Market Watch: ProQR Therapeutics N.V (PRQR)’s Noteworthy Drop, Closing at 2.62

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As of close of business last night, ProQR Therapeutics N.V’s stock clocked out at $2.62, down -1.13% from its previous closing price of $2.65. In other words, the price has decreased by -$1.13 from its previous closing price. On the day, 0.44 million shares were traded. PRQR stock price reached its highest trading level at $2.67 during the session, while it also had its lowest trading level at $2.45.

Ratios:

To gain a deeper understanding of PRQR’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.33 and its Current Ratio is at 2.33. In the meantime, Its Debt-to-Equity ratio is 0.63 whereas as Long-Term Debt/Eq ratio is at 0.46.

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 October 29, 2024, 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 277476320 and an Enterprise Value of 142006464. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.96 while its Price-to-Book (P/B) ratio in mrq is 7.68. Its current Enterprise Value per Revenue stands at 7.724 whereas that against EBITDA is -4.964.

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 $1.61. The 50-Day Moving Average of the stock is -20.64%, while the 200-Day Moving Average is calculated to be 11.85%.

Shares Statistics:

It appears that PRQR traded 1.56M shares on average per day over the past three months and 264600 shares per day over the past ten days. A total of 81.68M shares are outstanding, with a floating share count of 74.28M. Insiders hold about 28.03% of the company’s shares, while institutions hold 17.68% stake in the company. Shares short for PRQR as of 1734048000 were 364699 with a Short Ratio of 0.23, compared to 1731628800 on 413765. Therefore, it implies a Short% of Shares Outstanding of 364699 and a Short% of Float of 0.44.

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