In last trading session, Plus Therapeutics Inc (NASDAQ:PSTV) saw 0.38 million shares changing hands with its beta currently measuring 0.75. Company’s recent per share price level of $2.63 trading at $0.45 or 20.64% at ring of the bell on the day assigns it a market valuation of $11.89M. That closing price of PSTV’s stock is at a discount of -185.17% from its 52-week high price of $7.50 and is indicating a premium of 63.12% from its 52-week low price of $0.97. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.26 million shares which gives us an average trading volume of 658.00K if we extend that period to 3-months.
For Plus Therapeutics Inc (PSTV), analysts’ consensus is at an average recommendation of a Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$1.15 in the current quarter.
Plus Therapeutics Inc (NASDAQ:PSTV) trade information
Upright in the green during last session for gaining 20.64%, in the last five days PSTV remained trading in the green while hitting it’s week-highest on Friday, 11/17/23 when the stock touched $2.63 price level, adding 5.4% to its value on the day. Plus Therapeutics Inc’s shares saw a change of -44.69% in year-to-date performance and have moved 88.53% in past 5-day. Plus Therapeutics Inc (NASDAQ:PSTV) showed a performance of 124.79% in past 30-days. Number of shares sold short was 39650.0 shares which calculate 0.21 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $17.50 to the stock, which implies a rise of 84.97% to its current value. Analysts have been projecting $4.00 as a low price target for the stock while placing it at a high target of $32.00. It follows that stock’s current price would drop -1116.73% in reaching the projected high whereas dropping to the targeted low would mean a loss of -52.09% for stock’s current value.
Plus Therapeutics Inc (PSTV) estimates and forecasts
Statistics highlight that Plus Therapeutics Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -32.22% of value to its shares in past 6 months, showing an annual growth rate of 64.12% while that of industry is 10.50. Apart from that, the company came raising its revenue forecast for fiscal year 2023. The company is estimating its revenue growth to increase by 65.20% in the current quarter and calculating 81.00% increase in the next quarter. This year revenue growth is estimated to rise 1,944.60% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $980k for the same. And 2 analysts are in estimates of company making revenue of $1.99 million in the next quarter that will end on Mar 2024. Company posted $151k and $506k of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 549.00% while estimating it to be 293.30% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 82.03% during past 5 years.
Plus Therapeutics Inc is more likely to be releasing its next quarterly report on October 31 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Plus Therapeutics Inc (NASDAQ:PSTV)’s Major holders
Insiders are in possession of 0.50% of company’s total shares while institution are holding 5.30 percent of that, with stock having share float percentage of 5.32%. Investors also watch the number of corporate investors in a company very closely, which is 5.30% institutions for Plus Therapeutics Inc that are currently holding shares of the company. Vanguard Group Inc is the top institutional holder at PSTV for having 72861.0 shares of worth $0.15 million. And as of Jun 29, 2023, it was holding 2.53% of the company’s outstanding shares.
The second largest institutional holder is Geode Capital Management, LLC, which was holding about 17007.0 shares on Jun 29, 2023. The number of shares represents firm’s hold over 0.59% of outstanding shares, having a total worth of $34354.0.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Jun 29, 2023, the former fund manager was holding 59831.0 shares of worth $0.12 million or 2.08% of the total outstanding shares. The later fund manager was in possession of 13030.0 shares on Jun 29, 2023, making its stake of worth around $26320.0 in the company or a holder of 0.45% of company’s stock.