The stock of Eupraxia Pharmaceuticals Inc (EPRX) has seen a 26.76% increase in the past week, with a 48.15% gain in the past month, and a 32.84% flourish in the past quarter. The volatility ratio for the week is 9.74%, and the volatility levels for the past 30 days are at 10.54% for EPRX. The simple moving average for the past 20 days is 21.71% for EPRX’s stock, with a 12.81% simple moving average for the past 200 days.
Is It Worth Investing in Eupraxia Pharmaceuticals Inc (NASDAQ: EPRX) Right Now?
The public float for EPRX is 31.46M, and at present, short sellers hold a 0.41% of that float. The average trading volume of EPRX on November 21, 2024 was 10.48K shares.
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EPRX) stock’s latest price update
The stock price of Eupraxia Pharmaceuticals Inc (NASDAQ: EPRX) has jumped by 10.43 compared to previous close of 3.26. Despite this, the company has seen a gain of 26.76% in its stock price over the last five trading days. prnewswire.com reported 2024-11-20 that DiffuSphere™ is designed to enable precise drug delivery at therapeutic dose levels directly into target tissues, enhancing efficacy while minimizing systemic drug levels to optimize safety In clinical trials, a single administration of DiffuSphere™ successfully delivered fluticasone propionate for at least six months in patients with eosinophilic esophagitis or osteoarthritis DiffuSphere™ has shown its versatility with various drug classes, supporting the possibility to treat multiple types of pain, infectious diseases, eye diseases and cancers VICTORIA, BC , Nov. 20, 2024 /PRNewswire/ – Eupraxia Pharmaceuticals Inc. (“Eupraxia” or the “Company”) (NASDAQ: EPRX) (TSX: EPRX), a clinical-stage biotechnology company, today unveiled new pharmacokinetic (“PK”) data from its Phase 2a Eosinophilic Esophagitis (“EoE”) program. Management believes these data underscore the unique capabilities of Eupraxia’s proprietary DiffuSphere™ platform technology, which aims to provide precise, localized, safe, and effective long-lasting drug delivery.
Analysts’ Opinion of EPRX
Many brokerage firms have already submitted their reports for EPRX stocks, with Rodman & Renshaw repeating the rating for EPRX by listing it as a “Buy.” The predicted price for EPRX in the upcoming period, according to Rodman & Renshaw is $9 based on the research report published on November 14, 2024 of the current year 2024.
EPRX Trading at 32.46% from the 50-Day Moving Average
After a stumble in the market that brought EPRX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -35.48% of loss for the given period.
Volatility was left at 10.54%, however, over the last 30 days, the volatility rate increased by 9.74%, as shares surge +49.38% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +44.29% upper at present.
During the last 5 trading sessions, EPRX rose by +26.76%, which changed the moving average for the period of 200-days by -37.39% in comparison to the 20-day moving average, which settled at $2.96. In addition, Eupraxia Pharmaceuticals Inc saw -13.49% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for EPRX
Current profitability levels for the company are sitting at:
- -6.43 for the present operating margin
- 0.49 for the gross margin
The net margin for Eupraxia Pharmaceuticals Inc stands at -7.41. The total capital return value is set at -2.4. Equity return is now at value -151.17, with -85.73 for asset returns.
Currently, EBITDA for the company is -36.75 million with net debt to EBITDA at 0.31. When we switch over and look at the enterprise to sales, we see a ratio of 40.17. The receivables turnover for the company is 28.12for trailing twelve months and the total asset turnover is 0.29. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.17.
Conclusion
In summary, Eupraxia Pharmaceuticals Inc (EPRX) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. 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.