That’s why I Feel Comfortable With Puma Biotechnology Inc’s (PBYI) Future

A share price of Puma Biotechnology Inc [PBYI] is currently trading at $3.08, down -2.22%. An important factor to consider is whether the stock is rising or falling in short-term value. The PBYI shares have gain 10.79% over the last week, with a monthly amount drifted -1.91%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Puma Biotechnology Inc [NASDAQ: PBYI] stock has seen the most recent analyst activity on September 28, 2021, when Citigroup upgraded its rating to a Buy but kept the price target unchanged to $11 for it. On October 08, 2019, downgrade downgraded it’s rating to Sell and revised its price target to $8 on the stock. Citigroup downgraded its rating to a Neutral but stick to its price target of $24 on May 10, 2019. Cantor Fitzgerald downgraded its rating to a Neutral and reduced its price target to $20 on May 10, 2019. Leerink Partners started tracking with a Mkt Perform rating for this stock on January 17, 2019, and assigned it a price target of $21. In a note dated January 03, 2019, Guggenheim downgraded an Neutral rating on this stock.

Puma Biotechnology Inc experienced fluctuations in its stock price throughout the past year between $2.22 and $7.73. Puma Biotechnology Inc [NASDAQ: PBYI] shares were valued at $3.08 at the most recent close of the market.

Analyzing the PBYI fundamentals

Trailing Twelve Months sales for Puma Biotechnology Inc [NASDAQ:PBYI] were 243.57M which represents 43.53% growth. Gross Profit Margin for this corporation currently stands at 0.69% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.41 and Total Capital is 0.29. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.1.

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 2.96 points at the first support level, and at 2.84 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.29, and for the 2nd resistance point, it is at 3.50.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Puma Biotechnology Inc [NASDAQ:PBYI] is 1.42. On the other hand, the Quick Ratio is 1.40, and the Cash Ratio is 0.61. Considering the valuation of this stock, the price to sales ratio is 0.61, the price to book ratio is 2.13 and price to earnings (TTM) ratio is 6.49.

Transactions by insiders

Recent insider trading involved MILLER MICHAEL PATRICK, Director, that happened on Aug 12 ’24 when 23358.0 shares were sold. Director, MILLER MICHAEL PATRICK completed a deal on Aug 12 ’24 to buy 23358.0 shares. Meanwhile, Chief Financial Officer NOUGUES MAXIMO F sold 4156.0 shares on Jul 17 ’24.

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