In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The closing price of Prothena Corporation plc (NASDAQ: PRTA) was $7.61 for the day, up 2.42% from the previous closing price of $7.43. In other words, the price has increased by $2.42 from its previous closing price. On the day, 1.42 million shares were traded.
Ratios:
Our analysis of PRTA’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 9.00 and its Current Ratio is at 9.00. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.
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, Chardan Capital Markets on December 20, 2024, initiated with a Buy rating and assigned the stock a target price of $40.
On January 30, 2024, BofA Securities Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $68 to $38.
On December 12, 2023, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $62.Deutsche Bank initiated its Buy rating on December 12, 2023, with a $62 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 May 02 ’25 when EcoR1 Capital, LLC sold 3,317,938 shares for $8.36 per share. The transaction valued at 27,744,929 led to the insider holds 8,266,342 shares of the business.
EcoR1 Capital, LLC sold 1,984,053 shares of PRTA for $15,164,712 on May 06 ’25. The 10% Owner now owns 5,304,596 shares after completing the transaction at $7.64 per share. On May 05 ’25, another insider, EcoR1 Capital, LLC, who serves as the 10% Owner of the company, sold 977,693 shares for $8.11 each. As a result, the insider received 7,930,166 and left with 7,288,649 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.97 while its Price-to-Book (P/B) ratio in mrq is 0.94.
Stock Price History:
Over the past 52 weeks, PRTA has reached a high of $25.42, while it has fallen to a 52-week low of $6.92. The 50-Day Moving Average of the stock is -32.28%, while the 200-Day Moving Average is calculated to be -51.37%.
Shares Statistics:
A total of 53.83M shares are outstanding, with a floating share count of 47.13M. Insiders hold about 12.44% of the company’s shares, while institutions hold 85.80% stake in the company.
