The stock of Paragon 28 Inc (FNA) has gone down by -3.48% for the week, with a 92.49% rise in the past month and a 20.80% rise in the past quarter. The volatility ratio for the week is 5.24%, and the volatility levels for the past 30 days are 8.05% for FNA. The simple moving average for the past 20 days is 16.71% for FNA’s stock, with a 20.23% simple moving average for the past 200 days.
Is It Worth Investing in Paragon 28 Inc (NYSE: FNA) Right Now?
Moreover, the 36-month beta value for FNA is 1.47. Analysts have varying opinions on the stock, with 4 analysts rating it as a “buy,” 3 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for FNA is 39.09M and currently, short sellers hold a 11.55% of that float. On November 28, 2024, FNA’s average trading volume was 559.47K shares.
FNA) stock’s latest price update
The stock of Paragon 28 Inc (NYSE: FNA) has increased by 0.10 when compared to last closing price of 9.98. Despite this, the company has experienced a -3.48% fall in its stock price over the last five trading sessions. accesswire.com reported 2024-11-27 that NEW YORK, NY / ACCESSWIRE / November 27, 2024 / If you suffered a loss on your Paragon 28, Inc. (NYSE:FNA) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/paragon-28-inc-lawsuit-submission-form?prid=113900&wire=1 or contact Joseph E. Levi, Esq.
Analysts’ Opinion of FNA
Stephens, on the other hand, stated in their research note that they expect to see FNA reach a price target of $23. The rating they have provided for FNA stocks is “Overweight” according to the report published on April 11th, 2023.
B. Riley Securities gave a rating of “Buy” to FNA, setting the target price at $32 in the report published on December 14th of the previous year.
FNA Trading at 45.03% from the 50-Day Moving Average
After a stumble in the market that brought FNA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -32.45% of loss for the given period.
Volatility was left at 8.05%, however, over the last 30 days, the volatility rate increased by 5.24%, as shares surge +91.75% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +43.53% upper at present.
During the last 5 trading sessions, FNA fell by -3.48%, which changed the moving average for the period of 200-days by -28.74% in comparison to the 20-day moving average, which settled at $8.56. In addition, Paragon 28 Inc saw -19.63% 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 FNA starting from Piper Sandler Merchant Banking, who proposed sale 93,823 shares at the price of $9.86 back on Nov 26 ’24. After this action, Piper Sandler Merchant Banking now owns shares of Paragon 28 Inc, valued at $925,095 using the latest closing price.
MVM Partners, LLC, the 10% Owner of Paragon 28 Inc, sale 72,133 shares at $10.16 during a trade that took place back on Nov 22 ’24, which means that MVM Partners, LLC is holding 10,559,065 shares at $732,871 based on the most recent closing price.
Stock Fundamentals for FNA
Current profitability levels for the company are sitting at:
- -0.18 for the present operating margin
- 0.74 for the gross margin
The net margin for Paragon 28 Inc stands at -0.25. The total capital return value is set at -0.17. Equity return is now at value -43.68, with -24.45 for asset returns.
Based on Paragon 28 Inc (FNA), the company’s capital structure generated 0.44 points at debt to capital in total, while cash flow to debt ratio is standing at -0.36. The debt to equity ratio resting at 0.79. The interest coverage ratio of the stock is -4.09.
Currently, EBITDA for the company is -36.61 million with net debt to EBITDA at -2.64. When we switch over and look at the enterprise to sales, we see a ratio of 3.71. The receivables turnover for the company is 6.84for trailing twelve months and the total asset turnover is 0.81. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.50.
Conclusion
To wrap up, the performance of Paragon 28 Inc (FNA) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
