With 60.86M Outstanding Shares, Can Pliant Therapeutics Inc (NASDAQ: PLRX) Deliver Big Short-Term Gains?

Pliant Therapeutics Inc (NASDAQ:PLRX) currently has a daily average trading volume of 2.75M but it saw 806316 shares traded in last market. With a market cap of 92.08M USD, the company’s current market price of $1.54 came rising about 2.67 while comparing to the previous closing price of $1.50. In past 52 weeks, the stock remained buoying in the range of price level as high as $16.52 and as low as $1.10. In the recent trading on the day, stock has struck highest price mark of $1.53 while lowest mark touched by it was $1.58.

Taking a look at 20-day trading activity of Pliant Therapeutics Inc (PLRX) gives us an average price of $1.3955, while its current price level is -90.68% below from 52-week high level whereas it is 39.99% 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 $1.8792 while that of 200 days or SMA-200 reads an average of $10.0914. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.60% during that period while stretching the period over a month that increases to 8.80%. 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 41.17 which implies that the stock is in neutral territory.

Over the week, PLRX’s stock price is moving 5.48% up while it is -3.14% when we observe its performance for the past one month. Year-to-date it is -88.31% down and over the past year, the stock is showing a downside performance of -87.70%.

The company is expected to be releasing its next quarterly report on 2025-Mar-02, for which analysts forecasted an EPS of -0.75 while estimate for next year EPS is -2.29.

Currently, Pliant Therapeutics Inc’s total number of outstanding shares is 60.86M with 3.27% of that held by the insiders while 116.91% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -57.82% and return on equity (ROE) at -54.09%. Stock’s beta reads 1.35. Stock has a price to book (P/B) ratio of 0.31. Its return on asset (ROA) is -46.27% on average.