Prothena Corporation plc (NASDAQ: PRTA) is -31.12% lower on its value in year-to-date trading and has touched a low of $9.00 and a high of $25.42 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 $9.30 in the last trading session, with the day’s gains setting it 0.24%.
Currently trading at $9.54, the stock is -12.85% and -26.29% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.08 million and changing 2.58% at the moment leaves the stock -42.66% off its SMA200. PRTA registered -53.62% loss for a year compared to 6-month loss of -44.08%. The firm has a 50-day simple moving average (SMA 50) of $12.942 and a 200-day simple moving average (SMA200) of $16.637125.
The stock witnessed a -26.45% gain in the last 1 month and extending the period to 3 months gives it a -32.39%, and is -4.02% 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 6.26% over the week and 7.42% over the month.
Prothena Corporation plc (PRTA) has around 163 employees, a market worth around $513.51M and $135.16M in sales. Profit margin for the company is -90.49%. Distance from 52-week low is 6.00% and -62.47% from its 52-week high. The company has generated returns on investments over the last 12 months (-24.70%).
The EPS is expected to shrink by -58.69% this year.
Prothena Corporation plc (PRTA) Top Institutional Holders
251.0 institutions hold shares in Prothena Corporation plc (PRTA), with institutional investors hold 126.86% of the company’s shares. The shares outstanding are 53.83M, and float is at 42.50M with Short Float at 19.73%. Institutions hold 102.73% 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 21.5453% 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 15.0012 of the shares outstanding. The other top investors are PRICE T ROWE ASSOCIATES INC /MD/ which holds 4.24 million shares representing 7.881% and valued at over $87.46 million, while BLACKROCK INC. holds 7.1737 of the shares totaling 3.86 million with a market value of $79.61 million.
Prothena Corporation plc (PRTA) Insider Activity
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