In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
In the latest session, ProKidney Corp (NASDAQ: PROK) closed at $2.53 down -6.99% from its previous closing price of $2.72. In other words, the price has decreased by -$6.99 from its previous closing price. On the day, 1.15 million shares were traded. PROK stock price reached its highest trading level at $2.85 during the session, while it also had its lowest trading level at $2.39.
Ratios:
For a deeper understanding of ProKidney Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 14.94 and its Current Ratio is at 14.94.
On July 25, 2023, BTIG Research started tracking the stock assigning a Buy rating and target price of $16.BTIG Research initiated its Buy rating on July 25, 2023, with a $16 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 22 ’24 when Weber Darin J. sold 16,438 shares for $2.51 per share. The transaction valued at 41,315 led to the insider holds 155,194 shares of the business.
Weber Darin J. sold 800 shares of PROK for $2,028 on Apr 18 ’24. The SVP of Regulatory Development now owns 171,632 shares after completing the transaction at $2.54 per share. On Apr 16 ’24, another insider, Weber Darin J., who serves as the SVP of Regulatory Development of the company, sold 17,238 shares for $2.50 each. As a result, the insider received 43,095 and left with 172,432 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 1811824000 and an Enterprise Value of 1303805056.
Stock Price History:
Over the past 52 weeks, PROK has reached a high of $13.51, while it has fallen to a 52-week low of $1.12. The 50-Day Moving Average of the stock is 56.34%, while the 200-Day Moving Average is calculated to be -38.55%.
Shares Statistics:
For the past three months, PROK has traded an average of 697.73K shares per day and 1895180 over the past ten days. A total of 59.88M shares are outstanding, with a floating share count of 43.32M. Insiders hold about 29.70% of the company’s shares, while institutions hold 57.33% stake in the company. Shares short for PROK as of 1711584000 were 13983842 with a Short Ratio of 20.04, compared to 1709164800 on 14300887. Therefore, it implies a Short% of Shares Outstanding of 13983842 and a Short% of Float of 22.799999.
