PaxMedica Inc (PXMD) Stock Price Fluctuations: Highs and Lows

In the latest session, PaxMedica Inc (NASDAQ: PXMD) closed at $0.60 down -13.03% from its previous closing price of $0.69. In other words, the price has decreased by -$0.0899 from its previous closing price. On the day, 5973090 shares were traded.

Ratios:

For a deeper understanding of PaxMedica Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.16 and its Current Ratio is at 3.16. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

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 Jan 29 ’24 when Rome Zachary sold 811 shares for $0.48 per share. The transaction valued at 389 led to the insider holds 15,148 shares of the business.

Weisman Howard J. sold 372 shares of PXMD for $175 on Jan 29 ’24. The Chief Executive Officer now owns 37,675 shares after completing the transaction at $0.47 per share. On Jan 29 ’24, another insider, LaRochelle Karen, who serves as the Director of the company, sold 78 shares for $0.48 each. As a result, the insider received 37 and left with 2,829 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, PXMD now has a Market Capitalization of 4.45M and an Enterprise Value of 4.87M.

Stock Price History:

Over the past 52 weeks, PXMD has reached a high of $48.45, while it has fallen to a 52-week low of $0.37. The 50-Day Moving Average of the stock is 0.5865, while the 200-Day Moving Average is calculated to be 6.1933.

Shares Statistics:

For the past three months, PXMD has traded an average of 218.18K shares per day and 698.68k over the past ten days. A total of 7.40M shares are outstanding, with a floating share count of 6.27M. Insiders hold about 15.23% of the company’s shares, while institutions hold 1.50% stake in the company. Shares short for PXMD as of Feb 29, 2024 were 26.06k with a Short Ratio of 0.12, compared to 12.86k on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.58% and a Short% of Float of 0.64%.

Earnings Estimates

There are 1 different market analysts currently analyzing its stock. The consensus estimate for the next quarter is -$0.3, with high estimates of -$0.3 and low estimates of -$0.3.

Analysts are recommending an EPS of between -$1.09 and -$1.09 for the fiscal current year, implying an average EPS of -$1.09. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.

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