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After finishing at $14.88 in the prior trading day, Prothena Corporation plc (NASDAQ: PRTA) closed at $13.85, down -6.92%. In other words, the price has decreased by -$6.92 from its previous closing price. On the day, 1.42 million shares were traded. PRTA stock price reached its highest trading level at $15.3 during the session, while it also had its lowest trading level at $12.7944.
Ratios:
Our goal is to gain a better understanding of PRTA by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 11.52 and its Current Ratio is at 11.52. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Chardan Capital Markets on December 20, 2024, initiated with a Buy rating and assigned the stock a target price of $40.
On January 30, 2024, BofA Securities Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $68 to $38.
On December 12, 2023, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $62.Deutsche Bank initiated its Buy rating on December 12, 2023, with a $62 target price.
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 24 ’24 when Walker Karin L sold 5,000 shares for $34.00 per share. The transaction valued at 170,000 led to the insider holds 0 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PRTA now has a Market Capitalization of 745250496 and an Enterprise Value of 237482944. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.20 while its Price-to-Book (P/B) ratio in mrq is 1.39. Its current Enterprise Value per Revenue stands at 1.781 whereas that against EBITDA is -1.42.
Stock Price History:
Over the past 52 weeks, PRTA has reached a high of $41.54, while it has fallen to a 52-week low of $11.70. The 50-Day Moving Average of the stock is -10.45%, while the 200-Day Moving Average is calculated to be -30.33%.
Shares Statistics:
The stock has traded on average 577.09K shares per day over the past 3-months and 1020270 shares per day over the last 10 days, according to various share statistics. A total of 53.81M shares are outstanding, with a floating share count of 44.79M. Insiders hold about 16.76% of the company’s shares, while institutions hold 94.76% stake in the company. Shares short for PRTA as of 1734048000 were 8797843 with a Short Ratio of 15.25, compared to 1731628800 on 7877213. Therefore, it implies a Short% of Shares Outstanding of 8797843 and a Short% of Float of 25.759999999999998.
