Processa Pharmaceuticals Inc’s (NASDAQ:PCSA) Forecasted Growth Is -946.51% Or More

In last trading session, Processa Pharmaceuticals Inc (NASDAQ:PCSA) saw 0.14 million shares changing hands with its beta currently measuring 0.57. Company’s recent per share price level of $0.86 trading at -$0.09 or -9.04% at ring of the bell on the day assigns it a market valuation of $3.19M. That closing price of PCSA’s stock is at a discount of -730.23% from its 52-week high price of $7.14 and is indicating a premium of 5.81% from its 52-week low price of $0.81. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 72670.0 shares which gives us an average trading volume of 323.77K if we extend that period to 3-months.

For Processa Pharmaceuticals Inc (PCSA), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 2 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 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

Processa Pharmaceuticals Inc (NASDAQ:PCSA) trade information

Upright in the red during last session for losing -9.04%, in the last five days PCSA remained trading in the red while hitting it’s week-highest on Monday, 01/06/25 when the stock touched $0.86 price level, adding 20.37% to its value on the day. Processa Pharmaceuticals Inc’s shares saw a change of -2.23% in year-to-date performance and have moved -2.23% in past 5-day. Processa Pharmaceuticals Inc (NASDAQ:PCSA) showed a performance of -16.33% in past 30-days. Number of shares sold short was 0.33 million shares which calculate 0.4 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 9 to the stock, which implies a rise of 90.44% to its current value. Analysts have been projecting 9 as a low price target for the stock while placing it at a high target of 9. It follows that stock’s current price would drop -946.51% in reaching the projected high whereas dropping to the targeted low would mean a loss of -946.51% for stock’s current value.

Processa Pharmaceuticals Inc (PCSA) estimates and forecasts

Statistics highlight that Processa Pharmaceuticals Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -49.47% of value to its shares in past 6 months, showing an annual growth rate of 52.24% while that of industry is 16.70. Apart from that, the company came raising its revenue forecast for fiscal year 2025.

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 9.70% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 52.24% while estimates for its earnings growth in next 5 years are of 15.00%.

Processa Pharmaceuticals Inc (NASDAQ:PCSA)’s Major holders

Insiders are in possession of 8.74% of company’s total shares while institution are holding 1.49 percent of that, with stock having share float percentage of 1.63%. Investors also watch the number of corporate investors in a company very closely, which is 1.49% institutions for Processa Pharmaceuticals Inc that are currently holding shares of the company.