For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The closing price of ProKidney Corp (NASDAQ: PROK) was $1.81 for the day, down -2.69% from the previous closing price of $1.86. In other words, the price has decreased by -$2.69 from its previous closing price. On the day, 0.68 million shares were traded. PROK stock price reached its highest trading level at $1.8999 during the session, while it also had its lowest trading level at $1.78.
Ratios:
Our analysis of PROK’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 1763119104 and an Enterprise Value of 1254342656.
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 -0.33%, while the 200-Day Moving Average is calculated to be -18.49%.
Shares Statistics:
PROK traded an average of 457.15K shares per day over the past three months and 582690 shares per day 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 43.18% stake in the company. Shares short for PROK as of 1734048000 were 10263432 with a Short Ratio of 22.45, compared to 1731628800 on 10701810. Therefore, it implies a Short% of Shares Outstanding of 10263432 and a Short% of Float of 8.77.