Value Investing Philosophy And Praxis Precision Medicines Inc (NASDAQ: PRAX)?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

PRAX belongs to the Healthcare sector of the NASDAQ while operating in the Biotechnology industry. The current market capitalization of Praxis Precision Medicines Inc is $1.46B. A total of 0.51 million shares were traded on the day, compared to an average of 330.17K shares.

In the most recent transaction, Nemiroff Alex sold 8,239 shares of PRAX for 80.20 per share on Nov 14 ’24. After the transaction, the General Counsel and Secretary now owns 10,301 company shares. In a previous transaction on Nov 14 ’24, Mastrocola Lauren sold 5,188 shares at 81.78 per share. PRAX shares that Principal Accounting Officer owns now total 5,613.

Among the insiders who bought shares, Mastrocola Lauren acquired of 5,189 shares on Nov 14 ’24 at a per-share price of $81.77. In another insider transaction, Nemiroff Alex bought 8,240 shares at $80.20 per share on Nov 14 ’24.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, PRAX has a high of $86.93 and a low of $33.01.

As of this writing, PRAX has an earnings estimate of -$2.82 per share for the current quarter. EPS was calculated based on a consensus of 8.0 estimates, with a high estimate of -$2.41 per share and a lower estimate of -$3.23.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. PRAX’s latest balance sheet shows that the firm has $275.91M in Cash & Short Term Investments as of fiscal 2021. There were $4.31M in debt and $38.43M in liabilities at the time. Its Book Value Per Share was $21.52, while its Total Shareholder’s Equity was $250.81M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PRAX is Buy with a score of 4.70.

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