Nkarta Inc Stock Today

NKTX Stock  USD 2.87  0.12  4.01%   

Performance

0 of 100

 
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Odds Of Distress

Over 74

 
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High
Nkarta is trading at 2.87 as of the 30th of November 2024; that is 4.01 percent decrease since the beginning of the trading day. The stock's open price was 2.99. Nkarta has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Nkarta Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
10th of July 2020
Category
Healthcare
Classification
Health Care
Nkarta, Inc., a a clinical-stage biopharmaceutical company, develops and commercializes cell therapies for cancer treatment. Nkarta, Inc. was incorporated in 2015 and is based in South San Francisco, California. Nkarta operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. The company has 70.57 M outstanding shares of which 6.77 M shares are now shorted by private and institutional investors with about 7.05 trading days to cover. More on Nkarta Inc

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Nkarta Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President CEOPaul Hastings
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Composite, NASDAQ Health Care, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.00260.0027
Notably Down
Slightly volatile
Gross Profit Margin0.480.77
Way Down
Slightly volatile
Total Current Liabilities12.7 M23.3 M
Way Down
Slightly volatile
Non Current Liabilities Total48.6 M82.3 M
Way Down
Slightly volatile
Total Assets278.9 M378.9 M
Way Down
Slightly volatile
Total Current Assets221.7 M253.1 M
Fairly Down
Slightly volatile
Debt Levels
Nkarta can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Nkarta's financial leverage. It provides some insight into what part of Nkarta's total assets is financed by creditors.
Liquidity
Nkarta Inc currently holds 88.34 M in liabilities with Debt to Equity (D/E) ratio of 0.17, which may suggest the company is not taking enough advantage from borrowing. Nkarta Inc has a current ratio of 31.03, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Nkarta's use of debt, we should always consider it together with its cash and equity.

Capital Expenditures

16.59 Million
Nkarta Inc (NKTX) is traded on NASDAQ Exchange in USA. It is located in 1150 Veterans Boulevard, South San Francisco, CA, United States, 94080 and employs 159 people. Nkarta is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 211 M. Nkarta Inc conducts business under Biotechnology sector and is part of Health Care industry. The entity has 70.57 M outstanding shares of which 6.77 M shares are now shorted by private and institutional investors with about 7.05 trading days to cover. Nkarta Inc currently holds about 412.95 M in cash with (86.16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.49, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Nkarta Probability Of Bankruptcy
Ownership Allocation
Nkarta Inc maintains a total of 70.57 Million outstanding shares. The majority of Nkarta outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Nkarta Inc to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Nkarta Inc. Please pay attention to any change in the institutional holdings of Nkarta as this could imply that something significant has changed or is about to change at the company. Also note that almost two million five hundred ninety-six thousand nine hundred thirty-two invesors are currently shorting Nkarta expressing very little confidence in its future performance.
Check Nkarta Ownership Details

Nkarta Stock Institutional Holders

InstituionRecorded OnShares
Wasatch Advisors Lp2024-09-30
1.8 M
Ameriprise Financial Inc2024-06-30
1.2 M
Geode Capital Management, Llc2024-09-30
1.2 M
Alyeska Investment Group, L.p.2024-09-30
1.1 M
State Street Corp2024-06-30
1.1 M
Renaissance Technologies Corp2024-09-30
884.3 K
Orbimed Advisors, Llc2024-06-30
800 K
T. Rowe Price Investment Management,inc.2024-09-30
792.8 K
Superstring Capital Management Lp2024-09-30
740.3 K
Ra Capital Management, Llc2024-09-30
10.8 M
Commodore Capital Lp2024-09-30
4.7 M
View Nkarta Diagnostics

Nkarta Historical Income Statement

At this time, Nkarta's Net Interest Income is fairly stable compared to the past year. Interest Income is likely to rise to about 14.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 20 M in 2024. View More Fundamentals

Nkarta Stock Against Markets

Nkarta Corporate Management

Ralph BrandenbergerChief OfficerProfile
Nadir MahmoodChief OfficerProfile
Greg MannVice RelationsProfile
Yvonne MBAChief OfficerProfile
Alicia HagerChief SecretaryProfile
James TragerChief OfficerProfile

Additional Tools for Nkarta Stock Analysis

When running Nkarta's price analysis, check to measure Nkarta's 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 Nkarta is operating at the current time. Most of Nkarta's value examination focuses on studying past and present price action to predict the probability of Nkarta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nkarta's price. Additionally, you may evaluate how the addition of Nkarta to your portfolios can decrease your overall portfolio volatility.