Passage Bio Inc. (PASG): Deep Analysis of ATR Factor For PASG

Goldman announced it was Downgrade coverage of Passage Bio Inc. in a research note on June 25, 2020. The analysts assigned a Neutral rating to the stock. Chardan Capital Markets rated the stock as a Buy in a research noted published on March 25, 2020. JP Morgan rated the stock as an Overweight in a research note published on March 24, 2020.

PASG Recent Trade

The share price of PASG descended by -$0.44 during the exchanging session on 07/14/20 to exchange at $22.26. Passage Bio Inc. stock has an exchanging volume of 0.16 million shares, which is low, contrasted with its 3-months average volume of 209.16K shares. Its market capitalization has now reached to $1.01B and analysts have a consensus target price of $30.25 in the 12-month period.

PASG Past Trading Activity

The market tends to become urbane often, in any event, for prepared investors and traders. In any event, when a merchant got what he/she had expected, the market occasionally chooses to move the other way. This instability leads a few traders questioning and re-thinking their moves. This is the reason becoming acquainted with past price performance, just as both long and short time period, is significant. If we look the past performance, during the last one week, PASG price has dropped by -9.48%. In the course of past three months sees the stock go up around 16.00%, while it has 0.27% since the start of the year.

PASG Earning History

Earnings per share are the amount of profit that a company produces during a specific period, which is usually defined as a quarter (three calendar months) or a year. In recent quarter of (Jun 2020), Passage Bio Inc. posted -$1 earnings per share (EPS) which was underneath the consensus estimate of -$0.45 by -$0.55, which represents to a reduction by -122.20%.

PASG Price Performance

Let us presently take a gander at a portion of its probable help and opposition resistance. Late research on Passage Bio Inc. has seen its stock exchanging -41.77% underneath its three-month high price. A glance at the opposite side additionally observes stock exchanging +38.76% above its three-month low. A more extensive look sees PASG exchanging -41.77% beneath its 52-week high and 175.15% above from its 52-week low price.

PASG Instability & Beta Factor

The Volatility of a stock means that the stock’s drop or increase in the event that the more extensive market drops or rushes. A beta score higher than 1 implies that a stock is profoundly unpredictable while underneath 1 implies that the Volatility of a stock is low. If we look trading Volatility. Its 7-day Volatility is around 9.28%, while it has a month to month instability of 12.14%. The Company has an ATR (Average True Range) of 2.82.

Leave a Comment