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.
As of close of business last night, PaxMedica Inc’s stock clocked out at $0.76, down -0.29% from its previous closing price of $0.76. In other words, the price has decreased by -$0.29 from its previous closing price. On the day, 0.52 million shares were traded. PXMD stock price reached its highest trading level at $0.81 during the session, while it also had its lowest trading level at $0.704.
Ratios:
To gain a deeper understanding of PXMD’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.16 and its Current Ratio is at 3.16. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jan 29 ’24 when Rome Zachary sold 811 shares for $0.48 per share. The transaction valued at 389 led to the insider holds 15,148 shares of the business.
Weisman Howard J. sold 372 shares of PXMD for $175 on Jan 29 ’24. The Chief Executive Officer now owns 37,675 shares after completing the transaction at $0.47 per share. On Jan 29 ’24, another insider, LaRochelle Karen, who serves as the Director of the company, sold 78 shares for $0.48 each. As a result, the insider received 37 and left with 2,829 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, PXMD now has a Market Capitalization of 5680598 and an Enterprise Value of 926161.
Stock Price History:
Over the past 52 weeks, PXMD has reached a high of $38.93, while it has fallen to a 52-week low of $0.37. The 50-Day Moving Average of the stock is 29.47%, while the 200-Day Moving Average is calculated to be -80.66%.
Shares Statistics:
It appears that PXMD traded 2.38M shares on average per day over the past three months and 13638810 shares per day over the past ten days. A total of 7.40M shares are outstanding, with a floating share count of 6.78M. Insiders hold about 9.12% of the company’s shares, while institutions hold 1.48% stake in the company. Shares short for PXMD as of 1711584000 were 133720 with a Short Ratio of 0.06, compared to 1709164800 on 26057. Therefore, it implies a Short% of Shares Outstanding of 133720 and a Short% of Float of 1.9199998999999999.
Earnings Estimates
The dynamic stock of PaxMedica Inc (PXMD) is currently attracting attention from Pioneer Natural Resources Compa analysts actively involved in rating its market status.The consensus estimate for the next quarter is $1.86, with high estimates of $0.76 and low estimates of $20.62.
