Hookipa Pharma Inc (NASDAQ:HOOK) saw an upside of 3.94% to $0.62 after adding $0.03 on Wednesday. The 5-day average trading volume is 515,090 shares of the company’s common stock. It has gained $0.6440 in the past week and touched a new high 1 time within the past 5 days. An average of 370,887 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 433,243.
HOOK’s 1-month performance is -10.58% or -$0.0643 on its low of $0.5500 reached on 09/25/23. The company’s shares have touched a 52-week low of $0.55 and high of $2.05, with the stock’s rally to the 52-week high happening on 05/12/23. YTD, HOOK has lost -23.84% or -$0.1873 and has reached a new high 16 times. However, the current price is down -69.91% from the 52-week high price.
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Valuation Metrics
HOOK stock has a beta of 0.71. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 3.26 while the price-to-book (PB) in the most recent quarter is 0.46.
Hookipa Pharma Inc’s quick ratio for the period ended June 29 was 3.64, with the current ratio over the same period at 3.64. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.01, while the total debt to equity was 0.04. In terms of profitability, the gross margin trailing 12 months is 78.31%. The trailing 12-month EBITDA margin is -488.13% while for the period ending June 29, Hookipa Pharma Inc’s operating margin was -494.63%. The firm’s gross profit as reported stood at $87.4 million against revenue of $14.25 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 9.21% to -$18.02 million, while revenue of -$19.68 million was -9.21% off the previous quarter. Analysts expected HOOK to announce -$0.21 per share in earnings in its latest quarter, but it posted -$0.22, representing a -4.80% surprise. EBITDA for the quarter stood at more than -$20.61 million. HOOK stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 78.78 million, with total debt at $4.28 million. Shareholders hold equity totaling $83.95 million.
Let’s look briefly at Hookipa Pharma Inc (HOOK) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 26 September was 43.06% to suggest the stock is trending Neutral, with historical volatility in this time period at 58.34%.
The stock’s 5-day moving average is $0.6014, reflecting a +1.63% or $0.0100 change from its current price. HOOK is currently trading -9.36% above its 20-day SMA, -54.21% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -30.03% and SMA200 by-25.87%.
Stochastic %K and %D was 23.95% and 15.65% and the average true range (ATR) pointed at 0.0444. The RSI (14) points at 40.74%, while the 14-day stochastic is at 35.46% with the period’s ATR at 0.0454. The stock’s 9-day MACD Oscillator is pointing at -0.0209 and -0.0464 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Hookipa Pharma Inc (NASDAQ: HOOK), BofA Securities downgraded it to an Underperform rating. They previously had a Buy rating on the stock. Analysts offering their rating for HOOK stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate HOOK as a “sell,”, while 1 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 6 have offered a “buy” rating.
What is HOOK’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $2.25 and a high of $7.00, with their median price target at $4.00. Looking at these predictions, the average price target given by analysts is for Hookipa Pharma Inc (HOOK) stock is $4.82.
