At the last check on Friday, Natera Inc.’s (NASDAQ:NTRA) stock was up $8.33, moving up 19.19 percent to $51.73. The average number of shares traded per day over the past five days has been 1,081,936 shares. 2 times new highs have been achieved over the past 5 days, with a $5.58 gain in that time frame. In the last twenty days, the average volume was 814,719, while in the previous 50 days, it was 946,210.
Since last month, NTRA stock rose 9.83%. Shares of the company fell to $43.19 on 08/03/23, the lowest level in the past month. A 52-week high of $59.75 was reached on 03/09/23 after having rallying from a 52-week low of $34.00. Since the beginning of this year, NTRA’s stock price has risen by 28.77% or $11.29, and marked a new high 16 times. However, the stock has declined by -13.42% since its 52-week high.
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NTRA stock investors should be aware that Natera Inc. (NTRA) stock had its last reported insider trading activity 10 days ago on Jul 25. Brophy Michael Burkes, the CHIEF FINANCIAL OFFICER of the company, disposed of 2,347 shares for $46.58 on Jul 25. It resulted in a $109,323 divestment by the insider. Chapman Steven Leonard sold 2,578 shares at an average price of $47.83 on Jul 24. The insider now owns 217,566 shares following the transaction. On Jul 24, CHIEF FINANCIAL OFFICER Brophy Michael Burkes sold 1,570 shares at $47.83 apiece. The transaction was valued at $75,087.
Valuation Metrics
The stock’s beta is 1.16. Besides these, the trailing price-to-sales (P/S) ratio of 6.73, the price-to-book (PB) ratio of 8.89.
Financial Health
In the three months ended June 29, Natera Inc.’s quick ratio stood at 3.70, while its current ratio was 3.90, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.43, and the total debt-to-equity ratio was 0.56. On the profitability front, the trailing twelve-month gross margin is 42.30% percent. In the year ended June 29, EBITDA margin amounted to -61.11%, whereas operating margins totaled -62.50%. Based on annual data, NTRA earned $363.97 million in gross profit and brought in $820.22 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -50.80%. Return on equity (ROE) for the past 12 months was -101.00%.
In Natera Inc.’s quarter-end financial report for June 29, it reported total debt of $281.97 million against cash and short-term investments of $408.86 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. NTRA’s revenue rose 19.7% to $217.25 million during the quarter, while net income inched up to $241.76 million. While analysts expected Natera Inc. to report -$1.09 quarterly earnings, the actual figure was -$0.97 per share, beating the consensus estimate by 11.00%. During the quarter, the company generated -$132.12 million in EBITDA. The liabilities of Natera Inc. were 668.31 million at the end of its most recent quarter ended June 29, and its total debt was $445.53 million. The value of shareholders’ equity is $114.3 million.
Technical Picture
This quick technical analysis looks at Natera Inc.’s (NTRA) price momentum. With a historical volatility rate of 92.94%, the RSI 9-day stood at 66.38% on 03 August.
With respect to its five-day moving average, the current Natera Inc. price is up by +12.16% percent or $5.58. At present, NTRA shares trade +9.75% above its 20-day simple moving average and -6.74% percent below its 100-day simple moving average. However, the stock is currently trading approximately -0.89% below its SMA50 and +18.54% above its SMA200.
Stochastic coefficient K was 35.28% and Stochastic coefficient D was 16.71%, while ATR was 2.37. Given the Stochastic reading of 97.75% for the 14-day period, the RSI (14) reading has been calculated as 60.32%. As of today, the MACD Oscillator reading stands at 0.18, while the 14-day reading stands at -0.55.
Analyst Ratings
Natera Inc. (NTRA) has been rated Buy by analysts. According to 1 brokerage firm, NTRA is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate Natera Inc. stock as buy, with 12 recommending it as overweight.
With a median target price of $71.00, the current consensus forecast for the stock is $29.00 – $117.00. Based on these forecasts, analysts predict Natera Inc. (NTRA) will achieve an average price target of $73.00.
