Praxis Precision Medicines Inc (PRAX) stock is currently valued at $51.09. During the last session, the stock experienced a remarkable rise, reaching $270.0 after opening at $51.09. The stock briefly dropped to $33.0 before ultimately closing at $54.09.
Praxis Precision Medicines Inc’s market performance has been unstable in recent times.
52-week price history of PRAX Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Praxis Precision Medicines Inc’s current trading price is -44.36% away from its 52-week high, while its distance from the 52-week low is 91.35%. The stock’s price range during this period has spanned from $26.70 to $91.83. In the Healthcare sector, the Praxis Precision Medicines Inc’s shares surpassed a trading volume of approximately 1.79 million for the day, which was noticeably higher compared to the average daily volume of 9.0.36 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Praxis Precision Medicines Inc (PRAX) has experienced a quarterly rise of 26.96% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.04B and boasts a workforce of 116 employees.
A Closer Look at Analysts’ Ratings for Praxis Precision Medicines Inc
As of right now, 8 analysts are rating Praxis Precision Medicines Inc as a BUY, 3 of the polled analysts branded the stock as an OVERWEIGHT, 0 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 analyst is rating the stock as SELL.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 41.53, with a change in price of +13.49. Similarly, Praxis Precision Medicines Inc recorded 426,209 in trading volume during the last 100 days, posting a change of +35.88%.
PRAX Stock Stochastic Average
Today, Praxis Precision Medicines Inc’s raw stochastic average for the past 50 days stands at 61.50%, indicating a rise from the raw stochastic average of the last 20 days, which was 36.08%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 48.84% and 59.90% respectively.
PRAX Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. Until today this year the stock’s price performance recorded a decrease of -11.47%. However, over the last six months, the performance has been stronger by -33.26%. The price of PRAX increased 8.10% over the last 30 days. And in the last five days, it has fallen by -8.19%.
