X4 Pharmaceuticals Inc. (NASDAQ:XFOR) saw an upside of 1.52% to $1.67 after adding $0.02 on Tuesday. The 5-day average trading volume is 1,524,596 shares of the company’s common stock. It has gained $1.8400 in the past week and touched a new high 2 times within the past 5 days. An average of 1,818,719 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,777,312.
XFOR’s 1-month performance is -17.08% or -$0.2650 on its low of $1.6150 reached on 08/08/23. The company’s shares have touched a 52-week low of $0.65 and high of $2.58, with the stock’s rally to the 52-week high happening on 06/13/23. YTD, XFOR has achieved 68.68% or $0.6720 and has reached a new high 23 times. However, the current price is down -34.95% from the 52-week high price.
Insider Transactions
XFOR stock investors last saw insider trading activity on Jun 30.Mostafa Adam S. (Chief Financial Officer) most recently sold 2,641 shares at $1.89 per share on Jun 30. This transaction cost the insider $4,991. Chief Operating Officer, DiBiase Mary, sold 464 shares at a price of $1.89 on Jun 30. Then, on Jun 23, President and CEO Ragan Paula sold 6,724 shares at a price of $1.92 per share. This transaction amounted to $12,910.
Valuation Metrics
XFOR stock has a beta of 0.70. Moving on to other valuation ratios, the price-to-book (PB) in the most recent quarter is 4.79.
X4 Pharmaceuticals Inc.’s quick ratio for the period ended March 30 was 5.00, with the current ratio over the same period at 5.00. As well, the company’s long term debt to equity for the quarter ending March 30 was 0.62, while the total debt to equity was 0.63.
Earnings Surprise
For the quarterly period ending March 30 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -0.83% to -$24.02 million, while revenue of -$29.1 million was -21.15% off the previous quarter. Analysts expected XFOR to announce -$0.22 per share in earnings in its latest quarter, but it posted -$0.16, representing a 27.30% surprise. EBITDA for the quarter stood at more than -$29.18 million. XFOR stock balance sheet for the quarter ending March 30 shows that total liabilities totaled 72.73 million, with total debt at $36.93 million. Shareholders hold equity totaling $122.21 million.
Let’s look briefly at X4 Pharmaceuticals Inc. (XFOR) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 07 August was 36.97% to suggest the stock is trending Neutral, with historical volatility in this time period at 61.55%.
The stock’s 5-day moving average is $1.7250, reflecting a -4.31% or -$0.0750 change from its current price. XFOR is currently trading -10.96% above its 20-day SMA, +83.86% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -17.16% and SMA200 by-10.96%.
Stochastic %K and %D was 23.57% and 29.68% and the average true range (ATR) pointed at 0.1139. The RSI (14) points at 40.30%, while the 14-day stochastic is at 16.39% with the period’s ATR at 0.1233. The stock’s 9-day MACD Oscillator is pointing at -0.0389 and -0.0615 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for X4 Pharmaceuticals Inc. (NASDAQ: XFOR), Cantor Fitzgerald launched coverage with an Overweight rating. Analysts offering their rating for XFOR stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate XFOR as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 8 have offered a “buy” rating.
What is XFOR’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $2.60 and a high of $5.00, with their median price target at $4.00. Looking at these predictions, the average price target given by analysts is for X4 Pharmaceuticals Inc. (XFOR) stock is $3.76.
