Shares of Nkarta (NYSE:QH) rose 2% on Thursday . The company traded as high as $7.34 and last traded at $7.13. Approximately 48,423 shares were traded during mid-day trading, a decline of 68% from the average daily volume of 150,368 shares. The stock had previously closed at $6.99.
Separately, Roth Capital reissued a “buy” rating and issued a $13.00 price target on shares of Nkarta in a research note on Thursday, August 27th.
The company’s 50 day simple moving average is $7.69.
Nkarta (NYSE:QH) last posted its quarterly earnings results on Thursday, August 27th. The company reported $0.07 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.02 by $0.05. The company had revenue of $77.50 million during the quarter, compared to analyst estimates of $70.70 million.
About Nkarta (NYSE:QH)
Quhuo Limited, through its subsidiaries, operates a workforce operational solution platform in the People's Republic of China. The company provides tech-enabled operational solutions to blue-chip on-demand consumer service businesses in industries with e-commerce exposure, including food delivery, ride-hailing, housekeeping, and bike-sharing.
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