While Kura Oncology Inc has underperformed by -1.07%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, KURA fell by -67.65%, with highs and lows ranging from $23.48 to $5.41, whereas the simple moving average fell by -50.28% in the last 200 days.
On February 06, 2025, BTIG Research Downgraded Kura Oncology Inc (NASDAQ: KURA) to Neutral. A report published by UBS on October 24, 2024, Initiated its previous ‘Buy’ rating for KURA. Stifel also Downgraded KURA shares as ‘Hold’, setting a target price of $19 on the company’s shares in a report dated October 14, 2024. Mizuho Initiated an Buy rating on December 22, 2023, and assigned a price target of $26. BofA Securities initiated its ‘Buy’ rating for KURA, as published in its report on August 11, 2023. Scotiabank’s report from July 27, 2023 suggests a price prediction of $10.50 for KURA shares, giving the stock a ‘Sector Perform’ rating. BTIG Research also rated the stock as ‘Buy’.
Analysis of Kura Oncology Inc (KURA)
In order to gain a clear picture of Kura Oncology Inc’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of -42.91% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 9.46, 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.
An average volume of 1.47M can be a very valuable indicator of volatility for KURA stock. On a monthly basis, the volatility of the stock is set at 5.74%, whereas on a weekly basis, it is put at 3.34%, with a gain of 0.93% over the past seven days. Furthermore, long-term investors anticipate a median target price of $26.25, showing growth from the present price of $6.49, which can serve as yet another indication of whether KURA is worth investing in or should be passed over.
How Do You Analyze Kura Oncology Inc Shares?
In addition to the fundamentals, you should also consider how many employees own shares in the company. 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 6.68%. 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 95.92% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
KURA shares are owned by institutional investors to the tune of 95.92% at present.