Panbela Therapeutics Inc. (NASDAQ: PBLA) is -93.07% lower on its value in year-to-date trading and has touched a low of $0.10 and a high of $2.40 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 PBLA stock was last observed hovering at around $0.12 in the last trading session, with the day’s loss setting it 0.0% off its average median price target of $6.00 for the next 12 months. It is also 98.0% off the consensus price target high of $6.00 offered by 2 analysts, but current levels are 98.0% higher than the price target low of $6.00 for the same period.
Currently trading at $0.12, the stock is -6.36% and -44.80% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.1 million and changing 3.27% at the moment leaves the stock -89.63% off its SMA200. PBLA registered -93.59% loss for a year compared to 6-month loss of -92.07%.
The stock witnessed a -15.15% gain in the last 1 month and extending the period to 3 months gives it a -83.58%, and is -12.74% down 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 20.77% over the week and 19.67% over the month.
Distance from 52-week low is 19.54% and -95.00% from its 52-week high.
Panbela Therapeutics Inc. (PBLA) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Panbela Therapeutics Inc. (PBLA) is a “Overweight”. 2 analysts offering their recommendations for the stock have an average rating of 2.50, where 1 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.
The EPS is expected to shrink by -40.40% this year
Panbela Therapeutics Inc. (PBLA) Top Institutional Holders
The shares outstanding are 31.71M, and float is at 28.10M with Short Float at 0.13%.
Panbela Therapeutics Inc. (PBLA) Insider Activity
A total of 3 insider transactions have happened at Panbela Therapeutics Inc. (PBLA) in the last six months, with sales accounting for 0 and purchases happening 3 times.