Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The price of Protalix BioTherapeutics Inc (AMEX: PLX) closed at $1.5 in the last session, up 1.35% from day before closing price of $1.48. In other words, the price has increased by $1.35 from its previous closing price. On the day, 0.55 million shares were traded. PLX stock price reached its highest trading level at $1.52 during the session, while it also had its lowest trading level at $1.45.
Ratios:
We take a closer look at PLX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.69 and its Current Ratio is at 2.49. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.08.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, H.C. Wainwright on June 08, 2020, Reiterated its Buy rating but revised its target price to $11 from $3 previously.
On April 17, 2017, Rodman & Renshaw reiterated its Buy rating and also lowered its target price recommendation from $4 to $5.
On April 04, 2016, Rodman & Renshaw started tracking the stock assigning a Buy rating and target price of $3.50.Rodman & Renshaw initiated its Buy rating on April 04, 2016, with a $3.50 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PLX now has a Market Capitalization of 119410656 and an Enterprise Value of 88311528. As of this moment, Protalix’s Price-to-Earnings (P/E) ratio for their current fiscal year is 35.71, and their Forward P/E ratio for the next fiscal year is 3.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.00 while its Price-to-Book (P/B) ratio in mrq is 2.59. Its current Enterprise Value per Revenue stands at 1.478 whereas that against EBITDA is 14.827.
Stock Price History:
The Beta on a monthly basis for PLX is -0.21, which has changed by 0.42857146 over the last 52 weeks, in comparison to a change of 0.1185931 over the same period for the S&P500. Over the past 52 weeks, PLX has reached a high of $3.10, while it has fallen to a 52-week low of $0.82. The 50-Day Moving Average of the stock is -21.07%, while the 200-Day Moving Average is calculated to be -20.34%.
Shares Statistics:
According to the various share statistics, PLX traded on average about 1.12M shares per day over the past 3-months and 1891710 shares per day over the past 10 days. A total of 78.13M shares are outstanding, with a floating share count of 73.81M. Insiders hold about 7.28% of the company’s shares, while institutions hold 11.23% stake in the company. Shares short for PLX as of 1749772800 were 1187764 with a Short Ratio of 1.06, compared to 1747267200 on 979395. Therefore, it implies a Short% of Shares Outstanding of 1187764 and a Short% of Float of 1.5599999999999998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
