While uniQure N.V. has overperformed by 0.95%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, QURE fell by -68.20%, with highs and lows ranging from $22.48 to $5.19, whereas the simple moving average fell by -32.28% in the last 200 days.
On December 19, 2023, Mizuho Downgraded uniQure N.V. (NASDAQ: QURE) to Neutral. A report published by UBS on March 17, 2022, Upgraded its rating to ‘Buy’ for QURE. BTIG Research also rated QURE shares as ‘Buy’, setting a target price of $46 on the company’s shares in an initiating report dated June 15, 2021. UBS Initiated an Neutral rating on May 21, 2021, and assigned a price target of $40. Credit Suisse initiated its ‘Outperform’ rating for QURE, as published in its report on April 26, 2021. Mizuho’s report from April 01, 2021 suggests a price prediction of $52 for QURE shares, giving the stock a ‘Buy’ rating. Guggenheim also rated the stock as ‘Buy’.
Analysis of uniQure N.V. (QURE)
Further, the quarter-over-quarter decrease in sales is -2.90%, showing a negative trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of uniQure N.V.’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of -66.23% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 9.88, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
As an indicator of volatility for any stock, average volume can also be very valuable, and QURE is recording an average volume of 1.10M. On a monthly basis, the volatility of the stock is set at 5.73%, whereas on a weekly basis, it is put at 4.84%, with a gain of 9.06% over the past seven days. Furthermore, long-term investors anticipate a median target price of $24.00, showing growth from the present price of $6.38, which can serve as yet another indication of whether QURE is worth investing in or should be passed over.
How Do You Analyze uniQure N.V. Shares?
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 9.59%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 79.37% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
QURE shares are owned by institutional investors to the tune of 79.37% at present.
