Poseida Therapeutics Inc. (PSTX)’s liquidity ratios and what they mean

The price of Poseida Therapeutics Inc. (NASDAQ: PSTX) closed at $2.80 in the last session, down -0.71% from day before closing price of $2.82. In other words, the price has decreased by -$0.0200 from its previous closing price. On the day, 534021 shares were traded. PSTX stock price reached its highest trading level at $2.9400 during the session, while it also had its lowest trading level at $2.7900.

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Ratios:

We take a closer look at PSTX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 5.40 and its Current Ratio is at 5.40. In the meantime, Its Debt-to-Equity ratio is 0.37 whereas as Long-Term Debt/Eq ratio is at 0.37.

Upgrades & Downgrades

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 08 when Malin Life Sciences Holdings L bought 2,150,000 shares for $3.50 per share. The transaction valued at 7,525,000 led to the insider holds 11,835,673 shares of the business.

Ostertag Eric bought 142,857 shares of PSTX for $500,000 on Aug 08. The Executive Chairman now owns 838,824 shares after completing the transaction at $3.50 per share. On Aug 03, another insider, Ostertag Eric, who serves as the Executive Chairman of the company, sold 160,696 shares for $3.69 each. As a result, the insider received 592,808 and left with 0 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PSTX now has a Market Capitalization of 251.79M and an Enterprise Value of 58.05M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.82 while its Price-to-Book (P/B) ratio in mrq is 1.53. Its current Enterprise Value per Revenue stands at 0.42 whereas that against EBITDA is -1.57.

Stock Price History:

Over the past 52 weeks, PSTX has reached a high of $8.82, while it has fallen to a 52-week low of $1.82. The 50-Day Moving Average of the stock is 3.0197, while the 200-Day Moving Average is calculated to be 4.4954.

Shares Statistics:

According to the various share statistics, PSTX traded on average about 752.65K shares per day over the past 3-months and 566.4k shares per day over the past 10 days. A total of 86.27M shares are outstanding, with a floating share count of 60.34M. Insiders hold about 14.80% of the company’s shares, while institutions hold 50.20% stake in the company. Shares short for PSTX as of Apr 27, 2023 were 4.4M with a Short Ratio of 4.40M, compared to 3.54M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 5.08% and a Short% of Float of 7.37%.

Earnings Estimates

The company has 4 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.55 for the current quarter, with a high estimate of -$0.49 and a low estimate of -$0.6, while EPS last year was -$0.69. The consensus estimate for the next quarter is -$0.56, with high estimates of -$0.45 and low estimates of -$0.63.

Analysts are recommending an EPS of between -$1.41 and -$2.16 for the fiscal current year, implying an average EPS of -$1.7. EPS for the following year is -$1.94, with 5 analysts recommending between -$1.04 and -$2.78.

Revenue Estimates

A total of 4 analysts have provided revenue estimates for PSTX’s current fiscal year. The highest revenue estimate was $85.34M, while the lowest revenue estimate was $40.34M, resulting in an average revenue estimate of $60.59M. In the same quarter a year ago, actual revenue was $130.49M, down -53.60% from the average estimate.