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. Yahoo Finance discussed the stock recently as it posted Akebia Therapeutics Reports Fourth Quarter and Full Year 2023 Financial Results and Recent Business Highlights.
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Stocks Info
Akebia Therapeutics Inc. is listed on the NASDAQ in the Healthcare sector while operating in the Biotechnology industry. At the end of the last regular session, the stock closed at $2.21 and fluctuated between $2.3298 as its day high and $2.1484 as its day low. The current market capitalization of Akebia Therapeutics Inc. is $462.71M. A total of 8.42 million shares were traded on the day, compared to an average of 2.85M shares.
In the most recent transaction, Butler John P. sold 46,570 shares of AKBA for 1.58 per share on Feb 29 ’24. After the transaction, the CEO and President now owns 2,044,580 company shares. In a previous transaction on Feb 29 ’24, Dahan Michel sold 8,661 shares at 1.58 per share. AKBA shares that SVP, Chief Operating Officer owns now total 706,932.
Among the insiders who sold shares, Burke Steven Keith disposed of 7,169 shares on Feb 29 ’24 at a per-share price of $1.58. This resulted in the SVP, Chief Medical Officer holding 695,840 shares of AKBA after the transaction. In another insider transaction, Hadas Nicole R. sold 5,974 shares at $1.58 per share on Feb 29 ’24. Company shares held by the SVP, Chief Legal Officer now total 663,259.
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, AKBA has a high of $2.24 and a low of $0.49.
As of this writing, AKBA has an earnings estimate of -$0.09 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of -$0.07 per share and a lower estimate of -$0.11.
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. AKBA’s latest balance sheet shows that the firm has $149.80M in Cash & Short Term Investments as of fiscal 2021. There were $136.05M in debt and $261.05M in liabilities at the time. Its Book Value Per Share was -$0.16, while its Total Shareholder’s Equity was $74.01M.
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 AKBA is Buy with a score of 4.50.
