Market Insight: ProKidney Corp (PROK)’s Notable Gain, Closing at 1.51

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In the latest session, ProKidney Corp (NASDAQ: PROK) closed at $1.51 up 3.42% from its previous closing price of $1.46. In other words, the price has increased by $3.42 from its previous closing price. On the day, 1.34 million shares were traded. PROK stock price reached its highest trading level at $1.54 during the session, while it also had its lowest trading level at $1.4066.

Ratios:

For a deeper understanding of ProKidney Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 17.09 and its Current Ratio is at 17.09.

On September 10, 2024, Guggenheim started tracking the stock assigning a Buy rating and target price of $6.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 19 ’24 when Weber Darin J. sold 16,412 shares for $2.50 per share. The transaction valued at 41,030 led to the insider holds 103,480 shares of the business.

DARIN J WEBER bought 16,412 shares of PROK for $39,225 on Sep 19 ’24. On Jul 26 ’24, another insider, Weber Darin J., who serves as the Chief Regulatory Officer of the company, sold 826 shares for $2.50 each. As a result, the insider received 2,065 and left with 119,892 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, PROK now has a Market Capitalization of 1782313344 and an Enterprise Value of 1215966592.

Stock Price History:

Over the past 52 weeks, PROK has reached a high of $4.44, while it has fallen to a 52-week low of $1.18. The 50-Day Moving Average of the stock is -17.60%, while the 200-Day Moving Average is calculated to be -31.61%.

Shares Statistics:

For the past three months, PROK has traded an average of 612.85K shares per day and 535940 over the past ten days. A total of 127.92M shares are outstanding, with a floating share count of 92.13M. Insiders hold about 28.01% of the company’s shares, while institutions hold 43.17% stake in the company. Shares short for PROK as of 1732838400 were 10621709 with a Short Ratio of 17.33, compared to 1730332800 on 10341164. Therefore, it implies a Short% of Shares Outstanding of 10621709 and a Short% of Float of 9.08.

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