Market Momentum: Puma Biotechnology Inc (PBYI) Registers a 4.33 Increase, Closing at 2.65

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Puma Biotechnology Inc (NASDAQ: PBYI) closed the day trading at $2.65 up 4.33% from the previous closing price of $2.54. In other words, the price has increased by $4.33 from its previous closing price. On the day, 0.67 million shares were traded. PBYI stock price reached its highest trading level at $2.7 during the session, while it also had its lowest trading level at $2.45.

Ratios:

For a better understanding of PBYI, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.34 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.91. For the most recent quarter (mrq), Quick Ratio is recorded 1.23 and its Current Ratio is at 1.32. In the meantime, Its Debt-to-Equity ratio is 2.03 whereas as Long-Term Debt/Eq ratio is at 0.99.

Goldman Downgraded its Neutral to Sell on October 08, 2019, whereas the target price for the stock was revised from $24 to $8.

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 Aug 12 ’24 when MILLER MICHAEL PATRICK sold 23,358 shares for $3.49 per share. The transaction valued at 81,466 led to the insider holds 47,000 shares of the business.

MILLER MICHAEL PATRICK bought 23,358 shares of PBYI for $87,826 on Aug 12 ’24. On Jul 17 ’24, another insider, NOUGUES MAXIMO F, who serves as the Chief Financial Officer of the company, sold 4,156 shares for $3.70 each. As a result, the insider received 15,382 and left with 162,522 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, PBYI now has a Market Capitalization of 129973760 and an Enterprise Value of 131728816. As of this moment, Puma’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.49, and their Forward P/E ratio for the next fiscal year is 13.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.59 while its Price-to-Book (P/B) ratio in mrq is 2.65. Its current Enterprise Value per Revenue stands at 0.601 whereas that against EBITDA is 4.236.

Stock Price History:

Over the past 52 weeks, PBYI has reached a high of $7.73, while it has fallen to a 52-week low of $2.13. The 50-Day Moving Average of the stock is -20.02%, while the 200-Day Moving Average is calculated to be -39.87%.

Shares Statistics:

Over the past 3-months, PBYI traded about 464.53K shares per day on average, while over the past 10 days, PBYI traded about 505740 shares per day. A total of 47.65M shares are outstanding, with a floating share count of 34.93M. Insiders hold about 28.78% of the company’s shares, while institutions hold 56.92% stake in the company. Shares short for PBYI as of 1722384000 were 3822121 with a Short Ratio of 8.23, compared to 1719532800 on 2928713. Therefore, it implies a Short% of Shares Outstanding of 3822121 and a Short% of Float of 9.1800004.

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