Prothena Corporation plc (NASDAQ: PRTA) is -54.10% lower on its value in year-to-date trading and has touched a low of $15.52 and a high of $55.89 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 PRTA stock was last observed hovering at around $16.65 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $16.68, the stock is -19.32% and -21.52% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.9 million and changing 0.18% at the moment leaves the stock -33.15% off its SMA200. PRTA registered -64.19% loss for a year compared to 6-month loss of -31.24%. The firm has a 50-day simple moving average (SMA 50) of $21.1014 and a 200-day simple moving average (SMA200) of $24.838776.
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The stock witnessed a -21.47% gain in the last 1 month and extending the period to 3 months gives it a -16.89%, and is -18.32% 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 10.16% over the week and 5.76% over the month.
Prothena Corporation plc (PRTA) has around 173 employees, a market worth around $897.05M and $217.25M in sales. Profit margin for the company is -23.44%. Distance from 52-week low is 7.47% and -70.16% from its 52-week high. The company has generated returns on investments over the last 12 months (-8.61%).
The EPS is expected to grow by 16.63% this year
238.0 institutions hold shares in Prothena Corporation plc (PRTA), with institutional investors hold 110.00% of the company’s shares. The shares outstanding are 53.68M, and float is at 46.42M with Short Float at 12.33%. Institutions hold 96.34% of the Float.
The top institutional shareholder in the company is ECOR1 CAPITAL, LLC with over 11.58 million shares valued at $239.1 million. The investor’s holdings represent 21.5666 of the PRTA Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 8.07 million shares valued at $166.48 million to account for 15.016 of the shares outstanding. The other top investors are PRICE T ROWE ASSOCIATES INC /MD/ which holds 4.24 million shares representing 7.8888 and valued at over $87.46 million, while BLACKROCK INC. holds 7.1808 of the shares totaling 3.86 million with a market value of $79.61 million.
Prothena Corporation plc (PRTA) Insider Activity
The most recent transaction is an insider sale by Walker Karin L, the company’s Chief Accounting Officer. SEC filings show that Walker Karin L sold 5,000 shares of the company’s common stock on Jan 24 ’24 at a price of $34.00 per share for a total of $0.17 million. Following the sale, the insider now owns 0.0 shares.
Prothena Corporation plc disclosed in a document filed with the SEC on Dec 20 ’23 that Walker Karin L (Chief Accounting Officer) sold a total of 5,000 shares of the company’s common stock. The trade occurred on Dec 20 ’23 and was made at $37.19 per share for $0.19 million. Following the transaction, the insider now directly holds 0.0 shares of the PRTA stock.
Still, SEC filings show that on Nov 30 ’23, Walker Karin L (Chief Accounting Officer) disposed off 5,000 shares at an average price of $34.00 for $0.17 million. The insider now directly holds 0 shares of Prothena Corporation plc (PRTA).
