30 F
New York
Thursday, January 28, 2021

The Last Few Sessions Have Arcturus Therapeutics Holdings Inc. (ARCT) Soaring

Must read

Artificial Intelligence Technology Solutions (OTCMKTS:AITX) Posts Major Gains on Breakout

The artificial intelligence industry has grown at a remarkable rate over the past half a decade or so and it is expected...

American Battery Metals Corp (OTCMKTS:ABML) Hitting Key Milestones

Over the course of the past week, American Battery Metals Corp (OTCMKTS:ABML) has been in focus among investors after the company announced...

American Green Inc (OTCMKTS:ERBB) Stock Gains Momentum on Amazon News

One of the more interesting operators in the cannabis space in 2020 is American Green Inc (OTCMKTS:ERBB), and this week, the company...

DSG Global Inc (OTCMKTS:DSGT) Hits Multi-Month High On Sudden Optimism

DSG Global Inc (OTCMKTS:DSGT) has been in the news over the past week or so after the company placed large orders through...

Arcturus Therapeutics Holdings Inc. (ARCT) shares are trading at higher $76.00 and the avg recommendation for the stock is Strong Buy, while the current analyst price target stands at $66.50.

To add more color to this target, the company’s high over the last year is $66.24 and the low is $8.51. Over the last 52 weeks, ARCT is up 612.28% while the S&P 500 is up 15.29%. The catalyst for this interesting swing was the company’s recent earnings report.

A Notable Earnings Report

In the last quarter, ARCT reported a profit of $12.36 million. Arcturus Therapeutics Holdings Inc. also saw revenues increase to $2.32 million. In addition, ARCT has free cash flow of -$20.96 million as of 06-2020. The company’s EBITDA came in at -$9.83 million which compares well with its peers.

ARCT Return on Equity (ROE) is -52.30%, and its Return on Assets is -33.20%. All told, it is clear that, ARCT needs to be on your watchlist.

Find out when ARCT reaches critical levels. Subscribe to OracleDispatch.com Right Now by entering your Email in the box below.

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. ARCT has a short ratio of 6.44 and outstanding shares of 22.94M.

Company Outlook

ARCT has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 0.75 million and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at -3.23. Arcturus Therapeutics Holdings Inc. ARCT also noted assets of $149.94 million at the end of the last quarter. Investors should also keep an eye on sector updates as ARCT has historically followed its peers on positive news.

All told, Arcturus Therapeutics Holdings Inc. ARCT has strung together solid data and demonstrated underlying fundamentals. At its current valuation, ARCT 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.

Arcturus Therapeutics Holdings Inc. ARCT is now commanding a market cap of 1.49B and a float of 18.92M. ARCT 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 ARCT 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 ARCT, either long or short, and we have not been compensated for this article.

Latest article

Bombardier, Inc. (OTCMKTS:BDRBF) Uptrend at Risk: In Focus

British company Bombardier, Inc. (OTCMKTS:BDRBF) came into sharp focus among investors last week after a significant development. Major Triggers

American Battery Metals Corp (OTCMKTS:ABML) Points up on Surge of Momentum

One of the stocks to have seen a lot of action last week was that of American Battery Metals Corp (OTCMKTS:ABML) and...

Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE) Attempts To Rebound On Bullish Note

While the remarkable rally in Bitcoin has led to breathless speculation about its long term price, the recent rally in Grayscale Ethereum...

Sunhydrogen Inc (OTCMKTS:HYSR) Continues to Trend Higher on High Demand

One of the sectors to have come into significant focus among investors in recent times is the hydrogen...

Artificial Intelligence Technology Solutions (OTCMKTS: AITX) Moves Up Quickly On Solid Volume

The artificial intelligence industry has grown at a remarkable pace over the past half a decade or so and over the coming...