Akero Therapeutics Inc (AKRO) Is Not Likely To Be The Same Tomorrow

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Recently, Yahoo Finance discussed the stock, revealing that Akero Therapeutics to Present at the 42nd Annual J.P. Morgan Healthcare Conference.

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Stocks Info

Akero Therapeutics Inc is listed on the NASDAQ in the Healthcare sector while operating in the Biotechnology industry. The current market capitalization of Akero Therapeutics Inc is $1.25B. A total of 0.52 million shares were traded on the day, compared to an average of 1.17M shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, AKRO has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 21 BUYs and 56 SELLs from insiders. Insiders purchased 479,735 shares during that period but sold 446,727.

In the most recent transaction, Young Jonathan sold 5,414 shares of AKRO for 24.00 per share on Dec 27. After the transaction, the Chief Operating Officer now owns 185,131 company shares. In a previous transaction on Dec 14, Cheng Andrew sold 1,628 shares at 20.76 per share. AKRO shares that President and CEO owns now total 550,911.

Among the insiders who sold shares, White William Richard disposed of 611 shares on Dec 14 at a per-share price of $20.76. This resulted in the Chief Financial Officer holding 50,354 shares of AKRO after the transaction. In another insider transaction, Yale Catriona sold 597 shares at $20.76 per share on Dec 14. Company shares held by the Chief Development Officer now total 77,910.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, AKRO has a high of $58.38 and a low of $11.25.

As of this writing, AKRO has an earnings estimate of -$0.86 per share for the current quarter. EPS was calculated based on a consensus of 8 estimates, with a high estimate of -$0.67 per share and a lower estimate of -$1.09. The company reported an EPS of -$0.6 in the last quarter, which was 4.80% higher than expectations of -$0.63.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. AKRO’s latest balance sheet shows that the firm has $188.26M in Cash & Short Term Investments as of fiscal 2021. There were $1.52M in debt and $25.13M in liabilities at the time. Its Book Value Per Share was $10.47, while its Total Shareholder’s Equity was $169.11M.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AKRO is Buy with a score of 5.00.

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