Paragon 28 Inc (NYSE: FNA) Emerges As Guiding Light For Investors

Paragon 28 Inc (NYSE:FNA) currently has a daily average trading volume of 648.04K but it saw 20918662 shares traded in last market. With a market cap of 1.09B USD, the company’s current market price of $12.99 came rising about 8.25 while comparing to the previous closing price of $12.00. In past 52 weeks, the stock remained buoying in the range of price level as high as $14.79 and as low as $4.65. In the recent trading on the day, stock has struck highest price mark of $12.98 while lowest mark touched by it was $13.13.

Taking a look at 20-day trading activity of Paragon 28 Inc (FNA) gives us an average price of $11.01, while its current price level is -12.17% below from 52-week high level whereas it is 179.35% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $10.52 while that of 200 days or SMA-200 reads an average of $8.18. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.72% during that period while stretching the period over a month that increases to 5.16%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 78.72 which implies that the stock is in overbought territory.

Over the week, FNA’s stock price is moving 11.12% up while it is 25.51% when we observe its performance for the past one month. Year-to-date it is 25.75% up and over the past year, the stock is showing an upside performance of 5.78%.

The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of -0.1 while estimate for next year EPS is -0.62. In next quarter, company is expected to be making quarterly sales of $69.55M as analysts are expecting the sales for current fiscal year at $255.23M and seeing the company making $291.39M in sales next year. Moreover, analysts are in estimates of $70.65M for current-quarter revenue.

Currently, Paragon 28 Inc’s total number of outstanding shares is 83.60M with 40.58% of that held by the insiders while 60.94% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -29.18% and return on equity (ROE) at -43.68%. Stock’s beta reads 1.53. Stock has a price to book (P/B) ratio of 7.79 while price to sale or P/S ratio amounts to 4.44. Its return on asset (ROA) is -24.45% on average.