PainReform Ltd (NASDAQ:PRFX) traded at $1.51 at close of the session on Tuesday, April 09, made a downward move of -13.21% on its previous day’s price.
Looking at the stock we see that its previous close was $1.74 and the beta (5Y monthly) reads 0.53 . In terms of its 52-week price range, PRFX has a high of $26.41 and a low of $1.51. The company’s stock has lost about -23.74% over that past 30 days.
PainReform Ltd has a market cap of $2.61 million and is expected to release its quarterly earnings report on May 13, 2024 – May 17, 2024. Estimates by analysts give the company expected earnings per share (EPS) of -$2.4, with the EPS growth for the year raised at -$5.12 for 2024 and -$3.8 for next year. These figures represent 28.30% and 25.80% growth in EPS for the two years respectively.
There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the PRFX stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 100% Sell. Long term indicators on average place the stock in the category of 100% Sell.
Looking further, we note the current price level is -18.10% off its SMA20 and -23.02% from its 50-day simple moving average. The RSI (14) is pointing at 31.56 while the volatility over the past week is 27.24% and jumps to 11.93% over the past one month. The beta value is 0.52, while the average true range (ATR) is currently pointing at 0.24.
Coming back to PainReform Ltd (NASDAQ:PRFX), we note that the average 3-month trading volume was 15.89K, while that of the preceding 10-day period stands at 14370.0. Current shares outstanding are 1.73 million.
The insiders hold 21.51% of the company’s shares while institutions hold 10.88%. The data shows that short shares as of Mar 15, 2024, stood at 13880.0 at a short ratio of 0.71. This represents a 0.80% short interest in shares outstanding on Mar 15, 2024. Shares short rose in March from the previous month at 4800.0. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -45.09% down in year-to-date price movement.
