Passage Bio Inc (PASG) distance from 200-day Simple Moving Average is $1.0320: Right on the Precipice

Passage Bio Inc (NASDAQ: PASG) open the trading on Thursday, with great promise as it jumped 11.40% to $0.64, before settling in for the price of $0.58 at the close. Taking a more long-term approach, PASG posted a 52-week range of $0.54-$1.79.

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The Healthcare Sector giants’ yearly sales growth during the last 5-year period was 0.00%. Meanwhile, its Annual Earning per share during the time was -46.23%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 58.69%. This publicly-traded company’s shares outstanding now amounts to $54.94 million, simultaneously with a float of $51.17 million. The organization now has a market capitalization sitting at $39.84 million. At the time of writing, stock’s 50-day Moving Average stood at $0.6765, while the 200-day Moving Average is $1.0320.

Passage Bio Inc (PASG) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Biotechnology industry. Passage Bio Inc’s current insider ownership accounts for 17.16%, in contrast to 39.71% institutional ownership. According to the most recent insider trade that took place on Sep 19 ’24, this organization’s 10% Owner sold 39,300 shares at the rate of 0.71, making the entire transaction reach 27,903 in total value, affecting insider ownership by 7,794,569. Preceding that transaction, on Sep 17 ’24, Company’s 10% Owner sold 111,400 for 0.73, making the whole transaction’s value amount to 81,322. This particular insider is now the holder of 7,859,500 in total.

Passage Bio Inc (PASG) Earnings and Revenue Records

Passage Bio Inc’s EPS increase for this current 12-month fiscal period is 58.69% and is forecasted to reach -0.68 in the upcoming year.

Passage Bio Inc (NASDAQ: PASG) Trading Performance Indicators

Let’s observe the current performance indicators for Passage Bio Inc (PASG). It’s Quick Ratio in the last reported quarter now stands at 7.67. The Stock has managed to achieve an average true range (ATR) of 0.07.

In the same vein, PASG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.36, a figure that is expected to reach -0.24 in the next quarter, and analysts are predicting that it will be -0.68 at the market close of one year from today.

Technical Analysis of Passage Bio Inc (PASG)

[Passage Bio Inc, PASG] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 55.41% While, its Average True Range was 0.0697.

Raw Stochastic average of Passage Bio Inc (PASG) in the period of the previous 100 days is set at 13.29%, which indicates a major fall in contrast to 75.00% 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 70.29% that was lower than 82.95% volatility it exhibited in the past 100-days period.