NuCana plc ADR (NASDAQ: NCNA): The Best-Of-Breed For Investing?

With over 0.45 million NuCana plc ADR (NCNA) shares trading Friday and a closing price of $0.25 on the day, the dollar volume was approximately $0.11 million. The shares have shown a negative half year performance of -67.92% and its price on 12/22/23 lost nearly -14.77%. Currently, there are 51.87M common shares owned by the public and among those 43.34M shares have been available to trade.

An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 3 analysts who have offered their price forecasts for NCNA have a consensus price objective of $3.99. The analysts have set the share’s price value over the next 12 months at a high of $4.79 and a low of $3.20. The average price target is 95.02% above its recent price level and an upside to the estimated low will see the stock gain 92.19% over that period. But an upside of 94.78% will see the stock hit the forecast high price target while median target price for the stock is $3.99.

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Shares of NuCana plc ADR (NASDAQ: NCNA) opened at $0.29, down -$0.01 from a prior closing price of $0.30. However, the script later moved the day high at 0.3100, down -14.77%. The company’s stock has a 5-day price change of -27.10% and -57.32% over the past three months. NCNA shares are trading -61.36% year to date (YTD), with the 12-month market performance down to -68.52% lower. It has a 12-month low price of $0.28 and touched a high of $1.75 over the same period. NCNA has an average intraday trading volume of 99.16K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -33.53%, -43.95%, and -64.50% respectively.

Institutional ownership of NuCana plc ADR (NASDAQ: NCNA) shares accounts for 9.71% of the company’s 51.87M shares outstanding.

It has a market capitalization of $13.33M and a beta (3y monthly) value of 0.89. The earnings-per-share (ttm) stands at -$0.82. Price movements for the stock have been influenced by the stock’s volatility, which stands at 19.55% over the week and 14.24% over the month.

Analysts forecast that NuCana plc ADR (NCNA) will achieve an EPS of -$0.13 for the current quarter, -$0.11 for the next quarter and -$0.32 for 2024. The lowest estimate earnings-per-share for the quarter is -$0.15 while analysts give the company a high EPS estimate of -$0.11. Comparatively, EPS for the current quarter was -$0.36 a year ago. Earnings per share for the fiscal year are expected to increase by 20.20%, and 40.15% over the next financial year.

If you are looking to buy this stock, then you may note that the average analyst recommendation by 3 brokerage firm advisors rate NuCana plc ADR (NCNA) as a “Strong Buy” at a consensus score of 1.67. Specifically, 2 Wall Street analysts polled rate the stock as a buy, while 1 of the 3 advise that investors “hold,” and 0 rated it as a “Sell.”

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