Prothena Corporation plc (NASDAQ: PRTA) is -55.94% lower on its value in year-to-date trading and has touched a low of $11.70 and a high of $41.54 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 $11.95 in the last trading session, with the day’s gains setting it 4.06%.
Currently trading at $16.01, the stock is 11.43% and 1.67% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.28 million and changing 33.97% at the moment leaves the stock -21.27% off its SMA200. PRTA registered -57.20% loss for a year compared to 6-month loss of -25.47%. The firm has a 50-day simple moving average (SMA 50) of $15.7548 and a 200-day simple moving average (SMA200) of $20.400875.
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The stock witnessed a 13.95% gain in the last 1 month and extending the period to 3 months gives it a -25.91%, and is 15.93% 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 19.95% over the week and 9.90% over the month.
Prothena Corporation plc (PRTA) has around 173 employees, a market worth around $861.47M and $133.35M in sales. Profit margin for the company is -98.86%. Distance from 52-week low is 36.84% and -61.46% from its 52-week high. The company has generated returns on investments over the last 12 months (-24.27%).
The EPS is expected to grow by 20.56% this year
246.0 institutions hold shares in Prothena Corporation plc (PRTA), with institutional investors hold 112.05% of the company’s shares. The shares outstanding are 53.81M, and float is at 44.79M with Short Float at 17.99%. Institutions hold 96.97% 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.
