Paragon 28 Inc (NYSE: FNA) on Tuesday, soared 7.23% from the previous trading day, before settling in for the closing price of $4.84. Within the past 52 weeks, FNA’s price has moved between $4.66 and $14.79.
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Annual sales at Healthcare sector company grew by 19.90% over the past five years. The company achieved an average annual earnings per share of -13.79%. With a float of $38.74 million, this company’s outstanding shares have now reached $82.83 million.
Let’s look at the performance matrix of the company that is accounted for 574 employees. In terms of profitability, gross margin is 73.31%, operating margin of -18.64%, and the pretax margin is -23.97%.
Paragon 28 Inc (FNA) Insider Updates
Observing investor behavior towards Medical Devices industry stocks is more important than anything else. The insider ownership of Paragon 28 Inc is 53.63%, while institutional ownership is 46.93%. The most recent insider transaction that took place on Mar 15 ’24, was worth 255,226. In this transaction an insider of this company bought 28,000 shares at a rate of $9.12, taking the stock ownership to the 5,339,110 shares. Before that another transaction happened on Nov 10 ’23, when Company’s see remarks bought 30,500 for $8.51, making the entire transaction worth $259,555. This insider now owns 5,311,110 shares in total.
Paragon 28 Inc (FNA) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -13.79% per share during the next fiscal year.
Paragon 28 Inc (NYSE: FNA) Trading Performance Indicators
Paragon 28 Inc (FNA) is currently performing well based on its current performance indicators. A quick ratio of 1.70 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 1.84.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.83, a number that is poised to hit -0.16 in the next quarter and is forecasted to reach -0.47 in one year’s time.
Technical Analysis of Paragon 28 Inc (FNA)
Paragon 28 Inc (NYSE: FNA) saw its 5-day average volume 0.68 million, a positive change from its year-to-date volume of 0.59 million. As of the previous 9 days, the stock’s Stochastic %D was 25.67%. Additionally, its Average True Range was 0.40.
During the past 100 days, Paragon 28 Inc’s (FNA) raw stochastic average was set at 12.22%, which indicates a significant decrease from 37.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 68.98% in the past 14 days, which was lower than the 78.13% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.62, while its 200-day Moving Average is $8.76. Nevertheless, the first resistance level for the watch stands at $5.37 in the near term. At $5.55, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.91. If the price goes on to break the first support level at $4.83, it is likely to go to the next support level at $4.47. Assuming the price breaks the second support level, the third support level stands at $4.29.
Paragon 28 Inc (NYSE: FNA) Key Stats
Market capitalization of the company is 433.57 million based on 83,542K outstanding shares. Right now, sales total 216,390 K and income totals -47,840 K. The company made 61,020 K in profit during its latest quarter, and -13,780 K in sales during its previous quarter.
