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Autolus Therapeutics (NASDAQ:AUTL) Sees Large Volume Increase - Here's What Happened

Autolus Therapeutics logo with Medical background

Shares of Autolus Therapeutics plc (NASDAQ:AUTL - Get Free Report) saw unusually-strong trading volume on Thursday . Approximately 746,433 shares traded hands during trading, a decline of 44% from the previous session's volume of 1,344,832 shares.The stock last traded at $4.64 and had previously closed at $4.51.

Autolus Therapeutics Price Performance

The firm has a fifty day moving average price of $3.92 and a two-hundred day moving average price of $4.14. The stock has a market capitalization of $1.25 billion, a P/E ratio of -3.92 and a beta of 2.04. The company has a quick ratio of 18.55, a current ratio of 18.55 and a debt-to-equity ratio of 0.09.

Autolus Therapeutics (NASDAQ:AUTL - Get Free Report) last released its quarterly earnings data on Thursday, August 8th. The company reported ($0.22) EPS for the quarter, missing the consensus estimate of ($0.19) by ($0.03). On average, analysts expect that Autolus Therapeutics plc will post -0.84 EPS for the current year.

Institutional Investors Weigh In On Autolus Therapeutics

Large investors have recently made changes to their positions in the company. ProShare Advisors LLC bought a new stake in shares of Autolus Therapeutics during the 2nd quarter valued at about $43,000. Daiwa Securities Group Inc. grew its stake in shares of Autolus Therapeutics by 2,659.7% during the 2nd quarter. Daiwa Securities Group Inc. now owns 15,868 shares of the company's stock valued at $55,000 after purchasing an additional 15,293 shares during the period. Herbst Group LLC bought a new stake in shares of Autolus Therapeutics during the 3rd quarter valued at about $91,000. Bayesian Capital Management LP bought a new stake in shares of Autolus Therapeutics during the 1st quarter valued at about $100,000. Finally, B. Riley Wealth Advisors Inc. bought a new stake in shares of Autolus Therapeutics during the 1st quarter valued at about $108,000. 72.83% of the stock is currently owned by institutional investors.

Autolus Therapeutics Company Profile

(Get Free Report)

Autolus Therapeutics plc, a clinical-stage biopharmaceutical company, develops T cell therapies for the treatment of cancer and autoimmune diseases. The company's clinical-stage programs include obecabtagene autoleucel (AUTO1), a CD19-targeting programmed T cell investigational therapy that is in Phase 1b/2 clinical trial for the treatment of adult ALL; AUTO1/22, which is in a Phase 1 clinical trial in pediatric patients with relapsed or refractory ALL; AUTO4, a programmed T cell investigational therapy for the treatment of peripheral T-cell lymphoma targeting TRBC1 and TRBC2; AUTO6NG, a programmed T cell investigational therapy targeting GD2 in development for the treatment of neuroblastoma; and AUTO8, a product candidate to treat multiple myeloma.

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