Renaissance Technologies LLC has recently announced that it has increased stake in Atreca Inc (NASDAQ:BCEL) by 8.33%. After grabbing 0.34 million shares, the institutional investor is now in possession of 26300.0 shares of the Healthcare Company. The new investment brought the stake of investor firm to 1.04% having worth around $75223.0. Moreover, Geode Capital Management LLC increased its share by 13943.0 to have a control over 0.26 million shares.
Atreca Inc (BCEL) concluded trading on 01/10/24 at a closing price of $0.11, with 1.17 million shares of worth about $0.13 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -89.26% during that period and on Wednesday the price saw a loss of about -6.87%. Currently the company’s common shares owned by public are about 32.35M shares, out of which, 29.30M shares are available for trading.
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According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 10 times over the past 12 months. They bought 108,750 shares in 3 of the transactions. In 7 selling transactions, insiders dumped 337,615 shares.
Vanguard Total Stock Market ETF, Vanguard Extended Market Index Fu, and Bridgeway Ultra Small Company Mar are the top 3 mutual funds which are holding stakes in Atreca Inc Vanguard Total Stock Market ETF is currently holding 0.91 million shares of worth totaling $0.2 million. The company recently came buying 0.0 shares which brought its stake up to 2.75% of the company’s outstanding shares. Bridgeway Ultra Small Company Mar, after buying 0.15 million shares, have now control over 0.46% of the stake in the company. It holds 0.0 shares of worth $33000.0.
Stock saw a price change of -13.35% in past 5 days and over the past one month there was a price change of -55.56%. Year-to-date (YTD), BCEL shares are showing a performance of -18.86% which decreased to -92.18% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.10 but also hit the highest price of $2.05 during that period. The average intraday trading volume for Atreca Inc shares is 2.50 million. The stock is currently trading -41.53% below its 20-day simple moving average (SMA20), while that difference is down -49.33% for SMA50 and it goes to -83.05% lower than SMA200.
Renaissance Technologies LLC acquired 0.34 million shares of Atreca Inc having value of about $75223.0. Data submitted at the U.S SEC by Renaissance Technologies LLC revealed that the firm now holds 26300.0 shares in the company valued at close to $2893.0, or have control over 8.33% stake in the company. Atreca Inc (NASDAQ: BCEL) currently have 32.35M outstanding shares and institutions hold larger chunk of about 25.19% of that. Holding of mutual funds in the company is about 24.72% while other institutional holders and individual stake holders have control over 5.60% and 14.65% of the stake respectively.
The stock has a current market capitalization of $4.24M and its 3Y-monthly beta is at 1.17. It has posted earnings per share of -$2.49 in the same period. It has Quick Ratio of 1.58 while making debt-to-equity ratio of 0.12. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BCEL, volatility over the week remained 10.69% while standing at 14.70% over the month.
Analysts are in expectations that Atreca Inc (BCEL) stock would likely to be making an EPS of -$0.39 in the current quarter, while forecast for next quarter EPS is -$0.22 and it is -$0.72 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.48 which is -$0.22 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$0.53 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 19.05% while it is estimated to increase by 57.84% in next year.
Analysts at 2 brokerage firms have issued recommendations for the Atreca Inc (BCEL)’s stock and average of those rates the stock at a “Strong Buy” and assign it a score of 1.00. Out of those 2 Wall Street analysts, 2 recommended a “Buy” rating, while 0 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Robert W. Baird on June 04, 2021 offering an Outperform rating for the stock and assigned a target price range of between $30 and $27 to it.
