Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $8.72 in the prior trading day, Prothena Corporation plc (NASDAQ: PRTA) closed at $8.50, down -2.52%. In other words, the price has decreased by -$2.52 from its previous closing price. On the day, 5.56 million shares were traded. PRTA stock price reached its highest trading level at $9.5 during the session, while it also had its lowest trading level at $8.25.
Ratios:
Our goal is to gain a better understanding of PRTA by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 10.01 and its Current Ratio is at 10.01. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 14 ’25 when SCULLY WILLIAM P bought 100,000 shares for $12.79 per share. The transaction valued at 1,279,040 led to the insider holds 735,993 shares of the business.
SCULLY WILLIAM P bought 73,436 shares of PRTA for $1,022,670 on Dec 18 ’24. The 10% Owner now owns 1,297,693 shares after completing the transaction at $13.93 per share. On Dec 31 ’24, another insider, SCULLY WILLIAM P, who serves as the 10% Owner of the company, bought 32,000 shares for $13.01 each. As a result, the insider paid 416,393 and bolstered with 650,193 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, PRTA now has a Market Capitalization of 457529504 and an Enterprise Value of -3015653. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.39 while its Price-to-Book (P/B) ratio in mrq is 0.94. Its current Enterprise Value per Revenue stands at -0.022 whereas that against EBITDA is 0.02.
Stock Price History:
The Beta on a monthly basis for PRTA is 0.12, which has changed by -0.64195454 over the last 52 weeks, in comparison to a change of 0.09765589 over the same period for the S&P500. Over the past 52 weeks, PRTA has reached a high of $25.42, while it has fallen to a 52-week low of $8.58. The 50-Day Moving Average of the stock is -30.09%, while the 200-Day Moving Average is calculated to be -47.34%.
Shares Statistics:
The stock has traded on average 597.27K shares per day over the past 3-months and 1307060 shares per day over the last 10 days, according to various share statistics. A total of 53.83M shares are outstanding, with a floating share count of 42.50M. Insiders hold about 21.05% of the company’s shares, while institutions hold 98.06% stake in the company. Shares short for PRTA as of 1744675200 were 7922712 with a Short Ratio of 13.26, compared to 1741910400 on 8779086. Therefore, it implies a Short% of Shares Outstanding of 7922712 and a Short% of Float of 27.689999999999998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
