NantKwest stock: buy or sell?

NK stock price: $5.15 5.53% At close on May 14th, 2020

Updated on:
May 14th, 2020

2

NantKwest shares skyrocketed 5.53% to $5.15 today.

NantKwest, Inc., a clinical-stage immunotherapy biotechnology company, develops immunotherapeutic treatments for cancer, infectious diseases, and inflammatory diseases in the United States.

Should I buy NantKwest stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. 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. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, NantKwest 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 NK will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is NantKwest stock a buy?

Banks and financial institutions publish stock ratings everyday. Unfortunately, we couldn't detect any rating for NK stock for the last month.

NantKwest stock analysis

Daily outlook

NantKwest skyrocketed an outstanding 5.53% and closed at $5.15.

NantKwest closed today at $5.15 and skyrocketed an outstanding 5.53%. From a daily perspective, NK is in a short term uptrend after plotting its last bottom ($3.49, on May 1st) higher than the previous bottom, and its last top ($5.54, on Monday) also over the previous top. Now trading in between its last bottom and last top NK might consolidate in a plain range, waiting to break out over $5.54 or down under $3.49. Since price and SMA100d lines crossed up on Monday, NK climbed $0.92 (21.75%).

NK stock chart (daily)

Weekly outlook

NantKwest shares skyrocketed 21.75% this week, ending at $5.15. Late March NK collapsed a bloodcurdling -21.15% in just one week. With this, it's been 5 climbing weeks in a row, soaring a 83.08%.

NantKwest is in a glaring downtrend, marking consecutive declining peaks and bottoms. Now is trading in between the - range. There is a chance to rebound and reverse this situation if price can hold above the level. Early April NK price bounced up over the SMA of 40 weeks that acted as support stopping new slides. Late October 2019, SMA20w and SMA40w crossed up triggering a rise of 343.97%.

NK stock chart (weekly)

NantKwest stock price history

NantKwest IPO was on July 28th, 2015 at $37.00 per share1. Since then, NK stock declined a -86.10%, with a yearly average of -21.50%.

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

NantKwest stock historical price chart

NK stock reached 52-week highs on January at $9.90, and all-time highs 2015-07-28 with a price of 38.48.

NantKwest stock price target

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we have not found any price forecast for NantKwest stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After publishing its last earnings report , NantKwest . Unfortunately, reported EPS is not yet available in our database.
NK earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/an/an/a
2017-Q2-n/an/an/a
2017-Q3-n/an/an/a
2017-Q42018-03-12n/a-0.31n/a
2018-Q12018-05-07-0.34-0.35n/a
2018-Q22018-10-01n/an/an/a
2018-Q32018-11-07-0.37-0.3n/a
2018-Q42019-04-01n/an/an/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared to 2017, last anual revenues report draw a beatiful growth of 4.44% to $0.05 million USD. When comparing 2018 vs 2017, instead, profit margin (that is, the net income divided by revenues) rocketed a 9,537.16% to -204,736.17%.

NK annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$0.60 M-$-2.05 M-341.7%-
2014$0.64 M6.83%$-6.21 M-969.3%203.07%
2015$0.24 M-63.18%$-236.88 M-100371.2%3,712.59%
2016$0.04 M-81.36%$-120.81 M-274565.9%-49.00%
2017$0.05 M2.27%$-96.42 M-214273.3%-20.19%
2018$0.05 M4.44%$-96.23 M-204736.2%-0.20%

Quarterly financial results

NantKwest reported $0.01 M in sales for 2018-Q4, a -77.42% decline compared to previous quarter. Reported quarter income marked $-17.34 M with a profit margin of -247,714.29%. Profit margin plummed a -171,472.35% compared to previous quarter when profit margin was -76,241.94%. When comparing sales to same quarter last year, NantKwest sales marked a bloodcurdling loss and collapsed a -41.67%.
NK quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$0.01 M-$-24.52 M-222909.1%-
2017-Q2$0.01 M27.27%$-23.45 M-167500.0%-4.36%
2017-Q3$0.01 M-42.86%$-23.97 M-299612.5%2.21%
2017-Q4$0.01 M50.00%$-24.49 M-204058.3%2.16%
2018-Q1$0.01 M-58.33%$-27.52 M-550380.0%12.38%
2018-Q2$0.00 M-20.00%$-27.73 M-693300.0%0.77%
2018-Q3$0.03 M675.00%$-23.64 M-76241.9%-14.77%
2018-Q4$0.01 M-77.42%$-17.34 M-247714.3%-26.63%

NantKwest ownership

When you are planning to buy shares of a company, it's worth to check its ownership structure.

NantKwest shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 71.73% of all shares.

In case of NantKwest stock, 5.99% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for NK stock account 0.00%, no big difference from last month.

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

NK
Market cap$507.3 M
Total shares98.5 M
Float shares34.1 M
  - Institutional holdings (%)6.0%
  - Insider holdings (%)71.7%
Shares in short selling0.0%

NantKwest summary

Thursday, May 14th, 2020
Open$4.91
Close$5.15
Day range$4.60 - $5.38
Previous close$4.88
Session gain5.53%
Average true range$0.53
50d mov avg$3.55
100d mov avg$4.50
200d mov avg$2.94
Daily patternlt06a
Weekly pattern lt02a

NantKwest performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We chose as the bechmarking frame for NantKwest stock.
Stock3m6m12m
NKNantKwest-18.25%368.18%390.48%

NantKwest competitors

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