PaxMedica Inc (PXMD) 14-day ATR is 0.11: This Stock is Set to Soar Above its Peers

As on Wednesday, PaxMedica Inc (NASDAQ: PXMD) started slowly as it slid -7.61% to $0.69, before settling in for the price of $0.75 at the close. Taking a more long-term approach, PXMD posted a 52-week range of $0.37-$29.75.

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In the past 5-years timespan, the Healthcare sector firm’s annual sales growth was 0.00%. This publicly-traded company’s shares outstanding now amounts to $7.40 million, simultaneously with a float of $6.78 million. The organization now has a market capitalization sitting at $5.14 million. At the time of writing, stock’s 50-day Moving Average stood at $0.6282, while the 200-day Moving Average is $3.3355.

PaxMedica Inc (PXMD) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Biotechnology industry. PaxMedica Inc’s current insider ownership accounts for 9.12%, in contrast to 1.48% institutional ownership. According to the most recent insider trade that took place on Jan 29 ’24, this organization’s Director sold 811 shares at the rate of 0.48, making the entire transaction reach 389 in total value, affecting insider ownership by 15,148. Preceding that transaction, on Jan 29 ’24, Company’s Chief Executive Officer sold 372 for 0.47, making the whole transaction’s value amount to 175. This particular insider is now the holder of 37,675 in total.

PaxMedica Inc (PXMD) Earnings and Revenue Records

If we go through the results of last quarter, which was made public on 12/31/2023, the company posted -1.45 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -0.88) by -0.57. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.3 per share during the current fiscal year.

PaxMedica Inc (NASDAQ: PXMD) Trading Performance Indicators

Let’s observe the current performance indicators for PaxMedica Inc (PXMD). It’s Quick Ratio in the last reported quarter now stands at 3.16. The Stock has managed to achieve an average true range (ATR) of 0.11.

In the same vein, PXMD’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -15.19.

Technical Analysis of PaxMedica Inc (PXMD)

Through scrutinizing the latest numbers posted by the [PaxMedica Inc, PXMD], it can be observed that its last 5-days Average volume of 0.47 million was lower the volume of 1.86 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 35.65% While, its Average True Range was 0.1032.

Raw Stochastic average of PaxMedica Inc (PXMD) in the period of the previous 100 days is set at 38.67%, which indicates a major rise in contrast to 21.61% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 318.93% that was higher than 154.62% volatility it exhibited in the past 100-days period.