Is Arrowhead Pharmaceuticals Inc. (NASDAQ: ARWR) Still On The Rise?

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. Yahoo Finance discussed the stock recently as it posted Arrowhead Pharmaceuticals Initiates Phase 1/2a Study of ARO-DM1 for Treatment of Type 1 Myotonic Dystrophy.

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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 $28.23 and fluctuated between $29.93 as its day high and $28.12 as its day low. The current market capitalization of Arrowhead Pharmaceuticals Inc. is $3.50B. A total of 1.1 million shares were traded on the day, compared to an average of 1.65M shares.

In the most recent transaction, Lu Hongbo bought 1,000 shares of ARWR for 27.50 per share on Mar 20 ’24. After the transaction, the Director now owns 33,680 company shares. In a previous transaction on Mar 19 ’24, Lu Hongbo bought 1,000 shares at 28.00 per share. ARWR shares that Director owns now total 32,680.

Among the insiders who bought shares, Lu Hongbo acquired of 1,000 shares on Mar 18 ’24 at a per-share price of $27.49. This resulted in the Director holding 31,680 shares of ARWR after the transaction. In another insider transaction, Myszkowski Kenneth Allen sold 40,000 shares at $35.19 per share on Mar 06 ’24. Company shares held by the Chief Financial Officer now total 400,600.

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. In terms of 52-week highs and lows, ARWR has a high of $42.48 and a low of $20.67.

As of this writing, ARWR has an earnings estimate of -$0.16 per share for the current quarter. EPS was calculated based on a consensus of 12 estimates, with a high estimate of $3.27 per share and a lower estimate of -$0.95. The company reported an EPS of -$1.02 in the last quarter, which was -70.00% lower than expectations of -$0.6.

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. ARWR’s latest balance sheet shows that the firm has $367.79M in Cash & Short Term Investments as of fiscal 2021. There were $25.55M in debt and $146.54M in liabilities at the time. Its Book Value Per Share was $1.49, while its Total Shareholder’s Equity was $408.82M.

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 ARWR is Buy with a score of 4.31.

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