26-Jul-2024
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PRNewswire (Thu, 11-Jul 6:00 AM ET)
Akebia Therapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
PRNewswire (Mon, 1-Jul 4:05 PM ET)
Akebia Therapeutics to Present at the H.C. Wainwright 3rd Annual Kidney Virtual Conference
PRNewswire (Thu, 27-Jun 8:18 AM ET)
Akebia Therapeutics Appoints Erik Ostrowski as Chief Financial Officer and Chief Business Officer
PRNewswire (Mon, 24-Jun 8:58 AM ET)
Akebia Therapeutics to Present at the Jefferies Global Healthcare Conference
PRNewswire (Thu, 23-May 8:00 AM ET)
Akebia Therapeutics to Present at the 2nd Annual HCW Bioconnect Investor Conference
PRNewswire (Tue, 14-May 8:00 AM ET)
Akebia Therapeutics Reports First Quarter 2024 Financial Results and Recent Business Highlights
PRNewswire (Thu, 9-May 7:00 AM ET)
PRNewswire (Thu, 2-May 8:30 AM ET)
Akebia Therapeutics Inc is a fully integrated biopharmaceutical company. The Company's operating segment is the business of developing and commercializing novel therapeutics for people with kidney disease. The current portfolio of the company includes Auryxia (ferric citrate), a medicine approved and marketed in the United States for the control of serum phosphorus levels in adult patients with dialysis-dependent chronic kidney disease and the treatment of iron deficiency anemia, in adult patients with non-dialysis-dependent chronic kidney disease, Vafseo (vadadustat), an oral hypoxia-inducible factor prolyl hydroxylase, inhibitor, is approved in Japan for the treatment of anemia due to chronic kidney disease, in adult patients, HIF-PH inhibitors in preclinical development.
Akebia Therapeutics trades on the NASDAQ stock market under the symbol AKBA.
As of July 26, 2024, AKBA stock price declined to $1.44 with 1,098,177 million shares trading.
AKBA has a beta of 1.60, meaning it tends to be more sensitive to market movements. AKBA has a correlation of 0.05 to the broad based SPY ETF.
AKBA has a market cap of $301.82 million. This is considered a Small Cap stock.
Last quarter Akebia Therapeutics reported $33 million in Revenue and -$.09 earnings per share. This fell short of revenue expectation by $-14 million and missed earnings estimates by -$.01.
In the last 3 years, AKBA stock traded as high as $3.35 and as low as $.24.
The top ETF exchange traded funds that AKBA belongs to (by Net Assets): IWM, VTI, IWN, VXF, VTWO.
AKBA has underperformed the market in the last year with a return of -0.7%, while the SPY ETF gained +21.0%. In the last 3 month period, AKBA fell short of the market, returning +7.5%, while SPY returned +7.5%. However, in the most recent 2 weeks AKBA has outperformed the stock market by returning +14.3%, while SPY returned -2.8%.
AKBA support price is $1.39 and resistance is $1.57 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AKBA stock will trade within this expected range on the day.