Is ProKidney Corp (NASDAQ: PROK) Poised For Further Gains At A 43.0% Distance From The Low?

ProKidney Corp (NASDAQ:PROK)’s traded shares stood at 0.35 million during the last session, with the company’s beta value hitting 1.41. At the close of trading, the stock’s price was $2.07, to imply an increase of 8.38% or $0.16 in intraday trading. The PROK share’s 52-week high remains $4.44, putting it -114.49% down since that peak but still an impressive 43.0% since price per share fell to its 52-week low of $1.18. The company has a valuation of $603.84M, with an average of 0.46 million shares in intraday trading volume over the past 10 days and average of 703.01K shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for ProKidney Corp (PROK), translating to a mean rating of 2.00. Of 6 analyst(s) looking at the stock, 0 analyst(s) give PROK a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 5 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.15.

ProKidney Corp (NASDAQ:PROK) trade information

After registering a 8.38% upside in the last session, ProKidney Corp (PROK) has traded red over the past five days. The 5-day price performance for the stock is 3.50%, and 13.11% over 30 days. With these gigs, the year-to-date price performance is 16.29%. Short interest in ProKidney Corp (NASDAQ:PROK) saw shorts transact 10.7 million shares and set a 25.42 days time to cover.

The extremes give us $3 and $6 for target low and target high price respectively. As such, PROK has been trading -189.86% off suggested target high and -44.93% from its likely low.

ProKidney Corp (PROK) estimates and forecasts

Looking at statistics comparing ProKidney Corp share performance against respective industry, we note that the company has underperformed competitors. ProKidney Corp (PROK) shares are -35.11% down over the last 6 months, with its year-to-date growth rate lower than industry average at 0.00% against 16.60%.

PROK Dividends

ProKidney Corp has its next earnings report out in January. 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.

ProKidney Corp (NASDAQ:PROK)’s Major holders

ProKidney Corp insiders hold 27.44% of total outstanding shares, with institutional holders owning 43.59% of the shares at 60.08% float percentage. In total, 43.59% institutions holds shares in the company.