Kiora Pharmaceuticals Inc. (NASDAQ:KPRX) saw an upside of 15.45% to $0.59 after adding $0.08on Wednesday. The 5-day average trading volume is 1,767,901 shares of the company’s common stock. It has gained $0.6100 in the past week and touched a new high 2 times within the past 5 days. An average of 509,755 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 346,384.
KPRX’s 1-month performance is -2.08% or -$0.0604 on its low of $0.5005 reached on 08/22/23. The company’s shares have touched a 52-week low of $0.50 and high of $12.26, with the stock’s rally to the 52-week high happening on 02/08/23. YTD, KPRX has lost -82.83% or -$2.8724 and has reached a new high 5 times. However, the current price is down -95.20% from the 52-week high price.
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Valuation Metrics
KPRX stock has a beta of -0.16. Moving on to other valuation ratios, the price-to-book (PB) in the most recent quarter is 0.14.
Kiora Pharmaceuticals Inc.’s quick ratio for the period ended June 29 was 4.80, with the current ratio over the same period at 4.80.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income grew 8.05% to -$2.61 million, while revenue of -$1.87 million was 28.35% off the previous quarter. Analysts expected KPRX to announce -$1.06 per share in earnings in its latest quarter, but it posted -$0.79, representing a 25.50% surprise. KPRX stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 6.24 million, with total debt at $39010.0. Shareholders hold equity totaling $7.25 million.
Let’s look briefly at Kiora Pharmaceuticals Inc. (KPRX) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 August was 50.55% to suggest the stock is trending Neutral, with historical volatility in this time period at 62.15%.
The stock’s 5-day moving average is $0.5329, reflecting a +1.38% or $0.0076 change from its current price. KPRX is currently trading -7.83% above its 20-day SMA, -83.74% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -26.15% and SMA200 by-90.53%.
Stochastic %K and %D was 25.19% and 19.32% and the average true range (ATR) pointed at 0.0353. The RSI (14) points at 40.21%, while the 14-day stochastic is at 52.15% with the period’s ATR at 0.0382. The stock’s 9-day MACD Oscillator is pointing at -0.0093 and -0.0170 on the 14-day charts.
Analyst Ratings
Analysts offering their rating for KPRX stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate KPRX as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 3 have offered a “buy” rating.
What is KPRX’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $2.00 and a high of $33.00, with their median price target at $2.00. Looking at these predictions, the average price target given by analysts is for Kiora Pharmaceuticals Inc. (KPRX) stock is $12.33.
