The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
After finishing at $0.75 in the prior trading day, PaxMedica Inc (NASDAQ: PXMD) closed at $0.69, down -7.61%. In other words, the price has decreased by -$7.61 from its previous closing price. On the day, 0.25 million shares were traded. PXMD stock price reached its highest trading level at $0.7698 during the session, while it also had its lowest trading level at $0.65.
Ratios:
Our goal is to gain a better understanding of PXMD by taking a closer 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 5138593 and an Enterprise Value of 388335.
Stock Price History:
The Beta on a monthly basis for PXMD is -0.16, which has changed by -0.97228044 over the last 52 weeks, in comparison to a change of 0.23568535 over the same period for the S&P500. Over the past 52 weeks, PXMD has reached a high of $29.75, while it has fallen to a 52-week low of $0.37. The 50-Day Moving Average of the stock is 9.75%, while the 200-Day Moving Average is calculated to be -79.78%.
Shares Statistics:
The stock has traded on average 2.42M shares per day over the past 3-months and 488980 shares per day over the last 10 days, according to various share statistics. A total of 7.40M shares are outstanding, with a floating share count of 6.78M. Insiders hold about 9.12% of the company’s shares, while institutions hold 1.48% stake in the company. Shares short for PXMD as of 1713139200 were 637721 with a Short Ratio of 0.26, compared to 1710460800 on 552325. Therefore, it implies a Short% of Shares Outstanding of 637721 and a Short% of Float of 8.62.
Earnings Estimates
A comprehensive evaluation of PaxMedica Inc (PXMD) is underway, with the input of 1 analysts contributing to its current rating.On average, analysts expect EPS of -$0.43 for the current quarter, with a high estimate of -$0.43 and a low estimate of -$0.43, while EPS last year was -$1.45. 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.
