Post-Trade Analysis: Prothena Corporation plc (PRTA) Climbs 3.41, Closing at 12.14

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After finishing at $11.74 in the prior trading day, Prothena Corporation plc (NASDAQ: PRTA) closed at $12.14, up 3.41%. In other words, the price has increased by $3.41 from its previous closing price. On the day, 0.56 million shares were traded. PRTA stock price reached its highest trading level at $12.195 during the session, while it also had its lowest trading level at $11.55.

Ratios:

Our goal is to gain a better understanding of PRTA by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 10.01 and its Current Ratio is at 10.01. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.

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, Chardan Capital Markets on December 20, 2024, initiated with a Buy rating and assigned the stock a target price of $40.

On January 30, 2024, BofA Securities Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $68 to $38.

On December 12, 2023, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $62.Deutsche Bank initiated its Buy rating on December 12, 2023, with a $62 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PRTA now has a Market Capitalization of 653459776 and an Enterprise Value of 171383776. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.83 while its Price-to-Book (P/B) ratio in mrq is 1.34. Its current Enterprise Value per Revenue stands at 1.268 whereas that against EBITDA is -1.115.

Stock Price History:

The Beta on a monthly basis for PRTA is 0.06, which has changed by -0.47807395 over the last 52 weeks, in comparison to a change of 0.101756096 over the same period for the S&P500. Over the past 52 weeks, PRTA has reached a high of $25.42, while it has fallen to a 52-week low of $11.42. The 50-Day Moving Average of the stock is -14.52%, while the 200-Day Moving Average is calculated to be -29.88%.

Shares Statistics:

The stock has traded on average 415.57K shares per day over the past 3-months and 523420 shares per day over the last 10 days, according to various share statistics. A total of 53.83M shares are outstanding, with a floating share count of 42.50M. Insiders hold about 21.05% of the company’s shares, while institutions hold 98.11% stake in the company. Shares short for PRTA as of 1741910400 were 8779086 with a Short Ratio of 21.13, compared to 1739491200 on 9034843. Therefore, it implies a Short% of Shares Outstanding of 8779086 and a Short% of Float of 25.69.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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