Pliant Therapeutics Inc (NASDAQ:PLRX)’s traded shares stood at 2.83 million during the last session, with the company’s beta value hitting 1.41. At the close of trading, the stock’s price was $1.62, to imply a decrease of -4.14% or -$0.07 in intraday trading. The PLRX share’s 52-week high remains $16.52, putting it -919.75% down since that peak but still an impressive 22.22% since price per share fell to its 52-week low of $1.26. The company has a valuation of $99.20M, with an average of 2.07 million shares in intraday trading volume over the past 10 days and average of 2.52 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Pliant Therapeutics Inc (PLRX), translating to a mean rating of 2.69. Of 5 analyst(s) looking at the stock, 0 analyst(s) give PLRX a Sell rating. 0 of those analysts rate the stock as Overweight while 0 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 -0.75.
Pliant Therapeutics Inc (NASDAQ:PLRX) trade information
After registering a -4.14% downside in the last session, Pliant Therapeutics Inc (PLRX) has traded red over the past five days. The 5-day price performance for the stock is 2.53%, and -45.64% over 30 days. With these gigs, the year-to-date price performance is -87.70%. Short interest in Pliant Therapeutics Inc (NASDAQ:PLRX) saw shorts transact 3.29 million shares and set a 0.93 days time to cover.
The extremes give us $2 and $3 for target low and target high price respectively. As such, PLRX has been trading -85.19% off suggested target high and -23.46% from its likely low.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -78.30% for the past 5-year period. While 2025 is set for a 23.99% return in earnings, projections for the next 5 years are at 16.00% annually.
PLRX Dividends
Pliant Therapeutics Inc has its next earnings report out on 2025-Mar-02. 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.
Pliant Therapeutics Inc (NASDAQ:PLRX)’s Major holders
Pliant Therapeutics Inc insiders hold 3.27% of total outstanding shares, with institutional holders owning 117.06% of the shares at 121.02% float percentage. In total, 117.06% institutions holds shares in the company, led by DEEP TRACK CAPITAL, LP. As of 2024-06-30, the company held over 5.97 million shares (or 9.8907% of shares), all amounting to roughly $64.2 million.
The next major institution holding the largest number of shares is BLACKROCK INC. with 4.97 million shares, or about 8.2612% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $53.45 million.
We also have T. Rowe Price New Horizons Fund, Inc. and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Pliant Therapeutics Inc (PLRX) shares. Going by data provided on Dec 31, 2024, T. Rowe Price New Horizons Fund, Inc. holds roughly 2.34 shares. This is just over 3.82% of the total shares, with a market valuation of $3.79 million. Data from the same date shows that the other fund manager holds a little less at 1.79, or 2.92% of the shares, all valued at about 2.9 million.
