$PRAX Getting ready for strong move After a long consolidation NASDAQ:PRAX appears ready for a move higher to 80. Not financial advice.
Next report date
—
Report period
—
EPS estimate
—
Revenue estimate
—
−10.30 USD
−123.28 M USD
2.45 M USD
17.23 M
About Praxis Precision Medicines, Inc.
Sector
CEO
Marcio Souza
Headquarters
Boston
Website
Founded
2015
FIGI
BBG00W9LF2G5
Praxis Precision Medicines, Inc. is a clinical-stage biopharmaceutical company, which engages in the genetic epilepsies into the development of therapies for central nervous system, or CNS, disorders characterized by neuronal excitation-inhibition imbalance. It focuses on two proprietary platforms: Cerebrum and Solidus. The Cerebrum platform utilizes a deep understanding of neuronal excitability and neuronal networks and applies a series of computational and experimental tools to develop orally available precision therapies. The Solidus platform consists of antisense oligonucleotide, or ASO. It is a targeted precision medicine discovery and development engine anchored on a proprietary, computational methodology. The company was founded by Kiran Reddy, David Goldstein, and Steven Petrou on September 22, 2015 and is headquartered in Boston, MA.
PRAX Analysis after new securities sales, and recent agreements8791877 = Shares as of 31st December + New sales to BCPE
@
initial book value of 10.12 + (443k shares @ 22.56)
= 10.832665237 new book value
+
approx 4230000 of shares and warrants sales approx near @33.5
= approx 18.84$ / share
+ $5M in cash payment
= 19.22$ / share
Total Shares = 13021877
Antic
PRAX Cup and HandlePRAX is forming a pretty clean cup and handle on the 65min chart. It also just filled a gap to the upside from March 2023. Been riding above the EMAs and the 50 just crossed the 200. RSI near overbought, but I view that as a sign of strength in this case. A clean break on volume above $46 could see
$PRAX says - I'm sexy and I know it!13.8$ being yesterday's high, today it registered a new 52 week low of 12.71 and rebounced 9% already,
Also rebouncing from the daily RSI level as low as around 24.4 up to 38.38 so far!
Should the stock close above 13.8$ today, that's a Strong indicator of the trend reversal to the upside!!!
Failed Double Bottom: Small vs Large Chart PatternsIn this example on the PRAX Daily Chart, you see a bullish double bottom fail to extend to new recent highs due to it being a part of a larger bearish pattern.
It demonstrates that the typical behavior of chart patterns can fail to produce their typical results if found within larger chart patter
Praxis Precision USA Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutua
$PRAX is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea
Praxis Precision Medicinesis is a clinical-stage biopharmaceutical company translating genetic insights into the development of therapies for central nervous system disorders characterized by a neuronal imbalance.
The share price is rising and gonna continue this
See all ideas
An aggregate view of professional's ratings.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of PRAX is 74.50 USD — it has increased by 1.97% in the past 24 hours. Watch Praxis Precision Medicines, Inc. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NASDAQ exchange Praxis Precision Medicines, Inc. stocks are traded under the ticker PRAX.
PRAX stock has fallen by −2.70% compared to the previous week, the month change is a 4.25% rise, over the last year Praxis Precision Medicines, Inc. has showed a 343.67% increase.
We've gathered analysts' opinions on Praxis Precision Medicines, Inc. future price: according to them, PRAX price has a max estimate of 270.00 USD and a min estimate of 57.00 USD. Watch PRAX chart and read a more detailed Praxis Precision Medicines, Inc. stock forecast: see what analysts think of Praxis Precision Medicines, Inc. and suggest that you do with its stocks.
PRAX reached its all-time high on Jan 8, 2021 with the price of 913.80 USD, and its all-time low was 11.84 USD and was reached on Mar 31, 2023. View more price dynamics on PRAX chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
PRAX stock is 6.69% volatile and has beta coefficient of 1.69. Track Praxis Precision Medicines, Inc. stock price on the chart and check out the list of the most volatile stocks — is Praxis Precision Medicines, Inc. there?
Today Praxis Precision Medicines, Inc. has the market capitalization of 1.39 B, it has increased by 1.81% over the last week.
Yes, you can track Praxis Precision Medicines, Inc. financials in yearly and quarterly reports right on TradingView.
Praxis Precision Medicines, Inc. is going to release the next earnings report on Mar 12, 2025. Keep track of upcoming events with our Earnings Calendar.
PRAX earnings for the last quarter are −2.75 USD per share, whereas the estimation was −1.99 USD resulting in a −38.26% surprise. The estimated earnings for the next quarter are −2.85 USD per share. See more details about Praxis Precision Medicines, Inc. earnings.
Praxis Precision Medicines, Inc. revenue for the last quarter amounts to 301.00 K USD, despite the estimated figure of 328.56 K USD. In the next quarter, revenue is expected to reach 405.56 K USD.
PRAX net income for the last quarter is −51.91 M USD, while the quarter before that showed −32.68 M USD of net income which accounts for −58.86% change. Track more Praxis Precision Medicines, Inc. financial stats to get the full picture.
No, PRAX doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
As of Nov 24, 2024, the company has 82.00 employees. See our rating of the largest employees — is Praxis Precision Medicines, Inc. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Praxis Precision Medicines, Inc. EBITDA is −163.59 M USD, and current EBITDA margin is −5.15 K%. See more stats in Praxis Precision Medicines, Inc. financial statements.
Like other stocks, PRAX shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Praxis Precision Medicines, Inc. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Praxis Precision Medicines, Inc. technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Praxis Precision Medicines, Inc. stock shows the buy signal. See more of Praxis Precision Medicines, Inc. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.