PHAT has 36-month beta value of 0.71. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 3 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for PHAT is 37.51M, and currently, short sellers hold a 46.80% ratio of that float. The average trading volume of PHAT on November 08, 2024 was 1.00M shares.
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PHAT) stock’s latest price update
Phathom Pharmaceuticals Inc (NASDAQ: PHAT)’s stock price has gone rise by 2.78 in comparison to its previous close of 18.00, however, the company has experienced a 7.87% increase in its stock price over the last five trading days. zacks.com reported 2024-11-07 that Phathom Pharmaceuticals, Inc. (PHAT) came out with a quarterly loss of $1.32 per share versus the Zacks Consensus Estimate of a loss of $1.57. This compares to loss of $0.76 per share a year ago.
PHAT’s Market Performance
Phathom Pharmaceuticals Inc (PHAT) has seen a 7.87% rise in stock performance for the week, with a 17.46% gain in the past month and a 57.45% surge in the past quarter. The volatility ratio for the week is 9.27%, and the volatility levels for the past 30 days are at 7.06% for PHAT. The simple moving average for the past 20 days is 9.85% for PHAT’s stock, with a 53.96% simple moving average for the past 200 days.
Analysts’ Opinion of PHAT
Many brokerage firms have already submitted their reports for PHAT stocks, with Stifel repeating the rating for PHAT by listing it as a “Buy.” The predicted price for PHAT in the upcoming period, according to Stifel is $24 based on the research report published on May 03, 2024 of the current year 2024.
Needham, on the other hand, stated in their research note that they expect to see PHAT reach a price target of $26, previously predicting the price at $23. The rating they have provided for PHAT stocks is “Buy” according to the report published on January 05th, 2024.
H.C. Wainwright gave a rating of “Buy” to PHAT, setting the target price at $28 in the report published on August 09th of the previous year.
PHAT Trading at 7.11% from the 50-Day Moving Average
After a stumble in the market that brought PHAT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.14% of loss for the given period.
Volatility was left at 7.06%, however, over the last 30 days, the volatility rate increased by 9.27%, as shares surge +17.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.13% upper at present.
During the last 5 trading sessions, PHAT rose by +7.87%, which changed the moving average for the period of 200-days by +175.91% in comparison to the 20-day moving average, which settled at $16.84. In addition, Phathom Pharmaceuticals Inc saw 102.63% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PHAT starting from Nabulsi Azmi, who sale 10,901 shares at the price of $11.72 back on Jul 15 ’24. After this action, Nabulsi Azmi now owns 240,421 shares of Phathom Pharmaceuticals Inc, valued at $127,760 using the latest closing price.
Henderson Molly, the CFO and CBO of Phathom Pharmaceuticals Inc, sale 4,325 shares at $11.72 during a trade that took place back on Jul 15 ’24, which means that Henderson Molly is holding 99,447 shares at $50,689 based on the most recent closing price.
Stock Fundamentals for PHAT
Current profitability levels for the company are sitting at:
- -25.49 for the present operating margin
- 0.83 for the gross margin
The net margin for Phathom Pharmaceuticals Inc stands at -29.96. The total capital return value is set at -0.93.
Based on Phathom Pharmaceuticals Inc (PHAT), the company’s capital structure generated 1.86 points at debt to capital in total, while cash flow to debt ratio is standing at -0.43. The debt to equity ratio resting at -2.17. The interest coverage ratio of the stock is -6.68.
Currently, EBITDA for the company is -159.05 million with net debt to EBITDA at -0.92. When we switch over and look at the enterprise to sales, we see a ratio of 150.58. The receivables turnover for the company is 0.91for trailing twelve months and the total asset turnover is 0.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.48.
Conclusion
To put it simply, Phathom Pharmaceuticals Inc (PHAT) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
