Now that Pliant Therapeutics Inc.’s volume has hit 3.17 million, investors get a glimpse of its size.

Pliant Therapeutics Inc. (NASDAQ: PLRX) kicked off on January 24, 2023, at the price of $31.07, up 8.78% from the previous trading day. During the day, the shares moved up to $33.29 and dropped to $30.42 before settling in for the closing price of $30.28. Over the past 52 weeks, PLRX has traded in a range of $3.96-$36.50.


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While this was happening, its average annual earnings per share was recorded -39.40%. With a float of $45.52 million, this company’s outstanding shares have now reached $46.80 million.

In an organization with 91 employees, it is important to assess its efficiency. In terms of profitability, gross margin is +57.69, operating margin of -1288.10, and the pretax margin is -1284.51.

Pliant Therapeutics Inc. (PLRX) Insider Updates

Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of Pliant Therapeutics Inc. is 0.90%, while institutional ownership is 94.20%. The most recent insider transaction that took place on Jan 09, was worth 95,829. In this transaction President and CEO of this company sold 5,000 shares at a rate of $19.17, taking the stock ownership to the 93,812 shares. Before that another transaction happened on Jan 06, when Company’s President and CEO sold 15,000 for $19.04, making the entire transaction worth $285,584. This insider now owns 93,812 shares in total.

Pliant Therapeutics Inc. (PLRX) Performance Highlights and Predictions

In the latest quarterly report, which was put into the public domain on 6/29/2022, the organization reported -$0.82 earnings per share (EPS), lower than consensus estimate (set at -$0.81) by -$0.01. This company achieved a net margin of -1284.51 while generating a return on equity of -40.35. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.74 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -39.40% per share during the next fiscal year.

Pliant Therapeutics Inc. (NASDAQ: PLRX) Trading Performance Indicators

Take a look at Pliant Therapeutics Inc.’s (PLRX) current performance indicators. Last quarter, stock had a quick ratio of 14.00. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 161.34.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.93, a number that is poised to hit -0.70 in the next quarter and is forecasted to reach -3.00 in one year’s time.

Technical Analysis of Pliant Therapeutics Inc. (PLRX)

Let’s dig in a bit further. During the last 5-days, its volume was 3.51 million. That was better than the volume of 1.57 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 73.68%. Additionally, its Average True Range was 2.12.

During the past 100 days, Pliant Therapeutics Inc.’s (PLRX) raw stochastic average was set at 82.27%, which indicates a significant increase from 80.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 129.91% in the past 14 days, which was higher than the 73.23% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $20.09, while its 200-day Moving Average is $16.22. However, in the short run, Pliant Therapeutics Inc.’s stock first resistance to watch stands at $34.01. Second resistance stands at $35.09. The third major resistance level sits at $36.88. If the price goes on to break the first support level at $31.14, it is likely to go to the next support level at $29.35. Assuming the price breaks the second support level, the third support level stands at $28.27.

Pliant Therapeutics Inc. (NASDAQ: PLRX) Key Stats

The company with the Market Capitalisation of 1.56 billion has total of 48,759K Shares Outstanding. Its annual sales at the moment are 7,570 K in contrast with the sum of -97,260 K annual income. Company’s last quarter sales were recorded 1,480 K and last quarter income was -30,620 K.

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