Poseida Therapeutics Inc (NASDAQ: PSTX) is -21.43% lower on its value in year-to-date trading and has touched a low of $1.83 and a high of $4.27 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 PSTX stock was last observed hovering at around $2.75 in the last trading session, with the day’s loss setting it -0.11%.
Currently trading at $2.64, the stock is -12.76% and -14.05% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.89 million and changing -4.00% at the moment leaves the stock -13.91% off its SMA200. PSTX registered 15.28% gain for a year compared to 6-month loss of -13.73%. The firm has a 50-day simple moving average (SMA 50) of $3.0574 and a 200-day simple moving average (SMA200) of $3.0645.
The stock witnessed a -7.69% gain in the last 1 month and extending the period to 3 months gives it a -10.20%, and is -12.00% 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 6.74% over the week and 8.03% over the month.
Poseida Therapeutics Inc (PSTX) has around 330 employees, a market worth around $256.42M and $88.46M in sales. Profit margin for the company is -127.48%. Distance from 52-week low is 44.26% and -38.17% from its 52-week high. The company has generated returns on investments over the last 12 months (-81.46%).
Poseida Therapeutics Inc quarterly earnings per share for the current quarter are estimated at -0.41 with sales reaching $16.27M over the same period.The EPS is expected to shrink by -3.10% this year, but quarterly earnings will post 33.80% year-over-year. Quarterly sales are estimated to grow 74.00% in year-over-year returns.
131.0 institutions hold shares in Poseida Therapeutics Inc (PSTX), with institutional investors hold 76.60% of the company’s shares. The shares outstanding are 95.64M, and float is at 65.08M with Short Float at 5.91%. Institutions hold 55.35% of the Float.
The top institutional shareholder in the company is FMR LLC with over 14.54 million shares valued at $42.47 million. The investor’s holdings represent 15.1465 of the PSTX Shares outstanding. As of 2024-06-30, the second largest holder is PENTWATER CAPITAL MANAGEMENT LP with 5.97 million shares valued at $17.45 million to account for 6.2227 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 4.91 million shares representing 5.1085 and valued at over $14.32 million, while BOXER CAPITAL, LLC holds 4.6605 of the shares totaling 4.47 million with a market value of $13.07 million.
