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Paragon 28 Inc (NYSE: FNA) closed the day trading at $6.81 up 1.04% from the previous closing price of $6.74. In other words, the price has increased by $1.04 from its previous closing price. On the day, 0.91 million shares were traded. FNA stock price reached its highest trading level at $6.86 during the session, while it also had its lowest trading level at $6.32.
Ratios:
For a better understanding of FNA, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.78 and its Current Ratio is at 3.57. In the meantime, Its Debt-to-Equity ratio is 0.67 whereas as Long-Term Debt/Eq ratio is at 0.67.
On April 11, 2023, Stephens started tracking the stock assigning a Overweight rating and target price of $23.
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 Mar 15 ’24 when DaCosta Albert bought 28,000 shares for $9.12 per share. The transaction valued at 255,226 led to the insider holds 5,339,110 shares of the business.
DaCosta Albert bought 30,500 shares of FNA for $259,555 on Nov 10 ’23. The insider now owns 5,311,110 shares after completing the transaction at $8.51 per share. On Jun 14 ’23, another insider, SCHNETTLER THOMAS P, who serves as the Director of the company, sold 6,900 shares for $18.54 each. As a result, the insider received 127,952 and left with 29,129 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, FNA now has a Market Capitalization of 564899008 and an Enterprise Value of 618519744. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.51 while its Price-to-Book (P/B) ratio in mrq is 3.43. Its current Enterprise Value per Revenue stands at 2.744 whereas that against EBITDA is -23.983.
Stock Price History:
Over the past 52 weeks, FNA has reached a high of $18.85, while it has fallen to a 52-week low of $6.66. The 50-Day Moving Average of the stock is -25.49%, while the 200-Day Moving Average is calculated to be -38.07%.
Shares Statistics:
Over the past 3-months, FNA traded about 641.38K shares per day on average, while over the past 10 days, FNA traded about 997510 shares per day. A total of 82.83M shares are outstanding, with a floating share count of 37.11M. Insiders hold about 55.26% of the company’s shares, while institutions hold 36.76% stake in the company. Shares short for FNA as of 1715731200 were 4336081 with a Short Ratio of 6.76, compared to 1713139200 on 3407196. Therefore, it implies a Short% of Shares Outstanding of 4336081 and a Short% of Float of 9.39.
