Autolus Therapeutics plc ADR (NASDAQ: AUTL): Up 215.56% In 2024, Outlook Remains Positive

The trading price of Autolus Therapeutics plc ADR (NASDAQ:AUTL) closed lower on Monday, April 01, closing at $5.68, -10.97% lower than its previous close.

In examining the 52-week price action we see that the stock hit a 52-week high of $7.45 and a 52-week low of $1.61. Over the past month, the stock has lost -5.33% in value.

Autolus Therapeutics plc ADR, whose market valuation is $988.89 million at the time of this writing, is expected to release its quarterly earnings report Mar 14, 2024. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by -$0.02 per share this quarter, however they have predicted annual earnings per share of -$0.67 for 2024 and -$0.57 for 2025. It means analysts are expecting annual earnings per share growth of 44.20% this year and 14.90% next year.

The average estimate suggests sales will likely up by 1,190.20% this quarter compared to what was recorded in the comparable quarter last year. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue in 2024 is $43.38 million. The company’s revenue is forecast to grow by 2,454.80% over what it did in 2024.

A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Autolus Therapeutics plc ADR No upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest AUTL has a Hold on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.

A quick review shows that AUTL’s price is currently -4.48% off the SMA20 and -7.20% off the SMA50. The RSI metric on the 14-day chart is currently showing 42.95, and weekly volatility stands at 6.28%. When measured over the past 30 days, the indicator reaches 6.71%. Autolus Therapeutics plc ADR (NASDAQ:AUTL)’s beta value is currently sitting at 1.89, while the Average True Range indicator is currently displaying 0.40.

To see how Autolus Therapeutics plc ADR stock has been performing in comparison to its peers in the industry, here are the numbers: AUTL stock’s performance was -10.97% in the latest trading, and 215.56% in the past year.

An evaluation of the daily trading volume of Autolus Therapeutics plc ADR (NASDAQ:AUTL) indicates that the 3-month average is 1.63 million. However, this figure has increased over the past 10 days to an average of 0.98 million.

Currently, records show that 174.10 million of the company’s shares remain outstanding. The insiders hold 15.01% of outstanding shares, whereas institutions hold 60.91%. The stats also highlight that short interest as of Mar 15, 2024, stood at 3.15 million shares, resulting in a short ratio of 2.13 at that time. From this, we can conclude that short interest is 1.36% of the company’s total outstanding shares. It is noteworthy that short shares in March were up slightly from the previous month’s figure, which was 3.1 million. However, since the stock’s price has seen -11.80% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.

Most Popular