Phathom Pharmaceuticals Inc (NASDAQ: PHAT) on Monday, soared 3.20% from the previous trading day, before settling in for the closing price of $17.52. Within the past 52 weeks, PHAT’s price has moved between $6.07 and $19.71.
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The company achieved an average annual earnings per share of -42.48%. With a float of $37.51 million, this company’s outstanding shares have now reached $57.97 million.
Let’s look at the performance matrix of the company that is accounted for 452 employees.
Phathom Pharmaceuticals Inc (PHAT) Insider Updates
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Phathom Pharmaceuticals Inc is 45.07%, while institutional ownership is 47.63%. The most recent insider transaction that took place on Jul 15 ’24, was worth 127,760. In this transaction Chief Operating Officer of this company sold 10,901 shares at a rate of $11.72, taking the stock ownership to the 240,421 shares. Before that another transaction happened on Jul 15 ’24, when Company’s CFO and CBO sold 4,325 for $11.72, making the entire transaction worth $50,689. This insider now owns 99,447 shares in total.
Phathom Pharmaceuticals Inc (PHAT) Performance Highlights and Predictions
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According to the Wall Street analysts, stocks earnings will be around -42.48% per share during the next fiscal year.
Phathom Pharmaceuticals Inc (NASDAQ: PHAT) Trading Performance Indicators
Phathom Pharmaceuticals Inc (PHAT) is currently performing well based on its current performance indicators. A quick ratio of 6.44 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 124.46.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -5.13, a number that is poised to hit -1.47 in the next quarter and is forecasted to reach -4.41 in one year’s time.
Technical Analysis of Phathom Pharmaceuticals Inc (PHAT)
Phathom Pharmaceuticals Inc (NASDAQ: PHAT) saw its 5-day average volume 0.92 million, a positive change from its year-to-date volume of 0.8 million. As of the previous 9 days, the stock’s Stochastic %D was 26.89%. Additionally, its Average True Range was 1.01.
During the past 100 days, Phathom Pharmaceuticals Inc’s (PHAT) raw stochastic average was set at 84.45%, which indicates a significant increase from 37.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.53% in the past 14 days, which was lower than the 61.77% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.79, while its 200-day Moving Average is $10.84. Nevertheless, the first resistance level for the watch stands at $18.52 in the near term. At $18.95, the stock is likely to face the second major resistance level. The third major resistance level sits at $19.61. If the price goes on to break the first support level at $17.43, it is likely to go to the next support level at $16.77. Assuming the price breaks the second support level, the third support level stands at $16.34.
Phathom Pharmaceuticals Inc (NASDAQ: PHAT) Key Stats
Market capitalization of the company is 1.23 billion based on 58,535K outstanding shares. Right now, sales total 680 K and income totals -201,590 K. The company made 7,320 K in profit during its latest quarter, and -91,450 K in sales during its previous quarter.
