Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The closing price of Prothena Corporation plc (NASDAQ: PRTA) was $13.05 for the day, down -7.84% from the previous closing price of $14.16. In other words, the price has decreased by -$7.84 from its previous closing price. On the day, 0.52 million shares were traded. PRTA stock price reached its highest trading level at $13.91 during the session, while it also had its lowest trading level at $12.84.
Ratios:
Our analysis of PRTA’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 11.52 and its Current Ratio is at 11.52. 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.
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 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.
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 702203520 and an Enterprise Value of 194435952. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.27 while its Price-to-Book (P/B) ratio in mrq is 1.31. Its current Enterprise Value per Revenue stands at 1.458 whereas that against EBITDA is -1.163.
Stock Price History:
The Beta on a monthly basis for PRTA is 0.08, which has changed by -0.60597825 over the last 52 weeks, in comparison to a change of 0.22263205 over the same period for the S&P500. Over the past 52 weeks, PRTA has reached a high of $41.54, while it has fallen to a 52-week low of $11.70. The 50-Day Moving Average of the stock is -13.76%, while the 200-Day Moving Average is calculated to be -33.17%.
Shares Statistics:
PRTA traded an average of 556.68K shares per day over the past three months and 552500 shares per day over the past ten days. A total of 53.81M shares are outstanding, with a floating share count of 44.79M. Insiders hold about 16.76% of the company’s shares, while institutions hold 94.78% stake in the company. Shares short for PRTA as of 1734048000 were 8797843 with a Short Ratio of 15.75, compared to 1731628800 on 7877213. Therefore, it implies a Short% of Shares Outstanding of 8797843 and a Short% of Float of 25.759999999999998.
