A share price of PTC Therapeutics Inc [PTCT] is currently trading at $46.01, up 7.02%. An important factor to consider is whether the stock is rising or falling in short-term value. The PTCT shares have gain 16.90% over the last week, with a monthly amount glided 13.66%, 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
Sponsored
From an analyst’s perspective:
Previously, Robert W. Baird started tracking the stock with Outperform rating on September 04, 2024, and set its price target to $44. Raymond James upgraded its rating to a Mkt Perform. Morgan Stanley downgraded its rating to a Underweight but $28 remained the price target by the analyst firm on December 19, 2023. Wells Fargo started tracking with a Overweight rating for this stock on December 08, 2023, and assigned it a price target of $37. In a note dated October 30, 2023, Oppenheimer upgraded an Outperform rating on this stock but restated the target price of $165.
PTC Therapeutics Inc experienced fluctuations in its stock price throughout the past year between $20.75 and $46.98. Currently, Wall Street analysts expect the stock to reach $46.5 within the next 12 months. PTC Therapeutics Inc [NASDAQ: PTCT] shares were valued at $46.01 at the most recent close of the market. An investor can expect a potential return of 1.06% based on the average PTCT price forecast.
Analyzing the PTCT fundamentals
Trailing Twelve Months sales for PTC Therapeutics Inc [NASDAQ:PTCT] were 900.66M which represents 0.11% growth. Gross Profit Margin for this corporation currently stands at 0.78% with Operating Profit Margin at -0.14%, Pretax Profit Margin comes in at -0.47%, and Net Profit Margin reading is -0.5%. To continue investigating profitability, this company’s Return on Assets is posted at -0.25, Equity is 0.48 and Total Capital is -0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-0.27.
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 43.76 points at the first support level, and at 41.51 for the second support level. However, for the 1st resistance point, the stock is sitting at 47.75, and for the 2nd resistance point, it is at 49.49.
Ratios To Look Out For
To put it in perspective, the Current Ratio for PTC Therapeutics Inc [NASDAQ:PTCT] is 2.10. On the other hand, the Quick Ratio is 2.04, and the Cash Ratio is 0.86. Considering the valuation of this stock, the price to sales ratio is 3.94.
Transactions by insiders
Recent insider trading involved Gravier Pierre, CHIEF FINANCIAL OFFICER, that happened on Jul 16 ’24 when 2269.0 shares were sold. Director, ZELDIS JEROME B completed a deal on May 22 ’24 to sell 20000.0 shares. Meanwhile, EVP & CHIEF MEDICAL OFFICER Golden Lee Scott sold 175.0 shares on May 07 ’24.
