Market Momentum: ProQR Therapeutics N.V (PRQR) Registers a 7.14 Increase, Closing at 1.80

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ProQR Therapeutics N.V (NASDAQ: PRQR) closed the day trading at $1.80 up 7.14% from the previous closing price of $1.68. In other words, the price has increased by $7.14 from its previous closing price. On the day, 0.57 million shares were traded. PRQR stock price reached its highest trading level at $2.05 during the session, while it also had its lowest trading level at $1.69.

Ratios:

For a better understanding of PRQR, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.73 and its Current Ratio is at 2.73. In the meantime, Its Debt-to-Equity ratio is 0.54 whereas as Long-Term Debt/Eq ratio is at 0.40.

On March 30, 2023, JMP Securities Upgraded its rating to Mkt Outperform which previously was Mkt Perform and also upped its target price recommendation from $1.50 to $5.

Cantor Fitzgerald Upgraded its Neutral to Overweight on December 22, 2022, whereas the target price for the stock was revised from $0.80 to $5.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PRQR now has a Market Capitalization of 147024352 and an Enterprise Value of 70061352. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.84 while its Price-to-Book (P/B) ratio in mrq is 4.18. Its current Enterprise Value per Revenue stands at 4.441 whereas that against EBITDA is -2.564.

Stock Price History:

Over the past 52 weeks, PRQR has reached a high of $3.29, while it has fallen to a 52-week low of $1.11. The 50-Day Moving Average of the stock is -6.11%, while the 200-Day Moving Average is calculated to be -9.58%.

Shares Statistics:

Over the past 3-months, PRQR traded about 106.82K shares per day on average, while over the past 10 days, PRQR traded about 132140 shares per day. A total of 78.46M shares are outstanding, with a floating share count of 52.75M. Insiders hold about 35.41% of the company’s shares, while institutions hold 22.16% stake in the company. Shares short for PRQR as of 1724976000 were 165858 with a Short Ratio of 1.49, compared to 1722384000 on 162518. Therefore, it implies a Short% of Shares Outstanding of 165858 and a Short% of Float of 0.29.

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