In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Processa Pharmaceuticals Inc (NASDAQ: PCSA) closed the day trading at $0.25 down -4.31% from the previous closing price of $0.26. In other words, the price has decreased by -$4.31 from its previous closing price. On the day, 0.61 million shares were traded. PCSA stock price reached its highest trading level at $0.2533 during the session, while it also had its lowest trading level at $0.2201.
Ratios:
For a better understanding of PCSA, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.22 and its Current Ratio is at 1.22. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.00.
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, H.C. Wainwright on April 25, 2024, initiated with a Buy rating and assigned the stock a target price of $8.
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 27 ’25 when Yorke Justin W bought 12,400 shares for $0.80 per share. The transaction valued at 9,889 led to the insider holds 12,400 shares of the business.
Ng George K bought 87,200 shares of PCSA for $69,542 on Jan 27 ’25. The Chief Executive Officer now owns 87,200 shares after completing the transaction at $0.80 per share. On Jan 27 ’25, another insider, Young David, who serves as the Pres. Research & Development of the company, bought 124,500 shares for $0.80 each. As a result, the insider paid 99,289 and bolstered with 205,405 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, PCSA now has a Market Capitalization of 1310986 and an Enterprise Value of 193168.
Stock Price History:
The Beta on a monthly basis for PCSA is 1.40, which has changed by -0.83564353 over the last 52 weeks, in comparison to a change of 0.059571505 over the same period for the S&P500. Over the past 52 weeks, PCSA has reached a high of $3.10, while it has fallen to a 52-week low of $0.23. The 50-Day Moving Average of the stock is -47.84%, while the 200-Day Moving Average is calculated to be -77.14%.
Shares Statistics:
Over the past 3-months, PCSA traded about 1.24M shares per day on average, while over the past 10 days, PCSA traded about 6431200 shares per day. A total of 5.27M shares are outstanding, with a floating share count of 4.67M. Insiders hold about 11.36% of the company’s shares, while institutions hold 1.88% stake in the company. Shares short for PCSA as of 1743379200 were 91023 with a Short Ratio of 0.07, compared to 1740700800 on 133159. Therefore, it implies a Short% of Shares Outstanding of 91023 and a Short% of Float of 1.9299999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
