For the readers interested in the stock health of PaxMedica Inc. (PXMD). It is currently valued at $3.46. When the transactions were called off in the previous session, Stock hit the highs of $3.74, after setting-off with the price of $2.93. Company’s stock value dipped to $2.81 during the trading on the day. When the trading was stopped its value was $2.86.Recently in News on January 20, 2023, PaxMedica to Present at the Jan 26th Virtual Investor Summit Microcap Event. Presentation on Thursday, January 26th, 2023 at 1:30 PM EST. You can read further details here
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, PaxMedica Inc. shares are logging -66.98% during the 52-week period from high price, and 154.41% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $1.36 and $10.48.
The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 2007589 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the PaxMedica Inc. (PXMD) recorded performance in the market was 70.44%, having the revenues showcasing 15.76% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 39.62M, as it employees total of 2 workers.
The Analysts eye on PaxMedica Inc. (PXMD)
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 2.41, with a change in the price was noted -0.31. In a similar fashion, PaxMedica Inc. posted a movement of -8.22% for the period of last 100 days, recording 2,266,717 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for PXMD is recording 0.08 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Technical rundown of PaxMedica Inc. (PXMD)
Raw Stochastic average of PaxMedica Inc. in the period of last 50 days is set at 88.24%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 88.19%. In the last 20 days, the company’s Stochastic %K was 86.00% and its Stochastic %D was recorded 82.35%.
Considering, the past performance of PaxMedica Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 70.44%. The shares increased approximately by 18.09% in the 7-day charts and went down by 141.96% in the period of the last 30 days. Common stock shares were driven by 15.76% during last recorded quarter.