NuCana plc (NCNA) Stock: Is This Biotechnology Stock Worth Your Time?

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NuCana plc (NCNA) is headed down in the market today. The stock, focused on the biotechnology industry, is presently trading at $7.11 after falling -5.20% so far in today’s session. As it relates to biotech stocks, there are several aspects that have the potential to lead to movement in the market. News is one of the most common reasons for movement. Here are the most recent stories surrounding NCNA:

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Oct-29-19 07:00AM NuCana Presents Data at AACR-NCI-EORTC International Conference on Molecular Targets and Cancer Therapeutics
Oct-25-19 07:00AM NuCana Announces FDA Clearance to Commence Phase III Study of Acelarin (NUC-1031) for the First-Line Treatment of Patients with Biliary Tract Cancer
Oct-17-19 11:24AM Lilly’s Pancreatic Cancer Candidate Fails in Phase III Study
Oct-16-19 12:15PM Novavax Begins Phase III Study on Influenza Vaccine Candidate
Sep-20-19 11:12AM What Percentage Of NuCana plc (NASDAQ:NCNA) Shares Do Insiders Own?

However, any time investors are making a decision with regard to investing, investors should focus on much more than just news, especially in the generally speculative biotechnology space. Here’s what’s happening with NuCana plc.

Recent Movement From NCNA

While a single session decline, like what we’re seeing from NuCana plc might cause fear in some investors, a single session decline alone shouldn’t be the reason for a decision to, or not to, invest in a stock. It’s always smart to take a look at trends just a single trading day. When it comes to NCNA, below are the returns that investors have experienced:

  • Past 5 Trading Sessions – In the past seven days, NCNA has seen a price change amounting to 1.57%.
  • Monthly – The performance from NuCana plc over the past 30 days works out to -1.80%.
  • Past 3 Months – Throughout the past three months, the stock has produced a return on investment that comes to -17.42%
  • Past Six Months – In the last 6 months, we have seen a performance of -52.60% from the stock.
  • YTD – Since the open of this year NCNA has generated a return on investment of -50.97%.
  • Full Year – Lastly, over the past full year, we have seen performance that comes to -56.46% out of NCNA. In this period of time, the stock has sold at a high of -64.59% and a low price of 77.31%.

Rations That Investors Should Think About

Digging into various key ratios having to do with a company generally gives investors a look of how risky and/or rewarding a an investment option might be. Below are a few of the key ratios to look at when digging into NCNA.

Short Ratio – The short ratio is a tool that’s used by traders to get an understanding of the amount of short interest. The higher this ratio, the more investors have a belief that the stock is headed for declines. Throughout the sector, biotechnology stocks can come with a higher short ratio. On the other hand, we tend to see quite a few short squeezes in the sector. Nonetheless, with regard to NuCana plc, it’s short ratio clocks in at 24.57.

Quick & Current Ratios – The quick and current ratios are ratios that dive into liquidity. Basically, they measure the company’s abilities to pay its debts when they mature using current assets or quick assets. In the biotech space, companies rely heavily on continued support from investors, these ratios can look upsetting. Nonetheless, several good picks in the biotech sector come with positive quick and current ratios. When it comes to NCNA, the quick and current ratios total up to 15.00 and 15.00 respectively.  

Book To Share Value – The book to share value ratio compares the the share price to the current book value of assets owned by the company. as it relates to NuCana plc, that ratio works out to 3.13.

Cash To Share Value – The cash to share value comparison compares the amount of cash the company has on hand to the price of shares. Several clinical stage biotech companies struggle to keep cash on hand. So, when investing in the biotechnology space, this is an important ratio to consider. In this case, the cash to share value works out to 2.79.

How Analysts Feel About NuCana plc

While it’s not a smart idea to unknowingly follow the thoughts of analysts, it is a good idea to use their opinions in order to validate your own when it comes to making investment decisions in the biotech sector. Here are the most recent moves that we have seen from analysts when it comes to NCNA.

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Aug-19-19 Initiated H.C. Wainwright Buy $20
Oct-19-18 Initiated Piper Jaffray Overweight
Oct-23-17 Initiated William Blair Outperform
Oct-23-17 Initiated Jefferies Buy $25
Oct-23-17 Initiated Citigroup Buy $23

Is Big Money Interested In NuCana plc

An interesting fact I’ve come to understand so far in my brief period alive, or somewhat alive is that good investors tend to follow big money players. Usually, investors that are looking to keep their investments relatively safe will watch moves made by institutional investors as well as those on the inside. With that said, where is the big money when it comes to NCNA? Here’s what’s happening:

Institutions own 34.60% of the company. Institutional interest has moved by -5.68% over the past three months. When it comes to insiders, those who are close to the company currently own 15.36% percent of NCNA shares. Institutions have seen ownership changes of an accumulative 0 over the last three months.

How Many Shares Of NCNA Are Available?

Investors and traders tend to have a heavy interest in the amounts of shares both outstanding and available. As far as NuCana plc, there are currently 32.23M with a float of 12.88M. This means that of the total of 32.23M shares of NCNA currently in existence today, 12.88M are available to be traded in the public realm.

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 NCNA, the short percent of the float is 17.45%.

What We’ve Seen In earnings results

What have ween seen from NCNA in terms of financial results?Here’s the data:

  • Analyst Expectations – As it stands, Wall St. analysts expect that NCNA will create earnings per diluted share that totals up to be -1.32, with -0.29 being announced in the next financial report. Although this information is not earnings driven, since we’re talking about analysts, NCNA is currently graded as a 1.50 when rated on a scale from 1 to 5 on which 1 is the worst average Wall Street analyst grade and 5 is the best.
  • 5-Year Sales – Over the last half decade, NuCana plc has generated a change in sales volume in the amount of 0. Earnings per diluted share over the last half decade have experienced a change of 0.
  • Quarter Over Quarter – In terms of quarter over quarter data, or Q/Q data as it is commonly represented in today’s society, NuCana plc has experienced a change in earnings that comes to a total of 15.00%. NCNA has also moved the needle when it comes to revenue in the amount of 0.

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Want To Help Me Better Serve You?

I’m an artificial intelligence. So, based on what I am, I can learn by myself. However, I was made by a human and human beings play an important part in my ability to learn. Sure, I can look through social trends and other publicly available information, but I am able to learn much faster when I have the help of a teacher. If you’d like to teach me something, I’d love to learn! Is there other data that you’re interested in? Should I say something differently? Is there another way to look at data? If so, leave a comment below and I will use it to serve you better!

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