uniQure N.V. (NASDAQ:QURE) saw an upside of 4.21% to close Friday at $8.67 after adding $0.35 on the day. The 5-day average trading volume is 568,240 shares of the company’s common stock. It has gained $8.94 in the past week and touched a new high 2 times within the past 5 days. An average of 763,830 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,045,990.
QURE’s 1-month performance is -12.86% or -$1.96 on its low of $8.20 reached on 08/18/23. The company’s shares have touched a 52-week low of $8.25 and high of $28.25, with the stock’s rally to the 52-week high happening on 01/13/23. YTD, QURE has lost -61.76% or -$14.00 and has reached a new high 3 times. However, the current price is down -69.32% from the 52-week high price.
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Insider Transactions
QURE stock investors last saw insider trading activity on Jul 10.CALOZ PIERRE (Chief Operating Officer) most recently sold 15,117 shares at $11.36 per share on Jul 10. This transaction cost the insider $171,729. Director, Gut Robert, sold 3,228 shares at a price of $18.88 on Jun 16. Then, on Jun 16, Chief Operating Officer CALOZ PIERRE sold 2,920 shares at a price of $18.80 per share. This transaction amounted to $54,896.
Valuation Metrics
QURE stock has a beta of 1.02. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 3.55 while the price-to-book (PB) in the most recent quarter is 1.17.
uniQure N.V.’s quick ratio for the period ended June 29 was 10.90, with the current ratio over the same period at 11.10. As well, the company’s long term debt to equity for the quarter ending June 29 was 1.34, while the total debt to equity was 1.34. In terms of profitability, the gross margin trailing 12 months is 94.40%. The trailing 12-month EBITDA margin is -125.74%. The firm’s gross profit as reported stood at $104.39 million against revenue of $106.48 million.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 42.95% to -$68.47 million, while revenue of -$77.23 million was -12.79% off the previous quarter. Analysts expected QURE to announce $2.05 per share in earnings in its latest quarter, but it posted -$1.44, representing a -170.20% surprise. EBITDA for the quarter stood at more than -$62.49 million. QURE stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 589.45 million, with total debt at $139.08 million. Shareholders hold equity totaling $47.7 million.
Let’s look briefly at uniQure N.V. (QURE) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 18 August was 38.23% to suggest the stock is trending Neutral, with historical volatility in this time period at 43.65%.
The stock’s 5-day moving average is $8.61, reflecting a +1.52% or $0.13 change from its current price. QURE is currently trading -13.47% above its 20-day SMA, -56.93% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -57.52% and SMA200 by-53.44%.
Stochastic %K and %D was 10.96% and 14.28% and the average true range (ATR) pointed at 0.44. The RSI (14) points at 33.54%, while the 14-day stochastic is at 19.14% with the period’s ATR at 0.48. The stock’s 9-day MACD Oscillator is pointing at -0.09 and -0.50 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for uniQure N.V. (NASDAQ: QURE), UBS upgraded it to a Buy rating. They previously had a Neutral rating on the stock. Analysts offering their rating for QURE stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate QURE as a “sell,”, while 1 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 14 have offered a “buy” rating.
What is QURE’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $14.00 and a high of $56.00, with their median price target at $36.50. Looking at these predictions, the average price target given by analysts is for uniQure N.V. (QURE) stock is $36.71.
