Is Buying Stock In Biocryst Pharmaceuticals Inc. (BCRX) A Good Move Today?

Biocryst Pharmaceuticals Inc. (NASDAQ:BCRX) saw a downside of -0.27% to close Tuesday at $7.35 after subtracting -$0.02 on the day. The 5-day average trading volume is 2,182,080 shares of the company’s common stock. It has gained $7.70 in the past week and touched a new high 1 time within the past 5 days. An average of 2,584,480 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,617,342.

BCRX’s 1-month performance is 1.52% or $0.11 on its low of $6.68 reached on 09/13/23. The company’s shares have touched a 52-week low of $6.62 and high of $14.50, with the stock’s rally to the 52-week high happening on 01/06/23. YTD, BCRX has lost -35.98% or -$4.13 and has reached a new high 3 times. However, the current price is down -49.31% from the 52-week high price.

Insider Transactions

BCRX stock investors last saw insider trading activity on Jun 15.SANDERS MACHELLE (Director) most recently sold 4,000 shares at $7.98 per share on Jun 15. This transaction cost the insider $31,920. Director, Hutson Nancy J, sold 12,866 shares at a price of $8.04 on Jun 14. Then, on Apr 03, Chief R&D Officer Thackray Helen M. sold 7,000 shares at a price of $8.29 per share. This transaction amounted to $58,030.

Valuation Metrics

BCRX stock has a beta of 1.85. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 4.54.

Biocryst Pharmaceuticals Inc.’s quick ratio for the recent period was 5.18, with the current ratio over the same period at 5.47.. In terms of profitability, the gross margin trailing 12 months is 96.87%. The trailing 12-month EBITDA margin is -54.28%. The firm’s gross profit as reported stood at $264.42 million against revenue of $270.83 million.

Earnings Surprise

Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 21.86% to -$75.33 million, while revenue of -$53.33 million was 29.2% off the previous quarter. EBITDA for the quarter stood at more than -$23.13 million. BCRX stock balance sheet for the recent quarter shows that total liabilities totaled 918.6 million, with total debt at $827.63 million. Shareholders hold equity totaling $189.49 million.

Let’s look briefly at Biocryst Pharmaceuticals Inc. (BCRX) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 26 September was 55.82% to suggest the stock is trending Neutral, with historical volatility in this time period at 64.46%.

The stock’s 5-day moving average is $7.27, reflecting a -3.92% or -$0.30 change from its current price. BCRX is currently trading +1.10% above its 20-day SMA, -11.34% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +2.23% and SMA200 by-31.44%.

Stochastic %K and %D was 59.36% and 53.12% and the average true range (ATR) pointed at 0.35. The RSI (14) points at 53.91%, while the 14-day stochastic is at 58.78% with the period’s ATR at 0.35. The stock’s 9-day MACD Oscillator is pointing at 0.10 and 0.22 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Biocryst Pharmaceuticals Inc. (NASDAQ: BCRX), RBC Capital Mkts upgraded it to an Outperform rating. They previously had a Sector perform rating on the stock. Analysts offering their rating for BCRX stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate BCRX as a “sell,”, while 2 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 9 have offered a “buy” rating.

What is BCRX’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $8.00 and a high of $30.00, with their median price target at $11.50. Looking at these predictions, the average price target given by analysts is for Biocryst Pharmaceuticals Inc. (BCRX) stock is $15.20.

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