With 1.27 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.18 million shares. The 52-week range on PPTA shows that it touched its highest point at $17.96 and its lowest point at $5.01 during that stretch. It currently has a 1-year price target of $20.12. Beta for the stock currently stands at 0.71.
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 PPTA was up-trending over the past week, with a rise of 24.87%, but this was up by 17.92% over a month. Three-month performance surged to 96.05% while six-month performance rose 64.02%. The stock gained 156.57% in the past year, while it has gained 62.79% so far this year. A look at the trailing 12-month EPS for PPTA yields -0.29 with Next year EPS estimates of -0.36. For the next quarter, that number is -0.06. This implies an EPS growth rate of -27.27% for this year and -28.57% for next year.
Float and Shares Shorts:
At present, 71.29 million PPTA shares are outstanding with a float of 70.91 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 PPTA since 1 analysts follow the stock currently. There are 1 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 -$0.19301 being high and -$0.25396 being low. For PPTA, this leads to a yearly average estimate of -$0.21333.
