ProKidney Corp (NASDAQ: PROK) closed the day trading at $1.49 down -0.67% from the previous closing price of $1.50. In other words, the price has decreased by -$0.0100 from its previous closing price. On the day, 1009953 shares were traded. PROK stock price reached its highest trading level at $1.5650 during the session, while it also had its lowest trading level at $1.4701.
Ratios:
For a better understanding of PROK, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 19.37 and its Current Ratio is at 19.37.
On July 25, 2023, BTIG Research started tracking the stock assigning a Buy rating and target price of $16.BTIG Research initiated its Buy rating on July 25, 2023, with a $16 target price.
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 Nov 19 ’23 when Palihapitiya Chamath sold 7,256,367 shares for $1.31 per share. The transaction valued at 9,498,584 led to the insider holds 0 shares of the business.
Palihapitiya Chamath sold 258,400 shares of PROK for $308,400 on Nov 17 ’23. The 10% Owner now owns 5,183,367 shares after completing the transaction at $1.19 per share. On Nov 16 ’23, another insider, Palihapitiya Chamath, who serves as the 10% Owner of the company, sold 212,100 shares for $1.22 each. As a result, the insider received 259,398 and left with 5,441,767 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, PROK now has a Market Capitalization of 737.25M and an Enterprise Value of -292.06M.
Stock Price History:
Over the past 52 weeks, PROK has reached a high of $14.19, while it has fallen to a 52-week low of $1.12. The 50-Day Moving Average of the stock is 1.4722, while the 200-Day Moving Average is calculated to be 5.3917.
Shares Statistics:
Over the past 3-months, PROK traded about 613.22K shares per day on average, while over the past 10 days, PROK traded about 687.29k shares per day. A total of 61.54M shares are outstanding, with a floating share count of 48.73M. Insiders hold about 27.41% of the company’s shares, while institutions hold 52.62% stake in the company. Shares short for PROK as of Feb 29, 2024 were 14.3M with a Short Ratio of 23.32, compared to 13.08M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 21.07% and a Short% of Float of 21.15%.
Earnings Estimates
Current recommendations for the stock of the company come from 4 analysts. On average, analysts expect EPS of -$0.17 for the current quarter, with a high estimate of -$0.14 and a low estimate of -$0.22, while EPS last year was -$0.11. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between -$0.61 and -$0.68 for the fiscal current year, implying an average EPS of -$0.65. EPS for the following year is -$0.62, with 5 analysts recommending between -$0.17 and -$0.82.
