Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $0.33 in the prior trading day, Passage Bio Inc (NASDAQ: PASG) closed at $0.35, up 5.02%. In other words, the price has increased by $5.02% from its previous closing price. On the day, 0.97 million shares were traded. PASG stock price reached its highest trading level at $0.3651 during the session, while it also had its lowest trading level at $0.335.
Ratios:
Our goal is to gain a better understanding of PASG by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.74 and its Current Ratio is at 3.74. In the meantime, Its Debt-to-Equity ratio is 0.54 whereas as Long-Term Debt/Eq ratio is at 0.46.
On September 03, 2024, Rodman & Renshaw started tracking the stock assigning a Buy rating and target price of $7.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 24 ’25 when OrbiMed Private Investments VI bought 1,076,120 shares for $0.35 per share.
ORBIMED ADVISORS LLC sold 89,328 shares of PASG for $30,372 on Apr 23 ’25. The 10% Owner now owns 6,718,195 shares after completing the transaction at $0.34 per share. On Apr 22 ’25, another insider, ORBIMED ADVISORS LLC, who serves as the 10% Owner of the company, sold 78,049 shares for $0.34 each. As a result, the insider received 26,537 and left with 6,807,523 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, PASG now has a Market Capitalization of 21851342 and an Enterprise Value of -16389667.
Stock Price History:
The Beta on a monthly basis for PASG is 1.69, which has changed by -0.6140351 over the last 52 weeks, in comparison to a change of 0.11213791 over the same period for the S&P500. Over the past 52 weeks, PASG has reached a high of $1.33, while it has fallen to a 52-week low of $0.26. The 50-Day Moving Average of the stock is -4.17%, while the 200-Day Moving Average is calculated to be -34.90%.
Shares Statistics:
The stock has traded on average 246.71K shares per day over the past 3-months and 215960 shares per day over the last 10 days, according to various share statistics. A total of 62.15M shares are outstanding, with a floating share count of 52.62M. Insiders hold about 15.33% of the company’s shares, while institutions hold 43.10% stake in the company. Shares short for PASG as of 1748563200 were 1803674 with a Short Ratio of 7.31, compared to 1745971200 on 1799643. Therefore, it implies a Short% of Shares Outstanding of 1803674 and a Short% of Float of 3.94.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is -$0.75, with 3 analysts recommending between -$0.42 and -$1.35.
