As of Friday close, Natera Inc.’s (NASDAQ:NTRA) stock was up $0.63, moving up 1.21 percent to $52.60. The average number of shares traded per day over the past five days has been 843,320 shares. 1 time new highs have been achieved over the past 5 days, with a -$3.61 fall in that time frame. In the last twenty days, the average volume was 1,195,395, while in the previous 50 days, it was 1,051,030.
Since last month, NTRA stock rose 10.78%. 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 30.94% or $12.43, and marked a new high 16 times. However, the stock has declined by -11.97% since its 52-week high.
NTRA stock investors should be aware that Natera Inc. (NTRA) stock had its last reported insider trading activity 8 days ago on Aug 11. Chapman Steven Leonard, the CEO AND PRESIDENT of the company, disposed of 2,578 shares for $55.00 on Aug 11. It resulted in a $141,790 divestment by the insider. Sheena Jonathan sold 5,000 shares at an average price of $44.22 on Aug 02. The insider now owns 504,746 shares following the transaction. On Aug 02, CO-FOUNDER Sheena Jonathan sold 1,000 shares at $44.15 apiece. The transaction was valued at $44,149.
Valuation Metrics
The stock’s beta is 1.09. Besides these, the trailing price-to-sales (P/S) ratio of 6.14, the price-to-book (PB) ratio of 10.04.
Financial Health
In the recent quarter, Natera Inc.’s quick ratio stood at 3.70, while its current ratio was 3.80, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the recent quarter was 0.47, and the total debt-to-equity ratio was 0.61. On the profitability front, the trailing twelve-month gross margin is 42.50% percent. In the recent year, EBITDA margin amounted to -61.11%, whereas operating margins totaled -54.90%. 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 -88.50%.
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 24.18% to $241.76 million during the quarter, while net income inched up to $261.4 million. During the quarter, the company generated -$106.32 million in EBITDA. The liabilities of Natera Inc. were 651.75 million at the end of its most recent quarter, and its total debt was $444.24 million. The value of shareholders’ equity is $114.6 million.
Technical Picture
This quick technical analysis looks at Natera Inc.’s (NTRA) price momentum. With a historical volatility rate of 45.28%, the RSI 9-day stood at 54.74% on 18 August.
With respect to its five-day moving average, the current Natera Inc. price is down by -6.42% percent or -$3.61. At present, NTRA shares trade +6.67% above its 20-day simple moving average and -6.05% percent below its 100-day simple moving average. However, the stock is currently trading approximately +6.13% above its SMA50 and +12.01% above its SMA200.
Stochastic coefficient K was 67.21% and Stochastic coefficient D was 74.64%, while ATR was 2.23. Given the Stochastic reading of 67.02% for the 14-day period, the RSI (14) reading has been calculated as 55.41%. As of today, the MACD Oscillator reading stands at -1.17, while the 14-day reading stands at 1.28.
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 $34.00 – $117.00. Based on these forecasts, analysts predict Natera Inc. (NTRA) will achieve an average price target of $73.87.
