Passage Bio Inc (PASG)’s financial ratios: A comprehensive overview

In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.

In other words, the price has increased by $0.00 from its previous closing price. On the day, 0.23 million shares were traded. PASG stock price reached its highest trading level at $0.6289 during the session, while it also had its lowest trading level at $0.5872.

Ratios:

Our analysis of PASG’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 5.15 and its Current Ratio is at 5.15. In the meantime, Its Debt-to-Equity ratio is 0.36 whereas as Long-Term Debt/Eq ratio is at 0.30.

On September 03, 2024, Rodman & Renshaw started tracking the stock assigning a Buy rating and target price of $7.

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 Jan 10 ’25 when ORBIMED ADVISORS LLC sold 126,209 shares for $0.66 per share. The transaction valued at 83,298 led to the insider holds 7,131,636 shares of the business.

ORBIMED ADVISORS LLC sold 79,024 shares of PASG for $47,414 on Jan 14 ’25. The 10% Owner now owns 7,034,626 shares after completing the transaction at $0.60 per share. On Jan 13 ’25, another insider, ORBIMED ADVISORS LLC, who serves as the 10% Owner of the company, sold 17,986 shares for $0.64 each. As a result, the insider received 11,511 and left with 7,113,650 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, PASG now has a Market Capitalization of 37060380 and an Enterprise Value of -29166948.

Stock Price History:

The Beta on a monthly basis for PASG is 1.53, which has changed by -0.3384785 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, PASG has reached a high of $1.79, while it has fallen to a 52-week low of $0.45. The 50-Day Moving Average of the stock is -11.47%, while the 200-Day Moving Average is calculated to be -31.23%.

Shares Statistics:

PASG traded an average of 758.45K shares per day over the past three months and 387870 shares per day over the past ten days. A total of 61.77M shares are outstanding, with a floating share count of 51.70M. Insiders hold about 16.29% of the company’s shares, while institutions hold 44.00% stake in the company. Shares short for PASG as of 1730332800 were 1641302 with a Short Ratio of 5.08, compared to 1727654400 on 1701219. Therefore, it implies a Short% of Shares Outstanding of 1641302 and a Short% of Float of 3.19.

Most Popular