Market Momentum Report: Poseida Therapeutics Inc (PSTX)’s Positive Close at 9.44

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The price of Poseida Therapeutics Inc (NASDAQ: PSTX) closed at $9.44 in the last session, up 0.85% from day before closing price of $9.36. In other words, the price has increased by $0.85 from its previous closing price. On the day, 0.9 million shares were traded. PSTX stock price reached its highest trading level at $9.46 during the session, while it also had its lowest trading level at $9.3501.

Ratios:

We take a closer look at PSTX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.20 and its Current Ratio is at 3.20. In the meantime, Its Debt-to-Equity ratio is 0.95 whereas as Long-Term Debt/Eq ratio is at 0.88.

On January 04, 2023, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $15.

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

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 26 ’24 when Gergen Mark J sold 30,000 shares for $9.27 per share. The transaction valued at 278,100 led to the insider holds 651,291 shares of the business.

MARK GERGEN bought 120,000 shares of PSTX for $343,200 on Nov 26 ’24.

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 920085632 and an Enterprise Value of 771944832. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.12 while its Price-to-Book (P/B) ratio in mrq is 10.54. Its current Enterprise Value per Revenue stands at 5.117 whereas that against EBITDA is -13.539.

Stock Price History:

Over the past 52 weeks, PSTX has reached a high of $9.44, while it has fallen to a 52-week low of $1.87. The 50-Day Moving Average of the stock is 142.65%, while the 200-Day Moving Average is calculated to be 193.62%.

Shares Statistics:

According to the various share statistics, PSTX traded on average about 1.14M shares per day over the past 3-months and 4447660 shares per day over the past 10 days. A total of 97.41M shares are outstanding, with a floating share count of 67.28M. Insiders hold about 30.97% of the company’s shares, while institutions hold 55.76% stake in the company. Shares short for PSTX as of 1731628800 were 4607915 with a Short Ratio of 4.06, compared to 1728950400 on 4814306. Therefore, it implies a Short% of Shares Outstanding of 4607915 and a Short% of Float of 6.529999999999999.

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