Natera Inc. (NASDAQ:NTRA) went up by 4.53% during the previous trading session, and it is maintaining the win ahead of Tuesday’s trading session. The share price of the Diagnostics & Research giant went up by $49.86 to trade ended Tuesday trading at $47.70. This is up from the $47.7 price recorded on Monday’s trading session. Thanks to this latest performance, NTRA is closer to the higher price 52-week target of $63.00 and further from the lowest price target of $42.00. Its performance from the start of the year has also been positive, with NTRA up by 48.00% year-to-date.
Natera Inc. (NTRA) started the day trading at $48 and recorded an intraday high of $49.97. It also recorded an intraday low of $47.65 during Tuesday’s trading session. Natera Inc. is a very active stock that recorded a trading volume that is less than -13.73% of the average daily trading volume on Tuesday. The stock’s trading volume on Tuesday was 905664, which is less than -13.73 of the total average daily trading volume of 1.03 million.
Natera Inc. (NASDAQ:NTRA) 2020 Performance Impressive
The increase in NTRA’s stock price on Tuesday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of NTRA currently stands at $49.22, which is lower than the current trading price of the stock by -1.3%. However, NTRA’s current trading price is -195.55% lower than the 52-week low price of $16.87. In terms of trading volume, Natera Inc. currently experienced healthy participation during the last trading session. 905664 shares of Natera Inc. were traded on the stock exchange on Tuesday, which is less than -13.73% of the 1.03 million average trading volume of the stock.
The performance of the stock has been positive over the past year. NTRA’s performance over the past one year has seen it surge by 84.67%, while the stock has gone up by 48.70% in the last six months. The quarterly performance of NTRA currently stands at 66.98%, and it is up by 14.67% in the last month. The only positive figure was from the weekly performance, which currently reads 6.93%. At the time of writing NTRA’s report, the company has a total market cap of $4.06B, making it one of the largest publicly-traded companies in the world.Natera Inc. also has over 1039 employees all over the world.
NTRA Insider Activities
For Natera Inc., insiders hold 96.40% of all company shares. The insider transactions over the past six months are up by 6.10%. During that period, insiders bought 574,076 shares in 70 transactions. In that same period, insiders sold 533,440 of their shares in 66 transactions. After these transactions, insiders at Natera Inc. now hold 3.24M shares, which is over 93.24% of the total company stocks. Institutional investors currently hold a large chunk of the NTRA shares, as they control 4.11% of the company’s total stock.
NTRA Fundamental Analysis
For Natera Inc., the stock’s diluted earnings per share (EPS) stands at -1.72. In the coming year, analysts expect the EPS to be -1.92.
The Return on Investment (ROI) on Natera Inc.’s stock currently stands at -29.40%, and it has a net profit margin of -38.30%. The operating margin of the company is -36.20%, and its gross margin is 46.20%.
NTRA Analysts Prediction
In June 10, 2020, several analysts reiterated their positions on the Natera Inc. stock and predicted its performance to their investors. The analysts at Piper Sandler believe NTRA is still a Overweight and set the price target between $56 and $63. The JP Morgan also has a Overweight rating for Natera Inc., predicting the stock price to stay between $32 and $45. Piper Jaffray reiterate their Overweight position on the stock ($18 and $21) and Morgan Stanley reiterate their Overweight position on the stock ($18 and $13).
Analysts at The Benchmark Company believe that NTRA is Buy, and they have a price target of between $16 and $20. The Benchmark Company and The Benchmark Company also believe that Natera Inc.’s stock is outperforming at the moment. NTRA received a positive rating from The Benchmark Company, which set a price target of $15-$16 for the stock.
At the moment, Natera Inc.’s Total Debt to Equity ratio stands at 0.48, and they have a long-term Debt to Equity ratio of 0.28.
NTRA Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of NTRA currently stands at 13.19%, while the SMA50 is 17.90%. The biggest one is the SMA200, which is currently reading 36.38% ahead of Tuesday’s trading session. The Relative Strength Index of this stock is 67.67.