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 PTC Therapeutics Inc (NASDAQ: PTCT) was $51.93 for the day, up 0.25% from the previous closing price of $51.80. In other words, the price has increased by $0.25 from its previous closing price. On the day, 0.88 million shares were traded.
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 2.31 and its Current Ratio is at 2.35.
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, Morgan Stanley on December 13, 2024, Upgraded its rating to Overweight and sets its target price to $67 from $45 previously.
On December 03, 2024, RBC Capital Mkts Upgraded its rating to Outperform which previously was Sector Perform and also upped its target price recommendation from $39 to $63.
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 Mar 04 ’25 when Jacobson Allan Steven bought 1,230 shares for $51.52 per share.
Utter Christine Marie sold 879 shares of PTCT for $44,034 on Feb 19 ’25. The SVP, CHIEF ACCOUNTING OFFICER now owns 63,442 shares after completing the transaction at $50.10 per share. On Feb 20 ’25, another insider, Utter Christine Marie, who serves as the SVP, CHIEF ACCOUNTING OFFICER of the company, sold 878 shares for $50.12 each. As a result, the insider received 44,009 and left with 62,564 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 5.08.
Stock Price History:
Over the past 52 weeks, PTCT has reached a high of $55.60, while it has fallen to a 52-week low of $24.00. The 50-Day Moving Average of the stock is 9.33%, while the 200-Day Moving Average is calculated to be 30.16%.
Shares Statistics:
A total of 77.70M shares are outstanding, with a floating share count of 76.80M. Insiders hold about 2.62% of the company’s shares, while institutions hold 97.66% stake in the company.
