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The closing price of Pliant Therapeutics Inc (NASDAQ: PLRX) was $12.32 for the day, down -0.88% from the previous closing price of $12.43. In other words, the price has decreased by -$0.88 from its previous closing price. On the day, 1.38 million shares were traded. PLRX stock price reached its highest trading level at $12.76 during the session, while it also had its lowest trading level at $12.26.
Ratios:
Our analysis of PLRX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 10.26 and its Current Ratio is at 10.26. In the meantime, Its Debt-to-Equity ratio is 0.17 whereas as Long-Term Debt/Eq ratio is at 0.17.
On December 08, 2023, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $41.
On May 18, 2023, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $48.Canaccord Genuity initiated its Buy rating on May 18, 2023, with a $48 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 Jul 10 ’24 when Lefebvre Eric sold 12,319 shares for $11.56 per share. The transaction valued at 142,408 led to the insider holds 213,052 shares of the business.
Hull Hans sold 9,900 shares of PLRX for $114,444 on Jul 10 ’24. The Chief Business Officer now owns 227,494 shares after completing the transaction at $11.56 per share. On Jul 10 ’24, another insider, Cummings Keith Lamont, who serves as the Chief Financial Officer of the company, sold 10,911 shares for $11.56 each. As a result, the insider received 126,131 and left with 282,115 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, PLRX now has a Market Capitalization of 756411008 and an Enterprise Value of 412110528.
Stock Price History:
Over the past 52 weeks, PLRX has reached a high of $19.62, while it has fallen to a 52-week low of $10.22. The 50-Day Moving Average of the stock is -5.71%, while the 200-Day Moving Average is calculated to be -8.22%.
Shares Statistics:
PLRX traded an average of 385.13K shares per day over the past three months and 470850 shares per day over the past ten days. A total of 59.92M shares are outstanding, with a floating share count of 53.76M. Insiders hold about 11.66% of the company’s shares, while institutions hold 96.18% stake in the company. Shares short for PLRX as of 1730332800 were 7215830 with a Short Ratio of 18.74, compared to 1727654400 on 6767543. Therefore, it implies a Short% of Shares Outstanding of 7215830 and a Short% of Float of 12.109999.
