HOOKIPA Pharma Inc. (HOOK) Stock: Why It’s Falling

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HOOKIPA Pharma Inc. (HOOK) is making a move down in the market in today’s trading session. The company, one that is focused on the biotechnology industry, is presently trading at $7.42 after a move down of -5.12% so far today. When it comes to biotechnology stocks, there are quite a few factors that have the potential to generate declines in the market. News tends to be one of the biggest reasons for the movement. Here are the recent headlines surrounding HOOK:

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Aug-29-19 08:30AM HOOKIPA Pharma to Present at Upcoming Investor Conferences in September
Aug-12-19 04:01PM HOOKIPA Pharma Reports Second Quarter 2019 Financial Results and Clinical Progress Highlights
Jul-19-19 01:37PM What Kind Of Shareholders Own HOOKIPA Pharma Inc. (NASDAQ:HOOK)?
Jul-17-19 10:06AM Biotech Stock Roundup: Galapagos & Hookipa Surge, AMGN Shelves Alzheimer’s Study
Jul-12-19 07:58AM Dow Jones Futures: Illumina, Profitable Marijuana Stock Tumble; Amgen-Novartis Alzheimer’s Drug Fails

However, when making a decision with regard to investing, investors should take a look at much more than news, this is especially the case in the generally speculative biotech industry. Here’s what’s going on with HOOKIPA Pharma Inc..

The Performance That We’ve Seen From HOOK

Although a move down on a single session, like what we’re seeing from HOOKIPA Pharma Inc. might cause fear in some investors, a single session decline by itself shouldn’t be the basis of a decision to, or not to, invest in a company. It’s always smart to look at trends experienced by the stock for a period longer than a single session. As it relates to HOOK, here are the returns that we have seen:

  • Past Seven Days – In the last seven days, HOOK has generated a price change that amounts to -11.88%.
  • Monthly – The monthly ROI from HOOKIPA Pharma Inc. comes to 5.85%.
  • Past Quarter – Over the past three months, the company has produced a ROI of -15.68%
  • Past 6 Months – Throughout the last six months, investors have seen a performance that amounts to 0 from the stock.
  • Year To Date – Since the open of this year HOOK has produced a return on investment of -47.00%.
  • Annually – Finally, in the last year, investors have seen a change amounting to 0 out of HOOK. In this period of time, the stock has sold at a high of -49.73% and a low price of 22.44%.

Ratios That Are Notable

Digging into various ratios having to do with a stock generally gives prospective investors an understanding of just how risky and/or potentially profitable a an investment option may be. Here are some of the key ratios to consider when digging into HOOK.

Short Ratio – The short ratio is a measure of short interest. As the ratio goes higher, it shows that more investors believe that the value of the stock is going to go down. Throughout the sector, biotech stocks can have a higher short ratio. On the other hand, we also see a lot of short squeezes in the industry. Nonetheless, as it relates to HOOKIPA Pharma Inc., the stock’s short ratio comes to 1.30.

Quick & Current Ratios – The quick and current ratios are tools that are used to get an idea of the company’s liquidity. Basically, they measure whether or not a company can pay for its debts when they mature based on current assets or quick assets. Because many biotech several companies are reliant on continued investor support, the current and quick ratios can seem damning. Nonetheless, some good picks in the biotech sector do have positive current and quick ratios. As far as HOOK, the quick and current ratios add up to 8.70 and 8.70 respectively.  

Book To Share Value – The book to share value compares the the price of shares to the book value of assets owned by the company. as it relates to HOOKIPA Pharma Inc., the book to share value ratio comes in at 7.07.

Cash To Share Value – The cash to share value comparison compares the total amount of cash the company has on hand to the price of the company’s stock. Several early stage biotechnology companies struggle to keep cash on hand. So, if you’re looking into a biotechnology stock, this is a very important ratio to consider. In this case, the cash to share value ratio is 5.21.

What Analysts Say About HOOKIPA Pharma Inc.

Although it’s rarely a smart idea to avoid doing your DD and blindly following the opinions of analysts, it is a good idea to use their analysis when validating your own due diligence before making an investment decision in the biotech space. Here are the most recent moves that we’ve seen from analysts with regard to HOOK.

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May-13-19 Initiated RBC Capital Mkts Outperform $23
May-13-19 Initiated BofA/Merrill Buy $17

Big Money And HOOKIPA Pharma Inc.

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in HOOK, here’s what we’re seeing:

  • Institutional Investors – At the moment, institutions hold 48.80% of HOOK. Nonetheless, it’s important to note that institutional ownership has seen a move in the amount of 478.16% throughout the last quarter.
  • Insider Moves – When it comes to insiders, insiders of the company currently own 0.90% of HOOKIPA Pharma Inc.. Insider ownership of the company has changed by 0 in the past 3 months.

A Look At Share Counts

Traders seem to be interested in the counts of shares both available and outstanding. With respect to HOOKIPA Pharma Inc., there are currently 25.87M with a float of 18.39M. This means that out of the total of 25.87M shares of HOOK currently in existence today, 18.39M are available to be traded on the public market.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to HOOK, the short percent of the float is 0.84%.

What We’ve Seen In earnings results

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $-1.92. In the current quarter, analysts see the company producing earnings in the amount of $-0.51. Over the last 5 years, HOOK has generated revenue in the amount of $0 with earnings coming in at 0. On a quarter over quarter basis, earnings have seen movement of 0 and revenue has seen movement of 524.20%.

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