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The closing price of PTC Therapeutics Inc (NASDAQ: PTCT) was $42.38 for the day, down -3.75% from the previous closing price of $44.03. In other words, the price has decreased by -$3.75 from its previous closing price. On the day, 0.66 million shares were traded. PTCT stock price reached its highest trading level at $44.28 during the session, while it also had its lowest trading level at $41.95.
Ratios:
Our analysis of PTCT’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.04 and its Current Ratio is at 2.10.
On September 04, 2024, Robert W. Baird started tracking the stock assigning a Outperform rating and target price of $44.
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 Jul 16 ’24 when Gravier Pierre sold 2,269 shares for $34.02 per share. The transaction valued at 77,200 led to the insider holds 53,531 shares of the business.
ZELDIS JEROME B sold 20,000 shares of PTCT for $764,800 on May 22 ’24. The Director now owns 14,500 shares after completing the transaction at $38.24 per share. On May 07 ’24, another insider, Golden Lee Scott, who serves as the EVP & CHIEF MEDICAL OFFICER of the company, sold 175 shares for $32.82 each. As a result, the insider received 5,744 and left with 59,813 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, PTCT now has a Market Capitalization of 3397363200 and an Enterprise Value of 4727434752. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.63. Its current Enterprise Value per Revenue stands at 5.249 whereas that against EBITDA is 216.378.
Stock Price History:
Over the past 52 weeks, PTCT has reached a high of $46.98, while it has fallen to a 52-week low of $19.05. The 50-Day Moving Average of the stock is 10.80%, while the 200-Day Moving Average is calculated to be 27.87%.
Shares Statistics:
PTCT traded an average of 687.55K shares per day over the past three months and 719180 shares per day over the past ten days. A total of 75.71M shares are outstanding, with a floating share count of 74.59M. Insiders hold about 3.29% of the company’s shares, while institutions hold 102.97% stake in the company. Shares short for PTCT as of 1730332800 were 4886780 with a Short Ratio of 7.11, compared to 1727654400 on 4272376. Therefore, it implies a Short% of Shares Outstanding of 4886780 and a Short% of Float of 9.8900005.
