Metric Deep Dive: Understanding Pulse Biosciences Inc (PLSE) Through its Ratios

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After finishing at $18.73 in the prior trading day, Pulse Biosciences Inc (NASDAQ: PLSE) closed at $17.87, down -4.59%. In other words, the price has decreased by -$4.59 from its previous closing price. On the day, 0.51 million shares were traded. PLSE stock price reached its highest trading level at $18.91 during the session, while it also had its lowest trading level at $17.62.

Ratios:

Our goal is to gain a better understanding of PLSE by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.57 and its Current Ratio is at 4.57. In the meantime, Its Debt-to-Equity ratio is 0.32 whereas as Long-Term Debt/Eq ratio is at 0.28.

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 this company, Stephens on July 27, 2021, initiated with a Overweight rating and assigned the stock a target price of $28.

On March 11, 2021, Maxim Group started tracking the stock assigning a Buy rating and target price of $40.

H.C. Wainwright reiterated its Buy rating for the stock on January 26, 2021, while the target price for the stock was revised from $16 to $40.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 20 ’24 when Barrett Burke Thomas bought 10,000 shares for $8.56 per share. The transaction valued at 85,600 led to the insider holds 10,000 shares of the business.

DUGGAN ROBERT W bought 17,999 shares of PLSE for $164,691 on Dec 12 ’23. The Director now owns 36,984,179 shares after completing the transaction at $9.15 per share. On Dec 11 ’23, another insider, DUGGAN ROBERT W, who serves as the Director of the company, bought 90,118 shares for $9.36 each. As a result, the insider paid 843,504 and bolstered with 36,966,180 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, PLSE now has a Market Capitalization of 1095257728 and an Enterprise Value of 1077704576.

Stock Price History:

Over the past 52 weeks, PLSE has reached a high of $22.69, while it has fallen to a 52-week low of $3.78. The 50-Day Moving Average of the stock is 1.60%, while the 200-Day Moving Average is calculated to be 53.48%.

Shares Statistics:

The stock has traded on average 230.46K shares per day over the past 3-months and 196910 shares per day over the last 10 days, according to various share statistics. A total of 55.14M shares are outstanding, with a floating share count of 17.04M. Insiders hold about 72.20% of the company’s shares, while institutions hold 7.92% stake in the company. Shares short for PLSE as of 1724976000 were 2795264 with a Short Ratio of 12.13, compared to 1722384000 on 2908939. Therefore, it implies a Short% of Shares Outstanding of 2795264 and a Short% of Float of 14.29.

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