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Pliant Therapeutics Inc (NASDAQ: PLRX) closed the day trading at $10.55 down -5.89% from the previous closing price of $11.21. In other words, the price has decreased by -$5.89 from its previous closing price. On the day, 0.85 million shares were traded. PLRX stock price reached its highest trading level at $11.15 during the session, while it also had its lowest trading level at $10.46.
Ratios:
For a better understanding of PLRX, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 14.47 and its Current Ratio is at 14.47. In the meantime, Its Debt-to-Equity ratio is 0.15 whereas as Long-Term Debt/Eq ratio is at 0.15.
On December 08, 2023, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $41.
On May 18, 2023, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $48.Canaccord Genuity initiated its Buy rating on May 18, 2023, with a $48 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jul 10 ’24 when Lefebvre Eric sold 12,319 shares for $11.56 per share. The transaction valued at 142,408 led to the insider holds 213,052 shares of the business.
Hull Hans sold 9,900 shares of PLRX for $114,444 on Jul 10 ’24. The Chief Business Officer now owns 227,494 shares after completing the transaction at $11.56 per share. On Jul 10 ’24, another insider, Cummings Keith Lamont, who serves as the Chief Financial Officer of the company, sold 10,911 shares for $11.56 each. As a result, the insider received 126,131 and left with 282,115 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, PLRX now has a Market Capitalization of 641454784 and an Enterprise Value of 265074032.
Stock Price History:
Over the past 52 weeks, PLRX has reached a high of $19.62, while it has fallen to a 52-week low of $10.29. The 50-Day Moving Average of the stock is -17.00%, while the 200-Day Moving Average is calculated to be -25.34%.
Shares Statistics:
Over the past 3-months, PLRX traded about 452.34K shares per day on average, while over the past 10 days, PLRX traded about 401100 shares per day. A total of 59.92M shares are outstanding, with a floating share count of 53.70M. Insiders hold about 11.68% of the company’s shares, while institutions hold 96.88% stake in the company. Shares short for PLRX as of 1726185600 were 7299295 with a Short Ratio of 16.14, compared to 1723680000 on 7339293. Therefore, it implies a Short% of Shares Outstanding of 7299295 and a Short% of Float of 12.2600004.
