What Lies Ahead For Autolus Therapeutics plc ADR (NASDAQ: AUTL) In 2024?

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Autolus Therapeutics plc ADR (NASDAQ:AUTL) shares, rose in value, with the stock price down by -6.03% to the previous day’s close as strong demand from buyers drove the stock to $4.21.

Actively observing the price movement in the last trading, the stock closed the session at $4.48. Referring to stock’s 52-week performance, its high was $7.45, and the low was $1.61. On the whole, AUTL has fluctuated by -33.49% over the past month.

Wall Street analysts also predicted that the company’s y-o-y revenues would reach 16.67M.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that AUTL’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Sell.

The stock’s technical analysis shows that the PEG ratio is about 0, with the price of AUTL currently trading nearly -20.49% and -27.53% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 24.68, while the 7-day volatility ratio is showing 7.62% which for the 30-day chart, stands at 6.49%. Furthermore, Autolus Therapeutics plc ADR (AUTL)’s beta value is 1.99, and its average true range (ATR) is 0.34.

A comparison of Autolus Therapeutics plc ADR (AUTL) with its peers suggests the former has fared considerably weaker in the market. AUTL showed an intraday change of -6.03% in last session, and over the past year, it grew by 136.52%%.

Data on historical trading for Autolus Therapeutics plc ADR (NASDAQ:AUTL) indicates that the trading volumes over the past 3 months, they’ve averaged 1.54 million. According to company’s latest data on outstanding shares, there are 174.10 million shares outstanding.

Nearly 9.38% of Autolus Therapeutics plc ADR’s shares belong to company insiders and institutional investors own 61.00% of the company’s shares. The stock has fallen by -34.63% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AUTL stock heading into the next quarter.

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