There’s No Need To Panic Or Freeze When It Comes To Fate Therapeutics Inc (NASDAQ: FATE)

After Hours

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. The stock was recently discussed on Yahoo Finance as it revealed that Fate Therapeutics Announces Pricing of $100 Million Underwritten Offering and Concurrent Private Placement.

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Stocks Info

The company is listed on the NASDAQ and operates within the Biotechnology industry segment. The current market capitalization of Fate Therapeutics Inc is $737.35M. A total of 1.99 million shares were traded on the day, compared to an average of 2.91M shares.

In the most recent transaction, Dulac Edward J III sold 2,447 shares of FATE for 7.77 per share on Mar 04 ’24. After the transaction, the Chief Financial Officer now owns 101,479 company shares. In a previous transaction on Jan 29 ’24, Dulac Edward J III sold 1,849 shares at 5.00 per share. FATE shares that Chief Financial Officer owns now total 103,926.

Among the insiders who sold shares, Wolchko J Scott disposed of 14,391 shares on Jan 09 ’24 at a per-share price of $4.37. This resulted in the President and CEO holding 371,248 shares of FATE after the transaction. In another insider transaction, Valamehr Bahram sold 11,271 shares at $4.38 per share on Jan 09 ’24. Company shares held by the Chief R&D Officer now total 158,069.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, FATE has a high of $8.83 and a low of $1.63.

As of this writing, FATE has an earnings estimate of -$0.49 per share for the current quarter. EPS was calculated based on a consensus of 17 estimates, with a high estimate of -$0.43 per share and a lower estimate of -$0.67. The company reported an EPS of -$0.46 in the last quarter, which was 19.30% higher than expectations of -$0.57.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. FATE’s latest balance sheet shows that the firm has $615.91M in Cash & Short Term Investments as of fiscal 2021. There were $114.82M in debt and $81.28M in liabilities at the time. Its Book Value Per Share was $3.74, while its Total Shareholder’s Equity was $678.84M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. 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 FATE is Buy with a score of 3.50.

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