Kintara Therapeutics Inc [KTRA] is 33.84% higher this YTD. Is it still time to buy?

Kintara Therapeutics Inc [NASDAQ: KTRA] gained 14.70% on the last trading session, reaching $0.23 price per share at the time.

If compared to the average trading volume of 2.77M shares, KTRA reached a trading volume of 4832055 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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Here is what top equities market gurus are saying about Kintara Therapeutics Inc [KTRA]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for KTRA shares is $14.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on KTRA stock is a recommendation set at 2.00. 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.

Trading performance analysis for KTRA stock

Kintara Therapeutics Inc [KTRA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 20.11. With this latest performance, KTRA shares gained by 34.88% in over the last four-week period, additionally plugging by 111.95% over the last 6 months – not to mention a drop of -93.38% 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 KTRA stock in for the last two-week period is set at 62.33, with the RSI for the last a single of trading hit 67.92, and the three-weeks RSI is set at 58.33 for Kintara Therapeutics Inc [KTRA]. The present Moving Average for the last 50 days of trading for this stock 0.1883, while it was recorded at 0.1930 for the last single week of trading, and 0.1705 for the last 200 days.

Kintara Therapeutics Inc [KTRA]: A deeper dive into fundamental analysis

Kintara Therapeutics Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.45 and a Current Ratio set at 2.45.

An analysis of Institutional ownership at Kintara Therapeutics Inc [KTRA]

There are presently around $1.47%, or 1.47%% of KTRA stock, in the hands of institutional investors.