The Insider Activity Of Plus Therapeutics Inc. (PSTV) Is Worth Monitoring

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Plus Therapeutics Inc. (NASDAQ:PSTV) traded with a subtraction of -$0.01 to $0.48 on Thursday, a downside of -0.72 percent. An average of 947,001 shares of common stock have been traded in the last five days. There was a fall of -$0.1393 in the past week, and it reached a new high 3 times over the past 12 months. The last 20 days have seen an average of 2,091,610 shares traded, while the 50-day average volume stands at 5,237,080.

PSTV stock has decreased by -29.54% in the last month. The company shares reached their 1-month lowest point of $0.4600 on 09/22/22. With the stock rallying to its 52-week high on 01/04/22, shares of the company touched a low of $0.39 and a high of $2.16 in 52 weeks. It has reached a new high 2 times so far this year and lost -53.71% or -$0.5699 in price. In spite of this, the price is down -77.66% from the 52-week high.


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Valuation Metrics

Plus Therapeutics Inc. (PSTV) stock’s beta is 0.13. Other valuation ratios to consider include the price-to-book (PB) ratio at 1.13.

Financial Health

Further, the company has a long term debt to equity ratio of 0.45 and a total debt to equity ratio of 0.62 for the quarter ending June 29.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Plus Therapeutics Inc.’s return on assets was -74.70%.

Earnings Surprise

For the three-month period that ended June 29, Plus Therapeutics Inc. had $4.42 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$5.28 million in the quarter, while revenues of -$4.12 million were grew 46.97%. The analyst consensus anticipated Plus Therapeutics Inc.’s latest quarter earnings to come in at -$0.24 per share, but it turned out to be -$0.24, a 0.00% surprise. For the quarter, EBITDA amounted to -$4.86 million. Shareholders own equity worth $22.53 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Plus Therapeutics Inc. (PSTV) price momentum. RSI 9-day as of the close on 21 September was 25.11%, suggesting the stock is oversold, with historical volatility in this time frame at 65.45%.

As of today, PSTV’s price is $0.5309 -22.49% or -$0.1393 from its 5-day moving average. PSTV is currently trading -45.44% lower than its 20-day SMA and -28.34% lower than its 100-day SMA. However, the stock’s current price level is -9.42% below the SMA50 and -60.97% below the SMA200.

The stochastic %K and %D were 5.26% and 5.30%, respectively, and the average true range (ATR) was 0.0860. With the 14-day stochastic at 5.02% and the average true range at 0.0945, the RSI (14) stands at 34.19%. The stock has reached -0.0693 on the 9-day MACD Oscillator while the 14-day reading was at -0.1403.

Analyst Ratings

Ladenburg Thalmann launched coverage on Plus Therapeutics Inc. (NASDAQ: PSTV) in its analyst report released on January 25, 2021. The firm assigned the stock a Buy rating. The consensus rating for Plus Therapeutics Inc. (PSTV) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell PSTV, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 3 others rate it as a “buy”.

What is PSTV’s price target for the next 12 months?

Analysts predict a range of price targets between $2.00 and $5.00, with a median target of $3.50. Taking a look at these predictions, the average price target given by analysts for Plus Therapeutics Inc. (PSTV) stock is $3.50.

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