uniQure N.V. (NASDAQ:QURE) Stock is trading Lower -32.27% From 200-Day SMA

Goldman raised the price target for the uniQure N.V. (NASDAQ:QURE) stock from “a Buy” to “a Neutral”. The rating was released on February 29, 2024, according to finviz. We previously noted in another research note published on December 19, 2023 by Mizuho that downgraded the stock from a Buy to a Neutral with a price target of $10 for QURE stock. The research report from UBS has upgraded the stock from Neutral to Buy, with a price target set at $40. The stock was initiated by BTIG Research, who disclosed in a research note on June 15, 2021, to Buy and set the price objective to $46. In their research brief published May 21, 2021, UBS analysts initiated the uniQure N.V. stock to Neutral with a price target of $40.

Historical Earnings Surprises and Revenue Forecasts

Profit is the most critical financial performance measure. Every investor in a business is looking forward to the earnings report as stock price to increase when earnings exceed market expectations and progressively decrease when earnings do not meet expectations. The firm reported an earnings per share (EPS) of -$1.53 during the last quarter as opposed to a consensus estimate of -$1.45, which indicates the company missed its estimate by -$0.08, which implies that the company surprised the market by -5.50%. It appears that the average earnings per share estimate for the current quarter (ending in Mar 2024) is -$1.29. This is an average of 12 analysts’ earnings, where the high earnings per share estimate is -$0.88 and the low earnings per share estimate is -$1.64.

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The latest trade, Performances and Moving Averages give us the following Picture

The firm’s stock price fluctuated 0.19% within the last five trades and -22.27% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price decreased -24.64% in the last 6 months and -23.53% was subtracted to its value over the previous 3 months. QURE stock is trading at a margin of -0.47%, -6.98% and -32.27% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.

As of the close of trading, QURE deals in the Healthcare domain. The stock is trading -76.87 percent below its 52-week high and 9.24 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is -62. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.

What Does uniQure N.V.’s Profitability and Valuation Ratios Tell Us About the Stock?

With regard to the profitability of the company, the operating margin is currently at -1388.47 percent and the profit margin is -1947.09 percent, and the company has reported a gross margin of -61.13 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.

The stock’s market cap achieved a total value of $248.77 million as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 15.71 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 1.20, which equates the market value of a stock with its book value.

Is Insider Trading a Real Thing?

Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 11.06 percent of uniQure N.V. shares are owned by insiders, and 79.16 percent are held by financial institutions. Kapusta Matthew C, the CEO, Managing Director at uniQure N.V. (QURE) has sold 27,904 shares of firm on Feb 26 ’24 at a price of $6.35 against the total amount of $0.18 million. In another inside trade, KLEMT CHRISTIAN, Chief Financial Officer of uniQure N.V. (NASDAQ:QURE) sold 15,906 shares of the firm on Feb 26 ’24 for a total worth of $0.1 million at a price of $6.38. An inside trade which took place on Feb 26 ’24, Chief Operating Officer of uniQure N.V. CALOZ PIERRE sold 9,455 shares of firm against total price of $61174.0 at the cost of $6.47 per share.

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