PainReform Ltd (PRFX) Has A Gold Mine On Its Hands

PainReform Ltd (NASDAQ:PRFX) at last check was buoying at $2.88 on current market day with a rise of 4.66% from its closing price on previous day.

Taking a look at stock we notice that its last check on previous day was $2.75 and 5Y monthly beta was reading 0.555 with its price kept floating in the range of $2.64 and $3.02 on the day. Considering stock’s 52-week price range provides that PRFX hit a high price of $80.64 and saw its price falling to a low level of $1.73 during that period. Over a period of past 1-month, stock came adding 23.84% in its value.

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With its current market valuation of $1.70 million, PainReform Ltd is set to declare its quarterly results in December. Analysts are in estimates of 0 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to 0 for current year with estimates of that growing to 0 in next year.

In contrast, when we review PRFX stock’s current outlook then short term indicators are assigning it an average of Hold, while medium term indicators are categorizing the stock at an average of 50% Sell. Long term indicators are suggesting an average of 100% Sell for it.

Digging deeper we become aware of the PEG ratio of the PRFX stock which is currently positioned at 0. It further provides that stock’s current price level is 8.78% away from its 20-day simple moving average and is 10.83% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 50.64 while volatility remained at 21.72% over the past week which changes to 18.99% when measuring it over the past month. Beta is valued at 0.71, while measure of average true range or ATR is currently at 0.68.

Having a second look at PainReform Ltd (NASDAQ:PRFX) provides that stock’s average daily trading volume for 3 months was 906.77K, while it jumped to 20360430 when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 1.73 million.

The percentage of outstanding shares held by the insiders is 5.13% while it is 2.47% for the institutional holders. The figures also indicate that as of 2024-11-15, number of stock’s short shares was 29100.0 which implies a short ratio of 0.36. This shows up a 537.00 of Short Interest in company’s outstanding shares on the day. In November the standing of shares short improved as it was 15268.0 in the previous month. Subtraction of -95.64% by stock’s current price to its year-to-date value in today’s trading is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.

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