Paragon 28 Inc (NYSE: FNA) is -17.14% lower on its value in year-to-date trading and has touched a low of $4.65 and a high of $14.79 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 FNA stock was last observed hovering at around $7.50 in the last trading session, with the day’s gains setting it 2.8%.
Currently trading at $10.30, the stock is 69.10% and 62.87% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.82 million and changing 37.33% at the moment leaves the stock 21.31% off its SMA200. FNA registered 8.99% gain for a year compared to 6-month loss of 27.16%. The firm has a 50-day simple moving average (SMA 50) of $6.2816 and a 200-day simple moving average (SMA200) of $8.5015.
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The stock witnessed a 79.44% gain in the last 1 month and extending the period to 3 months gives it a 36.60%, and is 42.27% 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 11.08% over the week and 8.73% over the month.
Paragon 28 Inc (FNA) has around 574 employees, a market worth around $860.49M and $245.00M in sales. Profit margin for the company is -29.70%. Distance from 52-week low is 121.51% and -30.36% from its 52-week high. The company has generated returns on investments over the last 12 months (-29.18%).
The EPS is expected to shrink by -12.07% this year
172.0 institutions hold shares in Paragon 28 Inc (FNA), with institutional investors hold 102.76% of the company’s shares. The shares outstanding are 82.83M, and float is at 38.75M with Short Float at 17.49%. Institutions hold 60.97% of the Float.
The top institutional shareholder in the company is MVM PARTNERS, LLC with over 10.89 million shares valued at $74.3 million. The investor’s holdings represent 13.1389 of the FNA Shares outstanding. As of 2024-06-30, the second largest holder is FIRST LIGHT ASSET MANAGEMENT, LLC with 8.17 million shares valued at $55.92 million to account for 9.8665 of the shares outstanding. The other top investors are BRAIDWELL LP which holds 4.15 million shares representing 5.0089 and valued at over $28.39 million, while BLACKROCK INC. holds 4.4085 of the shares totaling 3.65 million with a market value of $24.98 million.
Paragon 28 Inc (FNA) Insider Activity
Paragon 28 Inc disclosed in a document filed with the SEC on Mar 15 ’24 that DaCosta Albert () bought a total of 28,000 shares of the company’s common stock. The trade occurred on Mar 15 ’24 and was made at $9.12 per share for $0.26 million. Following the transaction, the insider now directly holds 5.34 million shares of the FNA stock.
