Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
After finishing at $0.92 in the prior trading day, ProMIS Neurosciences Inc (NASDAQ: PMN) closed at $0.94, up 2.17%. In other words, the price has increased by $2.17 from its previous closing price. On the day, 73010.0 shares were traded. PMN stock price reached its highest trading level at $0.9669 during the session, while it also had its lowest trading level at $0.92.
Ratios:
Our goal is to gain a better understanding of PMN by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 9.30 and its Current Ratio is at 9.30. 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 Sep 24 ’24 when Shafmaster Madge K. bought 70,000 shares for $1.30 per share. The transaction valued at 91,028 led to the insider holds 208,333 shares of the business.
Shafmaster Madge K. bought 70,000 shares of PMN for $89,656 on Sep 23 ’24. The Director now owns 138,333 shares after completing the transaction at $1.28 per share. On Sep 20 ’24, another insider, Shafmaster Madge K., who serves as the Director of the company, bought 60,000 shares for $1.25 each. As a result, the insider paid 75,066 and bolstered with 68,333 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, PMN now has a Market Capitalization of 30727848 and an Enterprise Value of 28695364.
Stock Price History:
Over the past 52 weeks, PMN has reached a high of $3.10, while it has fallen to a 52-week low of $0.88. The 50-Day Moving Average of the stock is -12.04%, while the 200-Day Moving Average is calculated to be -41.09%.
Shares Statistics:
The stock has traded on average 69.08K shares per day over the past 3-months and 37400 shares per day over the last 10 days, according to various share statistics. A total of 32.69M shares are outstanding, with a floating share count of 22.01M. Insiders hold about 32.66% of the company’s shares, while institutions hold 26.10% stake in the company. Shares short for PMN as of 1730332800 were 239785 with a Short Ratio of 2.90, compared to 1727654400 on 128009. Therefore, it implies a Short% of Shares Outstanding of 239785 and a Short% of Float of 1.04.
