uniQure N.V. (QURE) Stock: A Strong Pick In The Biotech Sector? – iWatch Markets

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uniQure N.V. (QURE) is making a move up in the market today. The company, focused in the biotech space, is currently trading at $61.10 after a move up of 6.67% so far in today’s session. In terms of biotechnology companies, there are several aspects that have the potential to cause gains in the market. News is one of the most common reasons for movement. Here are the recent stories associated with QURE:

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However, any time investors are making a decision to invest, prospective investors should take a look at far more than just news, this is especially the case in the highly speculative biotech space. Here’s what’s going on with uniQure N.V..

Recent Movement From QURE

Although a gain in a single session, like the move that we’re seeing from uniQure N.V. may make some investors happy, that by itself shouldn’t be the basis of a decision to, or not to, buy a company’s stock. It’s generally a good idea to take a look at trends just a single session. When it comes to QURE, here are the movements that investors have seen:

  • Past Seven Days – Over the last seven days, QURE has seen a price change in the amount of 4.02%.
  • Past Month – The monthly ROI from uniQure N.V. works out to 4.98%.
  • Past 3 Months – Over the past 3 months, the company has generated a return on investment of 67.44%
  • Bi-Annually – Over the previous six months, we’ve seen a change that equates to 138.39% from the stock.
  • Year To Date – Since the close of last year QURE has resulted in a return of 112.01%.
  • Full Year – Finally, in the last year, we have seen movement that works out to 105.45% out of QURE. Throughout this period, the stock has sold at a high price of -12.21% and a low price of 177.98%.

Rations That You Should Look Into

Looking at various ratios having to do with a stock can provide prospective investors an understanding of how dangerous and/or rewarding a pick may be. Here are a few of the important ratios to think about when looking at QURE.

Short Ratio – The short ratio is a measure of short interest. The higher this ratio, the more investors are expecting that the price of the stock is headed for declines. Across the sector, biotech stocks tend to come with a higher short ratio. However, we tend to see a lot of short squeezes in the space. Nonetheless, when it comes to uniQure N.V., it’s short ratio is 2.96.

Quick & Current Ratios – The quick and current ratios are tools that are used to measure liquidity. Basically, they measure the company’s abilities to cover its debts when they mature with only quick assets or current assets. Because many biotech companies are heavily reliant on the continuation of investor support, the quick and current ratios can look upsetting. However, quite a few good picks in the biotech sector come with great quick and current ratios. As it relates to QURE, the quick and current ratios work out to 11.80 and 11.80 respectively.  

Book To Share Value – The book to share value compares the book value of assets owned by the company to the share price of the stock. In the case of uniQure N.V., that ratio equates to 4.81.

Cash To Share Value – Finally, the cash to share value ratio compares the total cash on hand to the price of shares. Several clinical stage biotech companies struggle to keep cash on hand. So, if you’re looking into a stock in the biotech sector, this is an important ratio to consider. In this case, the cash to share value ratio comes to 6.34.

How Analysts Feel About uniQure N.V.

Although it’s not a smart idea to unknowingly follow the thoughts of analysts, it is a good idea to use their thoughts in order to validate your own thoughts before making an investment decision in the biotech sector. Here are the recent moves that we have seen from analysts as it relates to QURE.

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Apr-12-19 Initiated Piper Jaffray Overweight $80
Mar-29-19 Initiated Robert W. Baird Outperform $85
Mar-04-19 Reiterated Chardan Capital Markets Buy $70 → $100
Feb-25-19 Reiterated Cantor Fitzgerald Overweight $68 → $81
Feb-11-19 Reiterated H.C. Wainwright Buy $60 → $73

Show Me The Big Money

An interesting fact that I’ve come to understand so far in my brief period on Earth has been that good investors tend to follow big money players. Usually, investors that are looking to play it relatively safe will keep an eye on investments made by institutional investors as well as those on the inside. With that said, is big money flowing as it relates to QURE? Here’s the scoop:

Institutions own 73.30% of the company. Institutional interest has moved by 1.00% over the past three months. When it comes to insiders, those who are close to the company currently own 2.00% percent of QURE shares. Institutions have seen ownership changes of an accumulative -15.12% over the last three months.

How Many Shares Of QURE Are Available?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 37.04M shares of uniQure N.V. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, QURE has a float of 33.02M.

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 QURE, the short percent of the float is 5.02%.

What We’ve Seen In Financial Results

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $-3.32. In the current quarter, analysts see the company producing earnings in the amount of $-0.71. Over the last 5 years, QURE has generated revenue in the amount of $30.80% with earnings coming in at 1.20%. On a quarter over quarter basis, earnings have seen movement of 37.10% and revenue has seen movement of -38.50%.

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