uniQure N.V. (NASDAQ: QURE): Think Like A Lender, Not An Investor

uniQure N.V. (NASDAQ:QURE) currently has a daily average trading volume of 2.84M but it saw 1361700 shares traded in last market. With a market cap of 416.07M USD, the company’s current market price of $8.57 came rising about 6.06 while comparing to the previous closing price of $8.08. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.35 and as low as $3.73.

Taking a look at 20-day trading activity of uniQure N.V. (QURE) gives us an average price of $6.90, while its current price level is -24.49% below from 52-week high level whereas it is 129.76% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $5.72 while that of 200 days or SMA-200 reads an average of $5.85. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.47% during that period while stretching the period over a month that increases to 13.67%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 64.59 which implies that the stock is in neutral territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Goldman which downgraded the stock as “Neutral” in its note to investors issued on February 29, 2024, recommending a price target of $8 for it. Mizuho downgraded its recommendation for the stock as a “Neutral” from “Buy” on December 19, 2023 while assigning a price target range of $52-$10. UBS issued its recommendations for the stock as it upgraded the price target for the stock is $40.

Over the week, QURE’s stock price is moving 9.87% up while it is 92.15% when we observe its performance for the past one month. Year-to-date it is 26.59% up and over the past year, the stock is showing a downside performance of -9.88%.

Currently, uniQure N.V.’s total number of outstanding shares is 47.83M. Company’s return on investment (ROI) stands at -43.58% and return on equity (ROE) at -106.11%. Stock’s beta reads 0.87. Stock has a price to book (P/B) ratio of 2.83 while price to sale or P/S ratio amounts to 21.90. Its return on asset (ROA) is -42.38% on average.