While OnKure Therapeutics Inc has underperformed by -1.73%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, OKUR fell by -75.68%, with highs and lows ranging from $77.60 to $9.80, whereas the simple moving average fell by -9.20% in the last 200 days.
On October 10, 2024, Oppenheimer started tracking OnKure Therapeutics Inc (NASDAQ: OKUR) recommending Outperform. A report published by Leerink Partners on December 15, 2023, Downgraded its rating to ‘Market Perform’ for OKUR. H.C. Wainwright December 15, 2023d the rating to Neutral on December 15, 2023, and set its price target from $30 to $1.50. William Blair December 14, 2023d its ‘Outperform’ rating to ‘Mkt Perform’ for OKUR, as published in its report on December 14, 2023. Robert W. Baird’s report from December 14, 2023 suggests a price prediction of $3 for OKUR shares, giving the stock a ‘Neutral’ rating. Piper Sandler also rated the stock as ‘Neutral’.
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Analysis of OnKure Therapeutics Inc (OKUR)
OnKure 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 -54.00% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 57.86, 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 OKUR has an average volume of 47.66K. On a monthly basis, the volatility of the stock is set at 6.86%, whereas on a weekly basis, it is put at 6.44%, with a loss of -7.75% over the past seven days. Furthermore, long-term investors anticipate a median target price of $35.33, showing growth from the present price of $14.76, which can serve as yet another indication of whether OKUR is worth investing in or should be passed over.
How Do You Analyze OnKure 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 27.12%. 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 137.13% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
OKUR shares are owned by institutional investors to the tune of 137.13% at present.
