The stock of Puma Biotechnology Inc (PBYI) has gone up by 1.32% for the week, with a 6.60% rise in the past month and a 13.91% rise in the past quarter. The volatility ratio for the week is 13.38%, and the volatility levels for the past 30 days are 7.36% for PBYI. The simple moving average for the past 20 days is 4.46% for PBYI’s stock, with a -22.41% simple moving average for the past 200 days.
Is It Worth Investing in Puma Biotechnology Inc (NASDAQ: PBYI) Right Now?
The price-to-earnings ratio for Puma Biotechnology Inc (NASDAQ: PBYI) is above average at 6.47x, Company’s 36-month beta value is 1.03.Analysts have differing opinions on the stock, with 4 analysts rating it as a “buy,” 4 as “overweight,” 1 as “hold,” and 0 as “sell.”
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The public float for PBYI is 35.19M, and currently, short sellers hold a 9.06% ratio of that floaft. The average trading volume of PBYI on November 14, 2024 was 360.45K shares.
PBYI) stock’s latest price update
The stock price of Puma Biotechnology Inc (NASDAQ: PBYI) has surged by 3.37 when compared to previous closing price of 2.97, but the company has seen a 1.32% gain in its stock price over the last five trading sessions. zacks.com reported 2024-11-08 that Puma Biotechnology beats third-quarter 2024 estimates for both the top and the bottom lines. The company updates its 2024 financial guidance.
Analysts’ Opinion of PBYI
Many brokerage firms have already submitted their reports for PBYI stocks, with Citigroup repeating the rating for PBYI by listing it as a “Buy.” The predicted price for PBYI in the upcoming period, according to Citigroup is $11 based on the research report published on September 28, 2021 of the previous year 2021.
BofA/Merrill, on the other hand, stated in their research note that they expect to see PBYI reach a price target of $9. The rating they have provided for PBYI stocks is “Underperform” according to the report published on June 25th, 2020.
Goldman gave a rating of “Sell” to PBYI, setting the target price at $8 in the report published on October 08th of the previous year.
PBYI Trading at 12.43% from the 50-Day Moving Average
After a stumble in the market that brought PBYI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -60.28% of loss for the given period.
Volatility was left at 7.36%, however, over the last 30 days, the volatility rate increased by 13.38%, as shares surge +8.83% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +33.91% upper at present.
During the last 5 trading sessions, PBYI rose by +1.65%, which changed the moving average for the period of 200-days by -34.47% in comparison to the 20-day moving average, which settled at $2.94. In addition, Puma Biotechnology Inc saw -29.10% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PBYI starting from MILLER MICHAEL PATRICK, who sale 23,358 shares at the price of $3.49 back on Aug 12 ’24. After this action, MILLER MICHAEL PATRICK now owns 47,000 shares of Puma Biotechnology Inc, valued at $81,466 using the latest closing price.
MILLER MICHAEL PATRICK, the Director of Puma Biotechnology Inc, proposed sale 23,358 shares at $3.76 during a trade that took place back on Aug 12 ’24, which means that MILLER MICHAEL PATRICK is holding shares at $87,826 based on the most recent closing price.
Stock Fundamentals for PBYI
Current profitability levels for the company are sitting at:
- 0.15 for the present operating margin
- 0.66 for the gross margin
The net margin for Puma Biotechnology Inc stands at 0.11. The total capital return value is set at 0.29. Equity return is now at value 42.32, with 10.95 for asset returns.
Based on Puma Biotechnology Inc (PBYI), the company’s capital structure generated 0.55 points at debt to capital in total, while cash flow to debt ratio is standing at 0.39. The debt to equity ratio resting at 1.21. The interest coverage ratio of the stock is 4.64.
Currently, EBITDA for the company is 44.78 million with net debt to EBITDA at 0.43. When we switch over and look at the enterprise to sales, we see a ratio of 0.76. The receivables turnover for the company is 4.01for trailing twelve months and the total asset turnover is 0.99. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.42.
Conclusion
In a nutshell, Puma Biotechnology Inc (PBYI) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
