PTC Therapeutics Inc (PTCT)’s latest quarter sales figures and margins explained

A share price of PTC Therapeutics Inc [PTCT] is currently trading at $37.20, up 0.19%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The PTCT shares have gain 12.40% over the last week, with a monthly amount glided 45.94%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

From an analyst’s perspective:

PTC Therapeutics Inc [NASDAQ: PTCT] stock has seen the most recent analyst activity on May 20, 2024, when Raymond James upgraded its rating to a Mkt Perform. Previously, Morgan Stanley downgraded its rating to Underweight on December 19, 2023, and kept the price target unchanged to $28. On December 08, 2023, Wells Fargo initiated with a Overweight rating and assigned a price target of $37 on the stock. Oppenheimer upgraded its rating to a Outperform but stick to its price target of $165 on October 30, 2023. Citigroup downgraded its rating to a Sell and reduced its price target to $17 on October 27, 2023. Truist downgraded its rating to Hold for this stock on October 06, 2023, and downed its price target to $25. In a note dated September 18, 2023, Citigroup downgraded an Neutral rating on this stock and revised its target price from $55 to $28.

PTC Therapeutics Inc experienced fluctuations in its stock price throughout the past year between $17.53 and $48.63. Currently, Wall Street analysts expect the stock to reach $43.67 within the next 12 months. PTC Therapeutics Inc [NASDAQ: PTCT] shares were valued at $37.20 at the most recent close of the market. An investor can expect a potential return of 17.39% based on the average PTCT price forecast.

Analyzing the PTCT fundamentals

Trailing Twelve Months sales for PTC Therapeutics Inc [NASDAQ:PTCT] were 927.56M which represents -4.66% decline. Gross Profit Margin for this corporation currently stands at 0.79% with Operating Profit Margin at -0.4%, Pretax Profit Margin comes in at -0.7%, and Net Profit Margin reading is -0.62%. To continue investigating profitability, this company’s Return on Assets is posted at -0.32, Equity is 0.78 and Total Capital is -0.3. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-0.34.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 36.79 points at the first support level, and at 36.39 for the second support level. However, for the 1st resistance point, the stock is sitting at 37.87, and for the 2nd resistance point, it is at 38.55.

Ratios To Look Out For

To put it in perspective, the Current Ratio for PTC Therapeutics Inc [NASDAQ:PTCT] is 2.03. In addition, the Quick Ratio stands at 1.98 and the Cash Ratio stands at 0.95. Considering the valuation of this stock, the price to sales ratio is 3.08.

Transactions by insiders

Recent insider trading involved ZELDIS JEROME B, Director, that happened on May 22 ’24 when 20000.0 shares were sold. EVP & CHIEF MEDICAL OFFICER, Golden Lee Scott completed a deal on May 07 ’24 to sell 175.0 shares. Meanwhile, CHIEF EXECUTIVE OFFICER Klein Matthew B. sold 3361.0 shares on Apr 19 ’24.

Related Posts