Athersys stock: buy or sell?

ATHX stock price: $3.00 15.83% At close on March 31st, 2020

Updated on:
March 31st, 2020

3

Athersys closed today at $3.00 and rocketed an astounding 15.83%. Tuesday was the fourth climbing session in a row, soaring 62.11%.

Athersys, Inc., a biotechnology company, focuses on the research and development activities in the field of regenerative medicine.

Should I buy Athersys stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, Athersys stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean ATHX will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Athersys stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't detect any rating for ATHX stock for the last 30 days.

Athersys stock analysis

Daily outlook

Athersys shares rocketed 15.83% to $3.00 today.

Athersys shares rocketed 15.83% to $3.00 today. For the last 14 days when ATHX stock price broke up the SMA200d line, it gained $1.82 (154.24%). Since SMA50d and SMA100d crossed up on March/18, ATHX price climbed $1.54 per share (105.48%).

ATHX stock chart (daily)

Weekly outlook

Athersys shares boosted 53.06% this week, ending at $3.00. This week was the fifth green week in a row. Late February ATHX plummed a frightening -6.67% in just one week.

Since this week when SMA20w and SMA40w crossed up, ATHX price gained $1.04 per share (53.06%). Since mid March when ATHX stock price broke up the SMA40w line, it gained $1.78 (145.90%).

ATHX stock chart (weekly)

Athersys stock price history

Athersys stock went public on June 19th, 2007 with a price of $7.401. Since then, ATHX stock lost a -59.50%, with a yearly average of -5.00%.

1: Adjusted price after possible price splits or reverse-splits.

Athersys stock historical price chart

ATHX stock reached 52-week highs today at $3.17, and all-time highs 2007-06-19 with a price of 10.

Athersys stock price target

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we have not found any price prediction for Athersys stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

, Athersys missed the expectations of the analysts and posted a fatal EPS of $-0.08 per share when experts were expecting $-0.09.
ATHX earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a-0.06n/a
2017-Q2-n/a-0.06n/a
2017-Q32017-11-08-0.06-0.06n/a
2017-Q42018-03-13-0.08-0.11n/a
2018-Q12018-05-10-0.1-0.08n/a
2018-Q22018-08-07n/a0.05n/a
2018-Q32018-11-06-0.08-0.07n/a
2018-Q42019-03-14-0.09-0.08n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared to 2017, last anual sales report draw an astounding increase of 555.10% to $24.29 million dollars. Likewise, its earnings margin (compared to revenues) climbed to -99.97%, that is $-24.28 million.

ATHX annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$2.44 M-$-30.74 M-1259.8%-
2014$1.62 M-33.48%$-22.08 M-1360.6%-28.17%
2015$12 M636.17%$-16.42 M-137.4%-25.63%
2016$17 M45.19%$-15.34 M-88.4%-6.61%
2017$3.71 M-78.62%$-32.24 M-869.5%110.22%
2018$24 M555.10%$-24.28 M-100.0%-24.68%

Quarterly financial results

Athersys reported $1.51 M in sales for 2018-Q4, a -34.81% decline compared to previous quarter. Reported quarter income marked $-11.32 M with a profit margin of -748.25%. Profit margin plummed a -328.60% compared to previous quarter when profit margin was -419.65%. When comparing sales to same quarter last year, Athersys sales marked an amazing growth and skyrocketed a 29.32%. Looking back to recent quarterly results, Athersys posted 2 negative quarters in a row.
ATHX quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$1 M-$-5.63 M-383.0%-
2017-Q2$1 M-54.49%$-6.27 M-937.2%11.37%
2017-Q3$0 M-40.36%$-7.24 M-1815.3%15.52%
2017-Q4$1 M193.23%$-13.10 M-1119.7%80.86%
2018-Q1$1 M-8.89%$-10.16 M-952.6%-22.48%
2018-Q2$19 M1,719.04%$6.93 M35.8%-168.27%
2018-Q3$2 M-88.03%$-9.74 M-419.6%-240.49%
2018-Q4$2 M-34.81%$-11.32 M-748.2%16.23%

Athersys ownership

When you are planning to invest in shares of a company, it's always worth to review its ownership structure.

Athersys shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 11.21% of all shares.

In case of Athersys stock, 21.62% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for ATHX stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Athersys:

ATHX
Market cap$470.0 M
Total shares156.7 M
Float shares149.6 M
  - Institutional holdings (%)21.6%
  - Insider holdings (%)11.2%
Shares in short selling0.0%

Athersys summary

Tuesday, March 31st, 2020
Open$2.50
Close$3.00
Day range$2.31 - $3.17
Previous close$2.59
Session gain15.83%
Average true range$0.36
50d mov avg$1.44
100d mov avg$1.36
200d mov avg$1.40
Daily pattern
Weekly pattern

Athersys performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We compared Athersys against in the following table:
Stock3m6m12m
ATHXAthersys145.90%118.98%100.00%

Athersys competitors

Unfortunately, we could not find any public company that could be defined as Athersys competitor. This doesn't mean Athersys does not have any competitor in the market, it's just we could not detected it.