Intec Pharma Ltd. (NASDAQ:NTEC) does about 10.36M shares in volume on a normal day but saw 4415678 shares change hands in Friday trading. The company now has a market cap of 23.02M USD and an enterprise value of about $11.65M. Its current market price is $0.29, marking a decrease of -5.57% compared to the previous close of $0.31. The 52 week high reached by this stock is $1.56 whilst the lowest price level in 52 weeks is $0.13. The script in recent trading has seen the stock touch a high of $0.3076 and a low of $0.278.
Intec Pharma Ltd. (NTEC) has a 20-day trading average at $0.3887 and the current price is -81.31% off the 52-week high compared with 120.15% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.3580 and its 200-day simple moving average is $0.3609. If we look at the stock’s price movements over the week, volatility stands at 9.20%, which increases to 11.59% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 35.95 to suggest the stock is neutral.
3 analysts observing the Intec Pharma Ltd. (NTEC) stock have set the 12-month price targets for the company’s shares at between $0.50 and $0.50. The median price target is 42.0% away from the current levels at $0.50.
FactSet Research has provided data showing that 3 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 0 analysts have rated it as a buy and 3 have advised that investors hold their positions. The consensus recommendation rating is Hold and Wall Street’s advice is for investors to Hold the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on October 11, 2019 when ROTH Capital downgraded the stock to “Neutral” and issued a price target of between $10 and $1.
The current price level is -26.46%, -18.85%, and -19.66% away from its SMA20, SMA50, and SMA200 respectively, with the NTEC price moving above the 50-day SMA on August 21. Intec Pharma Ltd. (NTEC) stock is down -21.22% over the week and -34.61% over the past month. Its price is -41.70% year-to-date and -34.82% over the past year.
The stock last released its quarterly earnings report for quarter ended 6/29/2020, with the company’s earnings per share (EPS) of -$0.05 below consensus estimates by $0. The company’s next earnings report is expected on 11/11/2020, with forecasts estimating quarterly EPS at -$0.04 and -$0.21 for whole year. NTEC’s earnings per share are forecast to grow by 85.10% this year and 28.60% over next year.
Its 12-month price target is $0.50. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $0.50, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $0.50.
Outstanding shares total 78.96M with insiders holding 10.19% of the shares and institutional holders owning 17.02% of the company’s common stock. Price to book ratio is 1.25.