Market Update: ProQR Therapeutics N.V (PRQR) Sees Positive Movement, Closing at 3.45

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In the latest session, ProQR Therapeutics N.V (NASDAQ: PRQR) closed at $3.45 up 4.23% from its previous closing price of $3.31. In other words, the price has increased by $4.23 from its previous closing price. On the day, 1.38 million shares were traded. PRQR stock price reached its highest trading level at $3.85 during the session, while it also had its lowest trading level at $3.45.

Ratios:

For a deeper understanding of ProQR Therapeutics N.V’s stock, let’s take a closer look at its various 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.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Raymond James on Oct-30-24, Upgraded its rating to Strong Buy and sets its target price to $14 from $6 previously.

On November 08, 2023, Chardan Capital Markets Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $2.

JMP Securities Upgraded its Mkt Perform to Mkt Outperform on March 30, 2023, whereas the target price for the stock was revised from $1.50 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 281796704 and an Enterprise Value of 204833680. For the stock, the TTM Price-to-Sale (P/S) ratio is 16.93 while its Price-to-Book (P/B) ratio in mrq is 8.00. Its current Enterprise Value per Revenue stands at 12.985 whereas that against EBITDA is -7.496.

Stock Price History:

Over the past 52 weeks, PRQR has reached a high of $4.62, while it has fallen to a 52-week low of $1.13. The 50-Day Moving Average of the stock is 52.47%, while the 200-Day Moving Average is calculated to be 67.16%.

Shares Statistics:

For the past three months, PRQR has traded an average of 1.21M shares per day and 7230080 over the past ten days. 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 22.17% stake in the company. Shares short for PRQR as of 1728950400 were 133298 with a Short Ratio of 0.11, compared to 1726185600 on 158686. Therefore, it implies a Short% of Shares Outstanding of 133298 and a Short% of Float of 0.22999999999999998.

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