Currently, there are 70.15M common shares owned by the public and among those 63.53M shares have been available to trade.
Insiders at the company have transacted a total of 14 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 11 of these insider trades were purchases, accounting for 1,451,270 shares. Insider sales of the common stock occurred on 3 occasions, with total insider shares sold totaling 7,654 shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The company’s stock has a 5-day price change of -0.98% and 5.29% over the past three months. MRTX shares are trading -0.09% year to date (YTD), with the 12-month market performance up to 36.58% higher. It has a 12-month low price of $27.30 and touched a high of $64.41 over the same period. MRTX has an average intraday trading volume of 1.50 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -0.44%, 1.84%, and 29.39% respectively.
Institutional ownership of Mirati Therapeutics Inc (NASDAQ: MRTX) shares accounts for 108.32% of the company’s 70.15M shares outstanding.
It has a market capitalization of $4.12B and a beta (3y monthly) value of 0.57. The earnings-per-share (ttm) stands at -$12.22. Price movements for the stock have been influenced by the stock’s volatility, which stands at 0.64% over the week and 0.62% over the month.
Analysts forecast that Mirati Therapeutics Inc (MRTX) will achieve an EPS of -$2.62 for the current quarter, -$2.54 for the next quarter and -$9.12 for 2024. The lowest estimate earnings-per-share for the quarter is -$3.92 while analysts give the company a high EPS estimate of -$2.16. Comparatively, EPS for the current quarter was -$3.51 a year ago. Earnings per share for the fiscal year are expected to increase by 15.72%, and 17.96% over the next financial year.
Looking at the support for the MRTX, a number of firms have released research notes about the stock. Citigroup stated their Buy rating for the stock in a research note on August 10, 2023, with the firm’s price target at $51-$48.
