Today Akcea Therapeutics, Inc. (AKCA) Stock Rises

April 17, 2018 - By Hazel Jackson

The stock of Akcea Therapeutics, Inc. (NASDAQ:AKCA) is a huge mover today! The stock increased 6.97% or $1.56 during the last trading session, reaching $23.93. About 161,057 shares traded. Akcea Therapeutics, Inc. (NASDAQ:AKCA) has 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.
The move comes after 8 months positive chart setup for the $1.60B company. It was reported on Apr, 17 by Barchart.com. We have $24.89 PT which if reached, will make NASDAQ:AKCA worth $63.88M more.

Analysts await Akcea Therapeutics, Inc. (NASDAQ:AKCA) to report earnings on May, 28. After $-0.26 actual EPS reported by Akcea Therapeutics, Inc. for the previous quarter, Wall Street now forecasts 30.77 % negative EPS growth.

Akcea Therapeutics, Inc. (NASDAQ:AKCA) Ratings Coverage

Among 2 analysts covering Akcea Therapeutics Inc (NASDAQ:AKCA), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Akcea Therapeutics Inc had 3 analyst reports since October 31, 2017 according to SRatingsIntel. Stifel Nicolaus maintained Akcea Therapeutics, Inc. (NASDAQ:AKCA) rating on Tuesday, October 31. Stifel Nicolaus has “Buy” rating and $19.0 target. The firm has “Buy” rating given on Tuesday, November 7 by Stifel Nicolaus.

Akcea Therapeutics Inc., a late-stage biopharmaceutical company, focuses on developing and commercializing drugs to treat patients with cardiometabolic diseases caused by lipid disorders in the United States and internationally. The company has market cap of $1.60 billion. It develops Volanesorsen, which has completed Phase 3 clinical study for the treatment of familial chylomicronemia syndrome; and that is in Phase 3 clinical study for the treatment of familial partial lipodystrophy. It currently has negative earnings. The firm also develops AKCEA-APO-LRx, which has completed Phase 2b clinical study for treating patients suffering with hyperlipoproteinemia; AKCEA-ANGPTL3-LRx that has completed Phase 1/2 clinical study for the treatment of multiple lipid disorders; and AKCEA-APOCIII-LRx, which is in Phase 1/2 study for the treatment of cardiovascular disease driven by high triglycerides.

Akcea Therapeutics, Inc. (NASDAQ:AKCA) Ratings Chart

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