PDS Biotechnology Corporation [NASDAQ: PDSB] stock went on a downward path that fall over -0.63% on Thursday, amounting to a one-week price increase of more than 16.30%.
Over the last 12 months, PDSB stock dropped by -53.55%. The one-year PDS Biotechnology Corporation stock forecast points to a potential upside of 79.07. The average equity rating for PDSB stock is currently 1.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $71.76 million, with 45.45 million shares outstanding and 43.98 million shares in the current float. Compared to the average trading volume of 656.76K shares, PDSB stock reached a trading volume of 539664 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on PDS Biotechnology Corporation [PDSB]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PDSB shares is $7.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PDSB stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
B. Riley Securities have made an estimate for PDS Biotechnology Corporation shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 01, 2022. While these analysts kept the previous recommendation, Cantor Fitzgerald raised their target price to Overweight. The new note on the price target was released on June 28, 2021, representing the official price target for PDS Biotechnology Corporation stock. Previously, the target price had yet another raise to $6, while H.C. Wainwright analysts kept a Buy rating on PDSB stock.
The Average True Range (ATR) for PDS Biotechnology Corporation is set at 0.11 The Price to Book ratio for the last quarter was 3.19, with the Price to Cash per share for the same quarter was set at 0.87.
PDSB Stock Performance Analysis:
PDS Biotechnology Corporation [PDSB] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 16.30. With this latest performance, PDSB shares gained by 27.64% in over the last four-week period, additionally sinking by -21.50% over the last 6 months – not to mention a drop of -53.55% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PDSB stock in for the last two-week period is set at 65.68, with the RSI for the last a single of trading hit 70.07, and the three-weeks RSI is set at 61.63 for PDS Biotechnology Corporation [PDSB]. The present Moving Average for the last 50 days of trading for this stock 1.2392, while it was recorded at 1.5320 for the last single week of trading, and 2.1137 for the last 200 days.
Insight into PDS Biotechnology Corporation Fundamentals:
PDS Biotechnology Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.33 and a Current Ratio set at 2.33.
PDSB Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PDSB. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for PDS Biotechnology Corporation go to 6.45%.
PDS Biotechnology Corporation [PDSB] Institutonal Ownership Details
The top three institutional holders of PDSB stocks are: VANGUARD GROUP INC with ownership of 1.41 million shares, which is approximately 3.8395%. BLACKROCK INC., holding 0.49 million shares of the stock with an approximate value of $$1.43 million in PDSB stocks shares; and BLACKROCK INC., currently with $$1.12 million in PDSB stock with ownership which is approximately 1.0394%.
