Septerna Inc (NASDAQ:SEPN) price on Friday, May 23, fall -3.06% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $9.19.
A look at the stock’s price movement, the close in the last trading session was $9.48. Turning to its 52-week performance, $28.99 and $4.17 were the 52-week high and 52-week low respectively. Overall, SEPN moved 42.26% over the past month.
Septerna Inc’s market cap currently stands at around $409.49 million, with investors looking forward to this quarter’s earnings report slated for in June.
Wall Street analysts have also projected the company’s year-on-year revenue to grow to 137.35M, representing a 12,676.74% jump on that reported in the last financial year.
SEPN’s current price about 14.33% and 35.59% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 60.74, while 7-day volatility ratio is 4.51% and 10.44% in the 30-day chart. Further, Septerna Inc (SEPN) has a beta value of 0, and an average true range (ATR) of 0.86. Analysts have given the company’s stock an average 52-week price target of $18, forecast between a low of $18 and high of $18. Looking at the price targets, the low is -95.87% off current price level while to achieve the yearly target high, price needs to move -95.87%. Nonetheless, investors will most likely welcome a -95.87% jump to $18 which is the analysts’ median price.
If we refocus on Septerna Inc (NASDAQ:SEPN), historical trading data shows that trading volumes averaged 1.03 million over the past 3 months. The company’s latest data on shares outstanding shows there are 44.45 million shares.
The 38.72% of Septerna Inc’s shares are in the hands of company insiders while institutional holders own 69.82% of the company’s shares. Current price change has pushed the stock -59.87% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the SEPN stock continues to rise going into the next quarter.
