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Analysis
Akero Therapeutics, Inc. (AKRO)
Akero Therapeutics, Inc. (AKRO)
Ranking:
Sell
Implies negative momentum
Stock Name: Akero Therapeutics, Inc.
Symbol: AKRO
Market Cap: $2.29B
Industry: Biotechnology
Sector: Healthcare
Website: https://www.akerotx.com
About Akero Therapeutics, Inc.

Akero Therapeutics, Inc., a cardio-metabolic nonalcoholic steatohepatitis (NASH) company, engages in the development of medicines designed to restore metabolic balance and improve overall health. The company's lead product candidate is efruxifermin (EFX), an analog of fibroblast growth factor 21, which protects against cellular stress and regulates metabolism of lipids, carbohydrates, and proteins throughout the body. It also conducts a Phase 2a clinical trial, the BALANCED study, to evaluate EFX in the treatment of biopsy-confirmed NASH patients Please visit their website for more information.

Overview:
Last Close: $33.04
52 Week: $14.16-$35.28
MVA50: 29.67
MVA200: 27.21
RSI: 65.50
Buy/Sell*: 58.45
1-Month change: 12.74%
3-Month change: 32.84%
*Proprietary Buy Sell Volume Indicator
Price Chart For AKRO
Financial Parameters Most Recent Quarter: (2024-Q3),2024-09-30
Revenue: $0M
Revenue Growth (YOY): nan%
Profit (% of Rev): nan%
Income (% of Rev): -inf%
Income Growth (YOY): 83.33%
Operating Income: $-82M
Operating Cash Flow: $-70M
Operating Cash Flow Growth (YoY): 41.64%
Annual Dividend Yield: 0.00%
Total Assets: $818M
Total Liabilities: $79M
Cash & Equivalent: $316M
Total Debt: $1M
Debt/Equity: 0.00
Quick Ratio: 17.25
Current Ratio: 17.25
Price/Book: 2.70
Price/Earnings: -6.85
EBITDA: $-82M
EPS: -1.05
Our Approach

Our proprietary analysis employs a weighted average approach integrating both functional and technical parameters, tailored to the sector, industry, and microeconomic factors. This methodology assigns dynamic weights to the parameters, with a focus on recent trends, ensuring a nuanced evaluation for informed investment decisions. Considering all the above parameters, in addition to some of the derived parameters of the stock in conjunction with its sector and macroeconomic conditions, our proprietary Weighted Average AI model gives a rank of Sell.

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