PaxMedica Inc. (PXMD) Stock: Should Investors Follow These Insider Trades?


PaxMedica Inc. (NASDAQ:PXMD) saw an upside of 20.98% to close Tuesday at $3.46 after adding $0.6 on the day. The 5-day average trading volume is 874,400 shares of the company’s common stock. It has gained $3.74 in the past week and touched a new high 3 times within the past 5 days. An average of 556,485 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,150,726.

PXMD’s 1-month performance is 141.96% or $2.06 on its low of $1.37 reached on 12/27/22. The company’s shares have touched a 52-week low of $1.36 and high of $10.48. However, the current price is down -66.98% from the 52-week high price.

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Valuation Metrics

Moving on to other valuation ratios, the price-to-book (PB) in the most recent quarter is 17.30.

PaxMedica Inc.’s quick ratio for the recent period was 1.70, with the current ratio over the same period at 1.70. The firm’s gross profit as reported stood at $2.81 million against revenue of $7.2 million.

Earnings Surprise

Net income and sales went up compared to those figures reported in the previous quarter. EBITDA for the quarter stood at more than -$2.69 million. PXMD stock balance sheet for the recent quarter shows that total liabilities totaled 3.59 million, with total debt at $1.21 million. Shareholders hold equity totaling $11.78 million.

Let’s look briefly at PaxMedica Inc. (PXMD) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 24 January was 75.58% to suggest the stock is trending Overbought, with historical volatility in this time period at 149.92%.

The stock’s 5-day moving average is $2.92, reflecting a +18.09% or $0.53 change from its current price. PXMD is currently trading +136.99% above its 20-day SMA, -8.22% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +116.25%.

Stochastic %K and %D was 81.73% and 77.33% and the average true range (ATR) pointed at 0.47. The RSI (14) points at 69.42%, while the 14-day stochastic is at 84.62% with the period’s ATR at 0.44. The stock’s 9-day MACD Oscillator is pointing at 0.32 and 0.47 on the 14-day charts.

Analyst Ratings


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