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Saturday, December 9, 2023

Value Investing Philosophy And PaxMedica Inc (NASDAQ: PXMD)?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for PaxMedica Inc (PXMD) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.07, or 2.02%, to $3.53. The PaxMedica Inc has recorded 12,977 volume in the after hours trading session.

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Stocks Info

PXMD belongs to the Healthcare sector of the NASDAQ while operating in the Biotechnology industry. At the end of the last regular session, the stock closed at $3.46 and fluctuated between $4.1800 as its day high and $3.2500 as its day low. The current market capitalization of PaxMedica Inc is $3.49M. A total of 1.19 million shares were traded on the day, compared to an average of 680.92K shares.

In the most recent transaction, Rome Zachary sold 16,301 shares of PXMD for 0.18 per share on Oct 27. After the transaction, the Director now owns 277,390 company shares. In a previous transaction on Oct 27, Derby Michael sold 9,175 shares at 0.19 per share. PXMD shares that 10% Owner owns now total 439,171.

Among the insiders who sold shares, Weisman Howard J. disposed of 8,049 shares on Oct 27 at a per-share price of $0.19. This resulted in the Chairman and CEO holding 649,549 shares of PXMD after the transaction. In another insider transaction, LaRochelle Karen sold 1,679 shares at $0.19 per share on Oct 27. Company shares held by the Director now total 49,994.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, PXMD has a high of $69.19 and a low of $2.50.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. PXMD’s latest balance sheet shows that the firm has $444.09k in Cash & Short Term Investments as of fiscal 2021. There were $611.64k in debt and $10.76M in liabilities at the time. Its Book Value Per Share was $2.51, while its Total Shareholder’s Equity was -$10.11M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock.

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