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The price of PTC Therapeutics Inc (NASDAQ: PTCT) closed at $36.43 in the last session, up 1.05% from day before closing price of $36.05. In other words, the price has increased by $1.05 from its previous closing price. On the day, 0.74 million shares were traded. PTCT stock price reached its highest trading level at $37.36 during the session, while it also had its lowest trading level at $35.92.
Ratios:
We take a closer look at PTCT’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.17 and its Current Ratio is at 2.23.
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, Robert W. Baird on September 04, 2024, initiated with a Outperform rating and assigned the stock a target price of $44.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jul 16 ’24 when Gravier Pierre sold 2,269 shares for $34.02 per share. The transaction valued at 77,200 led to the insider holds 53,531 shares of the business.
ZELDIS JEROME B sold 20,000 shares of PTCT for $764,800 on May 22 ’24. The Director now owns 14,500 shares after completing the transaction at $38.24 per share. On May 07 ’24, another insider, Golden Lee Scott, who serves as the EVP & CHIEF MEDICAL OFFICER of the company, sold 175 shares for $32.82 each. As a result, the insider received 5,744 and left with 59,813 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, PTCT now has a Market Capitalization of 2802348544 and an Enterprise Value of 4189438464. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.11. Its current Enterprise Value per Revenue stands at 4.653 whereas that against EBITDA is 329.384.
Stock Price History:
Over the past 52 weeks, PTCT has reached a high of $40.69, while it has fallen to a 52-week low of $17.53. The 50-Day Moving Average of the stock is 7.55%, while the 200-Day Moving Average is calculated to be 16.83%.
Shares Statistics:
According to the various share statistics, PTCT traded on average about 596.32K shares per day over the past 3-months and 855100 shares per day over the past 10 days. A total of 75.71M shares are outstanding, with a floating share count of 74.40M. Insiders hold about 3.29% of the company’s shares, while institutions hold 103.41% stake in the company. Shares short for PTCT as of 1726185600 were 5224493 with a Short Ratio of 8.76, compared to 1723680000 on 5946633. Therefore, it implies a Short% of Shares Outstanding of 5224493 and a Short% of Float of 10.58.
