After Hours
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. Most recently, Yahoo Finance reported about the stock as it publicized that NanoString’s CosMx SMI Achieves Whole Transcriptome Imaging at Single-Cell Resolution.
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Stocks Info
NSTG belongs to the Healthcare sector of the NASDAQ while operating in the Medical Instruments & Supplies industry. The current market capitalization of Nanostring Technologies Inc is $21.03M. A total of 0.61 million shares were traded on the day, compared to an average of 1.80M shares.
Insider Activity
Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, NSTG 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 34 BUYs and 12 SELLs from insiders. Insiders purchased 348,517 shares during that period but sold 43,226.
In the most recent transaction, Bailey K Thomas bought 15,000 shares of NSTG for 5.76 per share on May 26. After the transaction, the Chief Financial Officer now owns 75,388 company shares. In a previous transaction on May 25, GRAY R BRADLEY bought 30,000 shares at 5.80 per share. NSTG shares that President and CEO owns now total 338,395.
Among the insiders who bought shares, YOUNG WILLIAM acquired of 35,400 shares on May 24 at a per-share price of $5.69. This resulted in the Director holding 46,700 shares of NSTG after the transaction. In another insider transaction, WAITE CHARLES P JR bought 12,000 shares at $8.35 per share on Mar 13. Company shares held by the Director now total 23,300.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for NSTG in the last 3 months, the mean price target is $4.19 with high estimates of $15.00 and low estimates of $0.75. In terms of 52-week highs and lows, NSTG has a high of $13.20 and a low of $0.36.
As of this writing, NSTG has an earnings estimate of -$0.63 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of -$0.4 per share and a lower estimate of -$1.23. The company reported an EPS of -$0.92 in the last quarter, which was -37.30% lower than expectations of -$0.67.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. NSTG’s latest balance sheet shows that the firm has $348.89M in Cash & Short Term Investments as of fiscal 2021. There were $251.73M in debt and $52.16M in liabilities at the time. Its Book Value Per Share was -$1.05, while its Total Shareholder’s Equity was $176.96M.
Analysts Opinion
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. 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 NSTG is Buy with a score of 3.86.
