After Hours
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. The stock was recently discussed on Yahoo Finance as it revealed that Akero Therapeutics to Present at the 42nd Annual J.P. Morgan Healthcare Conference.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Stocks Info
This NASDAQ-listed company operates within the Biotechnology industry segment, falling under the Healthcare sector. At the end of the last regular session, the stock closed at $23.90 and fluctuated between $25.41 as its day high and $23.11 as its day low. The current market capitalization of Akero Therapeutics Inc is $1.33B. A total of 1.3 million shares were traded on the day, compared to an average of 1.09M shares.
Insider Activity
Insider trades can also provide insight into a stock’s future direction. 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 20 BUYs and 53 SELLs from insiders. Insiders purchased 454,735 shares during that period but sold 421,727.
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.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for AKRO in the last 3 months, the mean price target is $42.88 with high estimates of $60.00 and low estimates of $33.00. 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
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. 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
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside 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 AKRO is Buy with a score of 5.00.
