Paragon 28 Inc (FNA) recent quarterly performance of -44.55% is not showing the real picture

Paragon 28 Inc (NYSE: FNA) started the day on Thursday, with a price decrease of -5.53% at $4.78, before settling in for the price of $5.06 at the close. Taking a more long-term approach, FNA posted a 52-week range of $4.84-$14.79.

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The company of the Healthcare sector’s yearbook sales growth during the past 5- year span was recorded 19.90%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -13.79%. This publicly-traded company’s shares outstanding now amounts to $82.83 million, simultaneously with a float of $38.87 million. The organization now has a market capitalization sitting at $399.32 million. At the time of writing, stock’s 50-day Moving Average stood at $6.79, while the 200-day Moving Average is $8.86.

Paragon 28 Inc (FNA) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Medical Devices Industry. Paragon 28 Inc’s current insider ownership accounts for 53.48%, in contrast to 46.91% institutional ownership. According to the most recent insider trade that took place on Mar 15 ’24, this organization’s insider bought 28,000 shares at the rate of 9.12, making the entire transaction reach 255,226 in total value, affecting insider ownership by 5,339,110. Preceding that transaction, on Nov 10 ’23, Company’s insider bought 30,500 for 8.51, making the whole transaction’s value amount to 259,555. This particular insider is now the holder of 5,311,110 in total.

Paragon 28 Inc (FNA) Earnings and Revenue Records

Paragon 28 Inc’s EPS decrease for this current 12-month fiscal period is -13.79% and is forecasted to reach -0.47 in the upcoming year.

Paragon 28 Inc (NYSE: FNA) Trading Performance Indicators

Let’s observe the current performance indicators for Paragon 28 Inc (FNA). It’s Quick Ratio in the last reported quarter now stands at 1.70. The Stock has managed to achieve an average true range (ATR) of 0.39. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.70.

In the same vein, FNA’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.83, a figure that is expected to reach -0.16 in the next quarter, and analysts are predicting that it will be -0.47 at the market close of one year from today.

Technical Analysis of Paragon 28 Inc (FNA)

If we take a close look at the recent performances of Paragon 28 Inc (NYSE: FNA), its last 5-days Average volume was 0.35 million that shows plunge from its year to date volume of 0.59 million. During the previous 9 days, stock’s Stochastic %D was recorded 18.55% While, its Average True Range was 0.37.

Raw Stochastic average of Paragon 28 Inc (FNA) in the period of the previous 100 days is set at 2.72%, which indicates a major fall in contrast to 8.36% 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 65.72% that was lower than 78.47% volatility it exhibited in the past 100-days period.