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The closing price of Paragon 28 Inc (NYSE: FNA) was $7.50 for the day, down -1.70% from the previous closing price of $7.63. In other words, the price has decreased by -$1.70 from its previous closing price. On the day, 0.99 million shares were traded. FNA stock price reached its highest trading level at $7.74 during the session, while it also had its lowest trading level at $7.25.
Ratios:
Our analysis of FNA’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.70 and its Current Ratio is at 3.57. In the meantime, Its Debt-to-Equity ratio is 0.75 whereas as Long-Term Debt/Eq ratio is at 0.75.
On April 11, 2023, Stephens started tracking the stock assigning a Overweight rating and target price of $23.
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 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.
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 626567296 and an Enterprise Value of 702398656. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.66 while its Price-to-Book (P/B) ratio in mrq is 4.27. Its current Enterprise Value per Revenue stands at 2.983 whereas that against EBITDA is -29.213.
Stock Price History:
Over the past 52 weeks, FNA has reached a high of $14.79, while it has fallen to a 52-week low of $4.65. The 50-Day Moving Average of the stock is 19.40%, while the 200-Day Moving Average is calculated to be -11.78%.
Shares Statistics:
FNA traded an average of 465.09K shares per day over the past three months and 763390 shares per day over the past ten days. A total of 82.83M shares are outstanding, with a floating share count of 38.75M. Insiders hold about 53.62% of the company’s shares, while institutions hold 47.82% stake in the company. Shares short for FNA as of 1728950400 were 6826728 with a Short Ratio of 14.57, compared to 1726185600 on 7114642. Therefore, it implies a Short% of Shares Outstanding of 6826728 and a Short% of Float of 14.6.
