I recommend waiting for a better discount before investing in PaxMedica Inc (PXMD).

As of close of business last night, PaxMedica Inc’s stock clocked out at $0.51, down -4.67% from its previous closing price of $0.54. In other words, the price has decreased by -$0.0250 from its previous closing price. On the day, 90529 shares were traded.

Ratios:

To gain a deeper understanding of PXMD’s stock, we examine 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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 3.91M and an Enterprise Value of 4.34M.

Stock Price History:

Over the past 52 weeks, PXMD has reached a high of $40.40, while it has fallen to a 52-week low of $0.37. The 50-Day Moving Average of the stock is 0.5692, while the 200-Day Moving Average is calculated to be 5.0693.

Shares Statistics:

It appears that PXMD traded 252.74K shares on average per day over the past three months and 186.47k shares per day over the past ten days. A total of 7.40M shares are outstanding, with a floating share count of 6.30M. Insiders hold about 14.91% of the company’s shares, while institutions hold 1.50% stake in the company. Shares short for PXMD as of Mar 15, 2024 were 552.33k with a Short Ratio of 2.19, compared to 43.05k on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 7.46% and a Short% of Float of 7.95%.

Earnings Estimates

As of right now, 1 analysts gave their recommendation on the stock of the company. 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. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.

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