22% 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 BNTX stock in for the last two-week period is set at 44.77, with the RSI for the last a single of trading hit 39.09, and the three-weeks RSI is set at 48.84 for BioNTech SE [BNTX]. The present Moving Average for the last 50 days of trading for this stock 210.49, while it was recorded at 210.96 for the last single week of trading, and 133.14 for the last 200 days.
BioNTech SE [BNTX]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and BioNTech SE [BNTX] shares currently have an operating margin of -55.27 and a Gross Margin at +87.76. BioNTech SE’s Net Margin is presently recorded at +3.15.
Return on Total Capital for BNTX is now -23.29, given the latest momentum, and Return on Invested Capital for the company is 1.34. Return on Equity for this stock inclined to 1.55, with Return on Assets sitting at 0.93. When it comes to the capital structure of this company, BioNTech SE [BNTX] has a Total Debt to Total Equity ratio set at 17.51. Additionally, BNTX Total Debt to Total Capital is recorded at 14.90, with Total Debt to Total Assets ending up at 10.36. Long-Term Debt to Equity for the company is recorded at 16.84, with the Long-Term Debt to Total Capital now at 14.33.
Reflecting on the efficiency of the workforce at the company, BioNTech SE [BNTX] managed to generate an average of $8,926 per employee. Receivables Turnover for the company is 4.86 with a Total Asset Turnover recorded at a value of 0.29.BioNTech SE’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.60 and a Current Ratio set at 2.70.
BioNTech SE [BNTX]: Insider Ownership positions
There are presently around $6,196 million, or 13.80% of BNTX stock, in the hands of institutional investors. The top three institutional holders of BNTX stocks are: BAILLIE GIFFORD & CO with ownership of 6,738,012, which is approximately New of the company’s market cap and around 1.18% of the total institutional ownership; PRIMECAP MANAGEMENT CO/CA/, holding 4,821,718 shares of the stock with an approximate value of $1.0 billion in BNTX stocks shares; and PRICE T ROWE ASSOCIATES INC /MD/, currently with $431.25 million in BNTX stock with ownership of nearly 31.755% of the company’s market capitalization.
Positions in BioNTech SE stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 137 institutional holders increased their position in BioNTech SE [NASDAQ:BNTX] by around 12,480,878 shares. Additionally, 83 investors decreased positions by around 4,376,449 shares, while 33 investors held positions by with 12,956,399 shares. The mentioned changes placed institutional holdings at 29,813,726 shares, according to the latest SEC report filing. BNTX stock had 66 new institutional investments in for a total of 9,393,514 shares, while 39 institutional investors sold positions of 1,567,137 shares during the same period.