Pulmatrix Inc. (NASDAQ: PULM) is -13.45% lower on its value in year-to-date trading and has touched a low of $0.90 and a high of $3.04 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PULM stock was last observed hovering at around $1.01 in the last trading session, with the day’s gains setting it 0.02% off its average median price target of $5.00 for the next 12 months. It is also 79.4% off the consensus price target high of $5.00 offered by 1 analysts, but current levels are 79.4% higher than the price target low of $5.00 for the same period.
Currently trading at $1.03, the stock is -9.01% and -25.15% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.61 million and changing 1.98% at the moment leaves the stock -20.47% off its SMA200. PULM registered -23.13% loss for a year compared to 6-month gain of -5.50%. The firm has a 50-day simple moving average (SMA 50) of $1.5215 and a 200-day simple moving average (SMA200) of $1.3443.
The stock witnessed a -21.97% loss in the last 1 month and extending the period to 3 months gives it a -28.97%, and is 4.89% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.41% over the week and 7.32% over the month.
Pulmatrix Inc. (PULM) has around 20 employees, a market worth around $56.52M and $12.60M in sales. Distance from 52-week low is 14.44% and -66.12% from its 52-week high.
Pulmatrix Inc. (PULM) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Pulmatrix Inc. (PULM) is a “Buy”. 1 analysts offering their recommendations for the stock, where 0 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Pulmatrix Inc. is expected to release its quarterly report on 07/30/2021 and quarterly earnings per share for the current quarter are estimated at -$0.1.The EPS is expected to grow by 45.40% this year, but quarterly earnings will post -84.20% year-over-year.
Pulmatrix Inc. (PULM) Top Institutional Holders
31 institutions hold shares in Pulmatrix Inc. (PULM), with 375.74k shares held by insiders accounting for 0.67% while institutional investors hold 24.90% of the company’s shares. The shares outstanding are 36.16M, and float is at 34.03M with Short Float at 2.32%. Institutions hold 24.74% of the Float.
The top institutional shareholder in the company is Renaissance Technologies, LLC with over 2.57 million shares valued at $3.06 million. The investor’s holdings represent 4.57% of the PULM Shares outstanding. As of Dec 30, 2020, the second largest holder is Sabby Management, LLC with 1.98 million shares valued at $2.35 million to account for 3.51% of the shares outstanding. The other top investors are Vanguard Group, Inc. (The) which holds 1.58 million shares representing 2.80% and valued at over $1.88 million, while Acadian Asset Management holds 1.27% of the shares totaling 0.72 million with a market value of $0.85 million.
Pulmatrix Inc. (PULM) Insider Activity
A total of 0 insider transactions have happened at Pulmatrix Inc. (PULM) in the last six months, with sales accounting for 0 and purchases happening 0 times.