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Friday, September 25, 2020

The Rejuvenation of Atreca Inc. (NASDAQ:BCEL)

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The Atreca Inc. (BCEL) shares are trading at lower $14.89 and the avg recommendation for the stock is Strong Buy. while the current analyst price target stands at $30.38.

To add more color to this target, the company’s high over the last year is $29.35 and the low is $9.51. Over the last 52 weeks, BCEL is down -49.27% while the S&P 500 is down -0.33%. The catalyst for this interesting swing was the company’s recent earnings report.

A Notable Earnings Report

In the last quarter, BCEL reported a profit of $1000.0. Atreca Inc. also saw revenues increase to $21.33 million. In addition, BCEL has free cash flow of -$18.44 million as of 03-2020. The company’s EBITDA came in at -$20.79 million which compares well with its peers.

BCEL Return on Equity (ROE) is -38.10%, and its Return on Assets is -36.50%. All told, it is clear that, BCEL needs to be on your watchlist.

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Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. BCEL has a short ratio of 12.39 and outstanding shares of 28.02M.

Company Outlook

BCEL has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 0.14 million and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at -2.68. Atreca Inc. BCEL also noted assets of $178.97 million at the end of the last quarter. Investors should also keep an eye on sector updates as BCEL has historically followed its peers on positive news.

All told, Atreca Inc. BCEL has strung together solid data and demonstrated underlying fundamentals. At its current valuation, BCEL represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.

Atreca Inc. BCEL is now commanding a market cap of 322.96M and a float of 14.86M. BCEL is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of BCEL stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!

Disclosure: we hold no position in BCEL, either long or short, and we have not been compensated for this article.

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