The stock of Intellia Therapeutics Inc (NASDAQ:NTLA) last traded at $13.80, up 5.18% from the previous session.
NTLA stock price is now -23.85% away from the 50-day moving average and -40.28% away from the 200-day moving average. The market capitalization of the company currently stands at $1.41B.
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With the price target reduced from $136 to $32, Goldman Downgraded its rating from Buy to Neutral for Intellia Therapeutics Inc (NASDAQ: NTLA). , while ‘Canaccord Genuity’ rates the stock as ‘Buy’
In other news, Dube Michael P, VP, Chief Accounting Officer sold 2,012 shares of the company’s stock on Oct 02 ’24. The stock was sold for $38,248 at an average price of $19.01. Upon completion of the transaction, the VP, Chief Accounting Officer now directly owns 47,012 shares in the company, valued at $0.65 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 01 ’24, EVP, Chief Technical Officer Clark Eliana sold 405 shares of the business’s stock. A total of $9,287 was realized by selling the stock at an average price of $22.93. This leaves the insider owning 71,470 shares of the company worth $0.99 million. A total of 1.72% of the company’s stock is owned by insiders.
During the past 12 months, Intellia Therapeutics Inc has had a low of $12.82 and a high of $34.87. As of last week, the company has a debt-to-equity ratio of 0.11, a current ratio of 6.73, and a quick ratio of 6.73. The fifty day moving average price for NTLA is $18.2599 and a two-hundred day moving average price translates $23.170176 for the stock.
The latest earnings results from Intellia Therapeutics Inc (NASDAQ: NTLA) was released for 2024-09-30. The net profit margin was -1212.19% and return on equity was -52.23% for NTLA. The company reported revenue of $9.11 million for the quarter, compared to $11.99 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -24.02 percent.
