A new trading day began on November 20, 2023, with Pharvaris NV (NASDAQ: PHVS) stock priced at $15.83, down -5.88% from the previous day of trading. During the day, the shares moved up to $16.15 and dropped to $15.00 before settling in for the closing price of $16.15. PHVS’s price has ranged from $1.77 to $26.86 over the past 52 weeks.
Meanwhile, its annual earnings per share averaged 0.25%. With a float of $13.28 million, this company’s outstanding shares have now reached $33.82 million.
Let’s determine the extent of company efficiency that accounts for 65 employees.
Pharvaris NV (PHVS) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Biotechnology Industry. The insider ownership of Pharvaris NV is 67.49%, while institutional ownership is 21.68%.
Pharvaris NV (PHVS) Earnings and Forecasts
In its latest quarterly report, released on 9/29/2023, the company reported earnings of -$0.63 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a return on equity of -40.89. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.61 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 0.25% per share during the next fiscal year.
Pharvaris NV (NASDAQ: PHVS) Trading Performance Indicators
Here are Pharvaris NV’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 10.46.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.22, a number that is poised to hit -0.66 in the next quarter and is forecasted to reach -2.36 in one year’s time.
Technical Analysis of Pharvaris NV (PHVS)
Looking closely at Pharvaris NV (NASDAQ: PHVS), its last 5-days average volume was 0.2 million, which is a jump from its year-to-date volume of 46412.0. As of the previous 9 days, the stock’s Stochastic %D was 8.69%. Additionally, its Average True Range was 1.53.
During the past 100 days, Pharvaris NV’s (PHVS) raw stochastic average was set at 11.73%, which indicates a significant increase from 4.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 93.65% in the past 14 days, which was higher than the 81.52% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.71, while its 200-day Moving Average is $13.63. However, in the short run, Pharvaris NV’s stock first resistance to watch stands at $15.90. Second resistance stands at $16.60. The third major resistance level sits at $17.05. If the price goes on to break the first support level at $14.75, it is likely to go to the next support level at $14.30. Should the price break the second support level, the third support level stands at $13.60.
Pharvaris NV (NASDAQ: PHVS) Key Stats
With a market capitalization of 621.07 million, the company has a total of 31,840K Shares Outstanding. Currently, annual sales are 0 K while annual income is -80,420 K. The company’s previous quarter sales were 0 K while its latest quarter income was -25,680 K.