In the last trading session, 2.57 million shares of the Phathom Pharmaceuticals Inc (NASDAQ:PHAT) were traded, and its beta was 0.07. Most recently the company’s share price was $2.58, and it changed around -$0.18 or -6.52% from the last close, which brings the market valuation of the company to $180.12M. PHAT currently trades at a discount to its 52-week high of $19.71, offering almost -663.95% off that amount. The share price’s 52-week low was $2.71, which indicates that the current value has fallen by an impressive -5.04% since then.
Phathom Pharmaceuticals Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.25. If we narrow it down even further, the data shows that 0 out of 9 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 1 recommended PHAT as a Hold, whereas 6 deemed it a Buy, and 0 rated it as Underweight.
Phathom Pharmaceuticals Inc (NASDAQ:PHAT) trade information
Instantly PHAT has showed a red trend with a performance of -6.52% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 4.36 on recent trading dayincreased the stock’s daily price by 40.83%. The company’s shares are currently down -68.23% year-to-date, but still down -37.83% over the last five days. On the other hand, Phathom Pharmaceuticals Inc (NASDAQ:PHAT) is -48.45% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $18, which translates to bulls needing to increase their stock price by 85.67% from its current value. Analyst projections state that PHAT is forecast to be at a low of $18 and a high of $18.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 12.50%.
PHAT Dividends
Phathom Pharmaceuticals Inc’s next quarterly earnings report is expected to be released in June.
MEDICXI VENTURES MANAGEMENT (JERSEY) LTD, with 12.7473% or 7.46 million shares worth $76.89 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
AIM Intl Mutual Fd.s -Invesco Global Fd. and Prudential Sector Funds, Inc.-PGIM Jennison Health Sciences Fund were the top two Mutual Funds as of Jan 31, 2025 . The former held 1.98 shares worth $5.1 million, making up 2.83% of all outstanding shares. On the other hand, Prudential Sector Funds, Inc.-PGIM Jennison Health Sciences Fund held roughly 1.78 shares worth around $4.6 million, which represents about 2.55% of the total shares outstanding.
