Intercept Pharmaceuticals, Inc. (NASDAQ:ICPT) Trading Down Today - Down by 14.26%

A number of brokerages have weighed in on ICPT.

The volume of the particular stock is the shares bought and sold in a single trading day. It is negative, as 37 investors sold Intercept Pharmaceuticals Inc shares while 38 reduced holdings. Morgan Stanley initiated Intercept Pharmaceuticals Inc (NASDAQ:ICPT) rating on Thursday, August 13. Carmignac Gestion increased its position in shares of Intercept Pharmaceuticals by 0.4% in the second quarter. This rating score is based on a 1-5 scale where a 5 would reveal a Strong Sell, a 4 indicates a Sell, 3 would equal to a hold, 2 means a Buy, and a rating of 1 would display a Strong Buy.

As such, Baral reiterates an Outperform rating on Intercept shares with a price target of $232, which implies an upside of 131% from current levels. Tracking the stock price in relation to moving averages as well as highs and lows for the year might assist with evaluating future stock performance. The firm's market cap is $2.85 billion.

Now turning toward the technical indicators, its current distance from 20-Day Simple Moving Average is -11.58% and moving -15.67% away from 50-Day Simple Moving Average while traded down -14.68% from 200-Day Simple Moving Average. The chart below shows the one year performance of ICPT shares: Looking at the chart above, ICPT's low point in its 52 week range is $90.53 per share, with $172.95 as the 52 week high point - that compares with a last trade of $97.27.

Intercept Pharmaceuticals, Inc. (NASDAQ:ICPT) yearly performance is -35.29%. Analysts might review their estimates as they will get closer to the actual results date. Intercept Pharmaceuticals had a negative net margin of 543.35% and a negative return on equity of 135.24%. While in the same Quarter Previous year, the Actual EPS was $-3.59. Earnings, with 15 analysts believing the company would generate an Average Estimate of $-3.49.

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TRADEMARK VIOLATION NOTICE: "Intercept Pharmaceuticals, Inc". (NASDAQ:ICPT)'s ATR is 3.77. If you are viewing this report on another website, it was copied illegally and reposted in violation of USA and worldwide copyright and trademark law. BidaskClub raised shares of Intercept Pharmaceuticals from a "hold" rating to a "buy" rating in a report on Friday, June 23rd. About 1.93 million shares traded or 293.99% up from the average. Following the completion of the transaction, the chief executive officer now directly owns 611,718 shares in the company, valued at $80,012,714.40. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CMO David Shapiro sold 350 shares of the company's stock in a transaction that occurred on Monday, July 3rd. The stock was sold at an average price of $117.43, for a total value of $146,787.50. When analyzing the systematic risk associated with a stock, analysts look at beta, which measures the stock's volatility relative to the overall market. The disclosure for this sale can be found here.

On July 11 analysts at Jefferies began coverage of ICPT with a rating of "Buy".

Hedge funds have recently made changes to their positions in the business. FMR LLC increased its position in shares of Intercept Pharmaceuticals by 0.7% in the second quarter. Wedbush maintained the stock with "Outperform" rating in Wednesday, February 24 report. Carmignac Gestion now owns 2,035,592 shares of the biopharmaceutical company's stock valued at $246,449,000 after acquiring an additional 7,400 shares during the period.

Currently, EPS of Intercept Pharmaceuticals, Inc. State Street Corp now owns 805,550 shares of the biopharmaceutical company's stock valued at $91,110,000 after buying an additional 54,523 shares during the period. First Trust Advisors LP now owns 287,411 shares of the biopharmaceutical company's stock worth $34,797,000 after buying an additional 41,856 shares in the last quarter.

Covering sell-side analysts have recently weighed in on shares of Intercept Pharmaceuticals, Inc.

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