With 1.6 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.95 million shares. The 52-week range on PLRX shows that it touched its highest point at $16.10 and its lowest point at $1.10 during that stretch. It currently has a 1-year price target of $4.79. Beta for the stock currently stands at 1.34.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PLRX was down-trending over the past week, with a drop of -8.16%, but this was down by -7.53% over a month. Three-month performance dropped to -54.70% while six-month performance fell -90.20%. The stock lost -91.21% in the past year, while it has lost -89.75% so far this year. A look at the trailing 12-month EPS for PLRX yields -3.61 with Next year EPS estimates of -2.22. For the next quarter, that number is -0.69. This implies an EPS growth rate of 23.34% for this year and 16.61% for next year. EPS is expected to grow by 21.07% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -78.30%.
Float and Shares Shorts:
At present, 61.39 million PLRX shares are outstanding with a float of 54.10 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PLRX since 5 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$3.49513 being high and -$3.62205 being low. For PLRX, this leads to a yearly average estimate of -$3.56347. Based on analyst estimates, the high estimate for the next quarter is -$0.36 and the low estimate is -$0.57. The average estimate for the next quarter is thus -$0.48.
