Market Insights: Poseida Therapeutics Inc (PSTX)’s Notable Drop of -3.54, Closing at 2.45

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As of close of business last night, Poseida Therapeutics Inc’s stock clocked out at $2.45, down -3.54% from its previous closing price of $2.54. In other words, the price has decreased by -$3.54 from its previous closing price. On the day, 0.56 million shares were traded. PSTX stock price reached its highest trading level at $2.57 during the session, while it also had its lowest trading level at $2.44.

Ratios:

To gain a deeper understanding of PSTX’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1133.18. For the most recent quarter (mrq), Quick Ratio is recorded 2.48 and its Current Ratio is at 2.48. In the meantime, Its Debt-to-Equity ratio is 1.38 whereas as Long-Term Debt/Eq ratio is at 1.28.

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 January 04, 2023, initiated with a Buy rating and assigned the stock a target price of $15.

On January 07, 2022, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $24.

On May 18, 2021, BTIG Research started tracking the stock assigning a Buy rating and target price of $40.BTIG Research initiated its Buy rating on May 18, 2021, with a $40 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, PSTX now has a Market Capitalization of 237978064 and an Enterprise Value of 83785432. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.69 while its Price-to-Book (P/B) ratio in mrq is 3.91. Its current Enterprise Value per Revenue stands at 0.947 whereas that against EBITDA is -0.742.

Stock Price History:

Over the past 52 weeks, PSTX has reached a high of $4.27, while it has fallen to a 52-week low of $1.83. The 50-Day Moving Average of the stock is -13.87%, while the 200-Day Moving Average is calculated to be -18.75%.

Shares Statistics:

It appears that PSTX traded 461.99K shares on average per day over the past three months and 453500 shares per day over the past ten days. A total of 95.64M shares are outstanding, with a floating share count of 65.08M. Insiders hold about 33.00% of the company’s shares, while institutions hold 50.07% stake in the company. Shares short for PSTX as of 1727654400 were 4539158 with a Short Ratio of 9.83, compared to 1724976000 on 3900707. Therefore, it implies a Short% of Shares Outstanding of 4539158 and a Short% of Float of 6.460000000000001.

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