The closing price of Pliant Therapeutics Inc. (NASDAQ: PLRX) was $21.60 for the day, up 0.70% from the previous closing price of $21.45. In other words, the price has increased by $+0.15 from its previous closing price. On the day, 554552 shares were traded. PLRX stock price reached its highest trading level at $21.62 during the session, while it also had its lowest trading level at $20.71.
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Ratios:
Our analysis of PLRX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 25.40 and its Current Ratio is at 25.40. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.
Upgrades & Downgrades
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 03 when Ouimette Mike sold 2,877 shares for $26.79 per share. The transaction valued at 77,066 led to the insider holds 50,789 shares of the business.
Coulie Bernard sold 35,339 shares of PLRX for $937,222 on Mar 30. The President and CEO now owns 274,753 shares after completing the transaction at $26.52 per share. On Mar 30, another insider, Lefebvre Eric, who serves as the Chief Medical Officer of the company, sold 11,245 shares for $26.52 each. As a result, the insider received 298,228 and left with 145,786 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, PLRX now has a Market Capitalization of 1.31B and an Enterprise Value of 991.39M. For the stock, the TTM Price-to-Sale (P/S) ratio is 132.18 while its Price-to-Book (P/B) ratio in mrq is 2.16. Its current Enterprise Value per Revenue stands at 101.49 whereas that against EBITDA is -7.64.
Stock Price History:
Over the past 52 weeks, PLRX has reached a high of $36.64, while it has fallen to a 52-week low of $4.74. The 50-Day Moving Average of the stock is 25.52, while the 200-Day Moving Average is calculated to be 24.00.
Shares Statistics:
PLRX traded an average of 718.67K shares per day over the past three months and 718.31k shares per day over the past ten days. A total of 56.06M shares are outstanding, with a floating share count of 45.52M. Insiders hold about 0.90% of the company’s shares, while institutions hold 94.20% stake in the company. Shares short for PLRX as of Apr 27, 2023 were 4.15M with a Short Ratio of 4.15M, compared to 3.59M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 7.02% and a Short% of Float of 7.15%.
Earnings Estimates
The firm’s stock currently is rated by 12 analysts. On average, analysts expect EPS of -$0.71 for the current quarter, with a high estimate of -$0.51 and a low estimate of -$0.85, while EPS last year was -$0.82. The consensus estimate for the next quarter is -$0.73, with high estimates of -$0.51 and low estimates of -$0.93.
Analysts are recommending an EPS of between -$2.38 and -$3.55 for the fiscal current year, implying an average EPS of -$2.9. EPS for the following year is -$3.34, with 13 analysts recommending between -$2.78 and -$4.69.
Revenue Estimates
A total of 13 analysts have provided revenue estimates for PLRX’s current fiscal year. The highest revenue estimate was $11M, while the lowest revenue estimate was $1.3M, resulting in an average revenue estimate of $4.19M. In the same quarter a year ago, actual revenue was $9.69M, down -56.70% from the average estimate.