Kodiak Sciences Trading Down 2.9 percent Time to Sell?
| KOD Stock | USD 9.32 0.20 2.19% |
About 56% of all Kodiak Sciences' shareholders are looking to take a long position. The analysis of the overall investor sentiment regarding Kodiak Sciences suggests that some traders are interested. The current market sentiment, together with Kodiak Sciences' historical and current headlines, can help investors time the market. In addition, many technical investors use Kodiak Sciences stock news signals to limit their universe of possible portfolio assets.
Kodiak |
Kodiak Sciences Inc. traded down 2.9 percent on Thursday . The stock traded as low as 9.56 and last traded at 9.66. 44,896 shares changed hands during trading, a decline of 91 percent from the average session volume of 478,904 shares. The stock had previously closed at 9.95. Analyst Upgrades and Downgrades
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Kodiak Sciences Fundamental Analysis
We analyze Kodiak Sciences' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kodiak Sciences using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kodiak Sciences based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Book Value Per Share
Book Value Per Share Comparative Analysis
Kodiak Sciences is currently under evaluation in book value per share category among its peers. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Kodiak Sciences Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Kodiak Sciences stock to make a market-neutral strategy. Peer analysis of Kodiak Sciences could also be used in its relative valuation, which is a method of valuing Kodiak Sciences by comparing valuation metrics with similar companies.
Peers
Kodiak Sciences Related Equities
| CGTX | Cognition Therapeutics | 11.84 | ||||
| EYEN | Eyenovia | 9.09 | ||||
| GOSS | Gossamer Bio | 6.86 | ||||
| BMEA | Biomea Fusion | 5.09 | ||||
| RVPH | Reviva Pharmaceuticals | 3.68 | ||||
| FBIOP | Fortress Biotech | 2.80 | ||||
| SRPT | Sarepta Therapeutics | 1.27 | ||||
| CTMX | CytomX Therapeutics | 0.88 | ||||
| MDGL | Madrigal Pharmaceuticals | 0.35 | ||||
| CKPT | Checkpoint Therapeutics | 0.27 | ||||
| ASMB | Assembly Biosciences | 0.80 | ||||
| TIL | Instil Bio | 1.26 | ||||
| SPRO | Spero Therapeutics | 1.82 | ||||
| AKRO | Akero Therapeutics | 2.12 | ||||
| RVPHW | Reviva Pharmaceuticals | 4.00 | ||||
| STOK | Stoke Therapeutics | 4.09 | ||||
| RNAZ | Transcode Therapeutics | 4.12 | ||||
| MBIO | Mustang Bio | 4.55 |
Complementary Tools for Kodiak Stock analysis
When running Kodiak Sciences' price analysis, check to measure Kodiak Sciences' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kodiak Sciences is operating at the current time. Most of Kodiak Sciences' value examination focuses on studying past and present price action to predict the probability of Kodiak Sciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kodiak Sciences' price. Additionally, you may evaluate how the addition of Kodiak Sciences to your portfolios can decrease your overall portfolio volatility.
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