The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
PDS Biotechnology Corporation (NASDAQ: PDSB) closed the day trading at $1.41 down -10.19% from the previous closing price of $1.57. In other words, the price has decreased by -$10.19 from its previous closing price. On the day, 0.68 million shares were traded. PDSB stock price reached its highest trading level at $1.535 during the session, while it also had its lowest trading level at $1.38.
Ratios:
For a better understanding of PDSB, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.84 and its Current Ratio is at 2.84. In the meantime, Its Debt-to-Equity ratio is 1.12 whereas as Long-Term Debt/Eq ratio is at 0.55.
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, B. Riley Securities on November 01, 2022, initiated with a Buy rating and assigned the stock a target price of $10.
On June 28, 2021, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $25.
H.C. Wainwright Upgraded its Neutral to Buy on November 10, 2020, while the target price for the stock was maintained at $6.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PDSB now has a Market Capitalization of 52746828 and an Enterprise Value of 40652460.
Stock Price History:
Over the past 52 weeks, PDSB has reached a high of $6.68, while it has fallen to a 52-week low of $1.53. The 50-Day Moving Average of the stock is -36.68%, while the 200-Day Moving Average is calculated to be -53.51%.
Shares Statistics:
Over the past 3-months, PDSB traded about 404.47K shares per day on average, while over the past 10 days, PDSB traded about 340180 shares per day. A total of 36.82M shares are outstanding, with a floating share count of 36.02M. Insiders hold about 3.70% of the company’s shares, while institutions hold 11.58% stake in the company. Shares short for PDSB as of 1730332800 were 4470783 with a Short Ratio of 10.05, compared to 1727654400 on 4793849. Therefore, it implies a Short% of Shares Outstanding of 4470783 and a Short% of Float of 12.560001000000002.
