Analyst Expects Praxis Precision Medicines Inc (NASDAQ: PRAX) To Make Big Moves

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

Stocks Info

As a NASDAQ listed company, PRAX falls under the Healthcare sector while operating within the Biotechnology industry segment. The current market capitalization of Praxis Precision Medicines Inc is $1.15B. A total of 0.55 million shares were traded on the day, compared to an average of 354.49K 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.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, PRAX has a high of $91.83 and a low of $26.70.

As of this writing, PRAX has an earnings estimate of -$3.36 per share for the current quarter. EPS was calculated based on a consensus of 10.0 estimates, with a high estimate of -$2.93 per share and a lower estimate of -$3.96.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. 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 $21.59, while its Total Shareholder’s Equity was $250.81M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock.

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