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PaxMedica Inc. (NASDAQ: PXMD) Wednesday – Up 40.35% From The Lows, What Happens Next

PaxMedica Inc. (NASDAQ:PXMD)’s traded shares stood at 1.91 million during the last session. At the close of trading, the stock’s price was $2.28, to imply an increase of 4.59% or $0.1 in intraday trading. The PXMD share’s 52-week high remains $10.48, putting it -359.65% down since that peak but still an impressive 40.35% since price per share fell to its 52-week low of $1.36. The company has a valuation of $25.42M, with an average of 2.49 million shares in intraday trading volume over the past 10 days and average of 957.17K shares over the past 3 months.

PaxMedica Inc. (NASDAQ:PXMD) trade information

After registering a 4.59% upside in the last session, PaxMedica Inc. (PXMD) has traded red over the past five days. The stock hit a weekly high of 2.81 this Wednesday, 03/15/23, jumping 4.59% in its intraday price action. The 5-day price performance for the stock is 60.56%, and -1.72% over 30 days. With these gigs, the year-to-date price performance is 12.32%. Short interest in PaxMedica Inc. (NASDAQ:PXMD) saw shorts transact 0.32 million shares and set a 0.72 days time to cover.

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PaxMedica Inc. (PXMD) estimates and forecasts

PXMD Dividends

PaxMedica Inc. has its next earnings report out in April. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. PaxMedica Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.

PaxMedica Inc. (NASDAQ:PXMD)’s Major holders

PaxMedica Inc. insiders hold 90.31% of total outstanding shares, with institutional holders owning 0.56% of the shares at 5.78% float percentage. In total, 0.56% institutions holds shares in the company, led by UBS Group AG. As of Dec 30, 2022, the company held over 33404.0 shares (or 0.28% of shares), all amounting to roughly $67810.0.

The next major institution holding the largest number of shares is Jane Street Group, LLC with 18025.0 shares, or about 0.15% of shares outstanding. As of the market price on Sep 29, 2022, these shares were worth $43260.0.

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