While Repare Therapeutics Inc has underperformed by -2.37%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, RPTX rose by 25.95%, with highs and lows ranging from $4.07 to $0.89, whereas the simple moving average jumped by 13.32% in the last 200 days.
On June 09, 2023, Stifel Upgraded Repare Therapeutics Inc (NASDAQ: RPTX) to Buy. A report published by Morgan Stanley on February 03, 2023, Downgraded its rating to ‘Equal-Weight’ for RPTX. CapitalOne also rated RPTX shares as ‘Overweight’, setting a target price of $28 on the company’s shares in an initiating report dated January 06, 2023. Goldman initiated its ‘Buy’ rating for RPTX, as published in its report on March 17, 2022. Stifel’s report from September 23, 2021 suggests a price prediction of $48 for RPTX shares, giving the stock a ‘Buy’ rating. H.C. Wainwright also rated the stock as ‘Buy’.
Analysis of Repare Therapeutics Inc (RPTX)
Repare Therapeutics Inc’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. The goal here is to ensure that your current return on equity of -49.78% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 10.71, 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.
The average volume for any stock is also a very valuable indicator of volatility, and RPTX has an average volume of 135.08K. On a monthly basis, the volatility of the stock is set at 4.41%, whereas on a weekly basis, it is put at 3.46%, with a loss of -2.37% over the past seven days. Furthermore, long-term investors anticipate a median target price of $3.00, showing growth from the present price of $1.65, which can serve as yet another indication of whether RPTX is worth investing in or should be passed over.
How Do You Analyze Repare Therapeutics Inc Shares?
In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. 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 27.90%. 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 37.23% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
