Daily Market Movement: Pieris Pharmaceuticals Inc (PIRS) Sees a -4.21 Decrease, Closing at 0.16

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The closing price of Pieris Pharmaceuticals Inc (NASDAQ: PIRS) was $0.16 for the day, down -4.21% from the previous closing price of $0.16. In other words, the price has decreased by -$4.21 from its previous closing price. On the day, 0.62 million shares were traded. PIRS stock price reached its highest trading level at $0.1729 during the session, while it also had its lowest trading level at $0.155.

Ratios:

Our analysis of PIRS’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.24 and its Current Ratio is at 3.24. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

On May 14, 2019, Robert W. Baird started tracking the stock assigning a Outperform rating and target price of $5.Robert W. Baird initiated its Outperform rating on May 14, 2019, with a $5 target price.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 25 ’23 when KIRITSY CHRISTOPHER P bought 10,000 shares for $0.85 per share. The transaction valued at 8,500 led to the insider holds 20,000 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, PIRS now has a Market Capitalization of 15542689 and an Enterprise Value of -10823308. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.36 while its Price-to-Book (P/B) ratio in mrq is 0.58. Its current Enterprise Value per Revenue stands at -0.253 whereas that against EBITDA is 0.776.

Stock Price History:

Over the past 52 weeks, PIRS has reached a high of $1.01, while it has fallen to a 52-week low of $0.14. The 50-Day Moving Average of the stock is -10.13%, while the 200-Day Moving Average is calculated to be -28.96%.

Shares Statistics:

PIRS traded an average of 595.99K shares per day over the past three months and 359630 shares per day over the past ten days. A total of 98.94M shares are outstanding, with a floating share count of 91.57M. Insiders hold about 7.45% of the company’s shares, while institutions hold 38.94% stake in the company. Shares short for PIRS as of 1711584000 were 134126 with a Short Ratio of 0.23, compared to 1709164800 on 70725. Therefore, it implies a Short% of Shares Outstanding of 134126 and a Short% of Float of 0.13999999999999999.

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