PMV Pharmaceuticals Inc. (NASDAQ:PMVP) went down by -1.76% from its latest closing price compared to the recent 1-year high of $25.10. The company’s stock price has collected -2.14% of loss in the last five trading sessions.
Is It Worth Investing in PMV Pharmaceuticals Inc. (NASDAQ :PMVP) Right Now?
Opinions of the stock are interesting as 7 analysts out of 7 who provided ratings for PMV Pharmaceuticals Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $34.00, which is $23.93 above the current price. PMVP currently public float of 44.72M and currently shorts hold a 25.80% ratio of that float. Today, the average trading volume of PMVP was 628.78K shares.
PMVP’s Market Performance
PMVP stocks went down by -2.14% for the week, with a monthly drop of -16.57% and a quarterly performance of -30.65%, while its annual performance rate touched -59.46%. The volatility ratio for the week stands at 6.63% while the volatility levels for the past 30 days are set at 8.02% for PMV Pharmaceuticals Inc. The simple moving average for the period of the last 20 days is -9.10% for PMVP stocks with a simple moving average of -30.75% for the last 200 days.
Analysts’ Opinion of PMVP
Many brokerage firms have already submitted their reports for PMVP stocks, with Oppenheimer repeating the rating for PMVP by listing it as a “Outperform.” The predicted price for PMVP in the upcoming period, according to Oppenheimer is $30 based on the research report published on March 02nd of the current year 2022.
Goldman, on the other hand, stated in their research note that they expect to see PMVP reach a price target of $43, previously predicting the price at $35. The rating they have provided for PMVP stocks is “Buy” according to the report published on September 22nd, 2021.
PMVP Trading at -13.99% from the 50-Day Moving Average
After a stumble in the market that brought PMVP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -59.88% of loss for the given period.
Volatility was left at 8.02%, however, over the last 30 days, the volatility rate increased by 6.63%, as shares sank -15.31% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -22.54% lower at present.
During the last 5 trading sessions, PMVP fell by -2.14%, which changed the moving average for the period of 200-days by -33.84% in comparison to the 20-day moving average, which settled at $10.99. In addition, PMV Pharmaceuticals Inc. saw -56.41% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at PMVP starting from ORBIMED ADVISORS LLC, who sale 26,253 shares at the price of $15.93 back on May 26. After this action, ORBIMED ADVISORS LLC now owns 87,786 shares of PMV Pharmaceuticals Inc., valued at $418,210 using the latest closing price.
ORBIMED ADVISORS LLC, the 10% Owner of PMV Pharmaceuticals Inc., sale 34,500 shares at $21.17 during a trade that took place back on Mar 31, which means that ORBIMED ADVISORS LLC is holding 0 shares at $730,365 based on the most recent closing price.
Stock Fundamentals for PMVP
Equity return is now at value -25.40, with -23.50 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 24.66.