A share price of Processa Pharmaceuticals Inc [PCSA] is currently trading at $0.21, up 8.45%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The PCSA shares have gain 6.88% over the last week, with a monthly amount drifted -1.70%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Processa Pharmaceuticals Inc [NASDAQ: PCSA] stock has seen the most recent analyst activity on April 25, 2024, when H.C. Wainwright initiated its Buy rating and assigned the stock a price target of $8.
Processa Pharmaceuticals Inc experienced fluctuations in its stock price throughout the past year between $0.15 and $1.50. Currently, Wall Street analysts expect the stock to reach $9 within the next 12 months. Processa Pharmaceuticals Inc [NASDAQ: PCSA] shares were valued at $0.21 at the most recent close of the market. An investor can expect a potential return of 4185.71% based on the average PCSA price forecast.
Analyzing the PCSA fundamentals
Gross Profit Margin for this corporation currently stands at 0.23% with Operating Profit Margin at -1.04%, Pretax Profit Margin comes in at -1.03%, and Net Profit Margin reading is -1.03%. To continue investigating profitability, this company’s Return on Assets is posted at -1.57, Equity is -3.42 and Total Capital is -2.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.0.
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 0.1996 points at the first support level, and at 0.1848 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.2278, and for the 2nd resistance point, it is at 0.2412.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Processa Pharmaceuticals Inc [NASDAQ:PCSA] is 3.45. As well, the Quick Ratio is 3.45, while the Cash Ratio is 3.34.
Transactions by insiders
Recent insider trading involved Yorke Justin W, Director, that happened on Jan 27 ’25 when 12400.0 shares were purchased. Chief Executive Officer, Ng George K completed a deal on Jan 27 ’25 to buy 87200.0 shares. Meanwhile, Pres. Research & Development Young David bought 0.12 million shares on Jan 27 ’25.
