Gains May Be On The Menu For Pacira BioSciences Inc (NASDAQ: PCRX)

Currently, there are 46.48M common shares owned by the public and among those 45.14M shares have been available to trade.

The company’s stock has a 5-day price change of -19.87% and -20.24% over the past three months. PCRX shares are trading -32.60% year to date (YTD), with the 12-month market performance down to -43.25% lower. It has a 12-month low price of $25.33 and touched a high of $40.45 over the same period. PCRX has an average intraday trading volume of 760.79K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -20.83%, -20.66%, and -23.35% respectively.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Institutional ownership of Pacira BioSciences Inc (NASDAQ: PCRX) shares accounts for 107.73% of the company’s 46.48M shares outstanding.

It has a market capitalization of $1.06B and a beta (3y monthly) value of 0.88. The stock’s trailing 12-month PE ratio is 16.33, while the earnings-per-share (ttm) stands at $1.39. The company has a PEG of 1.68 and a Quick Ratio of 4.78 with the debt-to-equity ratio at 0.65. Price movements for the stock have been influenced by the stock’s volatility, which stands at 10.62% over the week and 5.43% over the month.

Earnings per share for the fiscal year are expected to decrease by -1.30%, and 29.25% over the next financial year.

Looking at the support for the PCRX, a number of firms have released research notes about the stock. JP Morgan stated their Overweight rating for the stock in a research note on March 07, 2024, with the firm’s price target at $80-$45. Raymond James coverage for the Pacira BioSciences Inc (PCRX) stock in a research note released on December 20, 2023 offered a Outperform rating with a price target of $42. TD Cowen was of a view on August 03, 2023 that the stock is Outperform, while Wedbush gave the stock Outperform rating on January 31, 2023, issuing a price target of $88- $60. Jefferies on their part issued Buy rating on October 21, 2022.

Most Popular

Related Posts