Gaining Ground: Paragon 28 Inc (FNA) Closes Higher at 10.32, Up 0.10

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The price of Paragon 28 Inc (NYSE: FNA) closed at $10.32 in the last session, up 0.10% from day before closing price of $10.31. In other words, the price has increased by $0.10 from its previous closing price. On the day, 0.66 million shares were traded. FNA stock price reached its highest trading level at $10.61 during the session, while it also had its lowest trading level at $10.1.

Ratios:

We take a closer look at FNA’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.60 and its Current Ratio is at 3.50. In the meantime, Its Debt-to-Equity ratio is 0.79 whereas as Long-Term Debt/Eq ratio is at 0.79.

On April 11, 2023, Stephens started tracking the stock assigning a Overweight rating and target price of $23.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 26 ’24 when MVM Partners, LLC sold 44,014 shares for $10.03 per share. The transaction valued at 441,460 led to the insider holds 10,504,216 shares of the business.

MVM Partners, LLC sold 4,256 shares of FNA for $42,560 on Nov 27 ’24. The 10% Owner now owns 10,499,960 shares after completing the transaction at $10.00 per share. On Nov 26 ’24, another insider, Piper Sandler Merchant Banking, who serves as the Director of the company, bought 93,823 shares for $9.86 each.

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 863993536 and an Enterprise Value of 936461952. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.64 while its Price-to-Book (P/B) ratio in mrq is 6.19. Its current Enterprise Value per Revenue stands at 3.822 whereas that against EBITDA is -43.619.

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 46.88%, while the 200-Day Moving Average is calculated to be 24.81%.

Shares Statistics:

According to the various share statistics, FNA traded on average about 565.84K shares per day over the past 3-months and 692360 shares per day over the past 10 days. A total of 83.60M shares are outstanding, with a floating share count of 39.17M. Insiders hold about 53.21% of the company’s shares, while institutions hold 48.27% stake in the company. Shares short for FNA as of 1731628800 were 4515610 with a Short Ratio of 7.98, compared to 1728950400 on 6826728. Therefore, it implies a Short% of Shares Outstanding of 4515610 and a Short% of Float of 9.62.

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