Analyzing PaxMedica Inc (PXMD)’s quick and current ratios

PaxMedica Inc (NASDAQ: PXMD) closed the day trading at $0.41 down -4.22% from the previous closing price of $0.43. In other words, the price has decreased by -$0.0182 from its previous closing price. On the day, 4172946 shares were traded.

Ratios:

For a better understanding of PXMD, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.16 and its Current Ratio is at 3.16. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

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 Jan 29 ’24 when Rome Zachary sold 811 shares for $0.48 per share. The transaction valued at 389 led to the insider holds 15,148 shares of the business.

Weisman Howard J. sold 372 shares of PXMD for $175 on Jan 29 ’24. The Chief Executive Officer now owns 37,675 shares after completing the transaction at $0.47 per share. On Jan 29 ’24, another insider, LaRochelle Karen, who serves as the Director of the company, sold 78 shares for $0.48 each. As a result, the insider received 37 and left with 2,829 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, PXMD now has a Market Capitalization of 3.05M and an Enterprise Value of 3.48M.

Stock Price History:

Over the past 52 weeks, PXMD has reached a high of $38.93, while it has fallen to a 52-week low of $0.37. The 50-Day Moving Average of the stock is 0.5595, while the 200-Day Moving Average is calculated to be 4.2525.

Shares Statistics:

Over the past 3-months, PXMD traded about 241.38K shares per day on average, while over the past 10 days, PXMD traded about 101.49k shares per day. A total of 7.40M shares are outstanding, with a floating share count of 6.30M. Insiders hold about 14.91% of the company’s shares, while institutions hold 1.50% stake in the company. Shares short for PXMD as of Mar 28, 2024 were 133.72k with a Short Ratio of 0.55, compared to 26.06k on Feb 29, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.81% and a Short% of Float of 1.92%.

Earnings Estimates

Current recommendations for the stock of the company come from 1 analysts. The consensus estimate for the next quarter is -$0.3, with high estimates of -$0.3 and low estimates of -$0.3.

Analysts are recommending an EPS of between -$1.09 and -$1.09 for the fiscal current year, implying an average EPS of -$1.09. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.

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