In the latest session, Prothena Corporation plc (NASDAQ: PRTA) closed at $21.99 down -1.12% from its previous closing price of $22.24. On the day, 530673 shares were traded.
Ratios:
For a deeper understanding of Prothena Corporation plc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 11.24 and its Current Ratio is at 11.24. 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 the company, BofA Securities on January 30, 2024, Downgraded its rating to Neutral and sets its target price to $38 from $68 previously.
On December 12, 2023, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $62.
On April 24, 2023, SVB Securities started tracking the stock assigning a Outperform rating and target price of $80.SVB Securities initiated its Outperform rating on April 24, 2023, with a $80 target price.
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 24 ’24 when Walker Karin L sold 5,000 shares for $34.00 per share. The transaction valued at 170,000 led to the insider holds 0 shares of the business.
Walker Karin L sold 5,000 shares of PRTA for $185,952 on Dec 20 ’23. The Chief Accounting Officer now owns 0 shares after completing the transaction at $37.19 per share. On Nov 30 ’23, another insider, Walker Karin L, who serves as the Chief Accounting Officer of the company, sold 5,000 shares for $34.00 each. As a result, the insider received 170,000 and left with 0 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 12.93 while its Price-to-Book (P/B) ratio in mrq is 2.10.
Stock Price History:
Over the past 52 weeks, PRTA has reached a high of $79.65, while it has fallen to a 52-week low of $21.90.
Shares Statistics:
A total of 53.68M shares are outstanding, with a floating share count of 46.39M. Insiders hold about 13.65% of the company’s shares, while institutions hold 98.81% stake in the company.
Earnings Estimates
There are Prothena Corporation plc different market analysts currently analyzing its stock. The consensus estimate for the next quarter is $1.40, with high estimates of $23.02 and low estimates of $0.34.
Analysts are recommending an EPS of between $Financial Services and $Healthcare for the fiscal current year, implying an average EPS of $Consumer Cyclical.
