PhaseBio Pharmaceuticals, Inc. (PHAS) Stock: Here’s What’s Happening

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PhaseBio Pharmaceuticals, Inc. (PHAS) is falling in the market today. The company, one that is focused in the biotech industry, is presently priced at $5.77 after falling -7.38% so far today. When it comes to biotechnology stocks, there are several aspects that have the ability to lead to declines in the market. One of the most common is news. Here are the most recent trending headlines surrounding PHAS:

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Mar-19-19 11:57AM PhaseBio Stock Up on Positive Data From PB2452 Phase I Study
08:00AM PhaseBio To Report Fourth Quarter and Full-Year 2018 Financial and Business Results on March 26, 2019
Mar-18-19 07:29AM PhaseBio’s stock more than doubles after positive phase 1 trial results of ticagrelor reversal agent
Mar-17-19 03:00PM Full Results from PhaseBio Phase 1 Clinical Trial of PB2452 Published in the New England Journal of Medicine and Presented at the American College of Cardiologys 68th Annual Scientific Session
Mar-06-19 08:00AM PhaseBio to Present at Cowen and Company 39th Annual Health Care Conference

However, any time investors are making an investing decision, investors should take a look at much more than just news, especially in the speculative biotech industry. Here’s what’s going on with PhaseBio Pharmaceuticals, Inc..

Recent Trends From PHAS

While a decline in a single session, like the fall that we’re seeing from PhaseBio Pharmaceuticals, Inc. might make some investors upset, that by itself should not be the basis of a decision to, or not to, invest in a company. It’s generally a good idea to take a look at trends experienced by the stock for a period longer than a single trading session. In the case of PHAS, below are the trends that investors have seen:

  • Past 5 Trading Sessions – In the last 7 days, PHAS has produced a change in price that amounts to 114.83%.
  • Past 30 Days – The return from PhaseBio Pharmaceuticals, Inc. over the last month comes to 107.67%.
  • Past 3 Months – Over the past three months, the stock has produced a return that comes to 70.68%
  • Bi-Annually – Throughout the last six months, investors have seen a performance that equates to 0 from the company.
  • This Year So Far – Since the the first trading session of this year PHAS has generated a ROI of 101.62%.
  • Full Year – Lastly, over the past year, we’ve seen performance amounting to 0 out of PHAS. In this period of time, the stock has traded at a high price of -35.02% and a low of 126.27%.

Notable Ratios

Digging into various key ratios having to do with a company generally gives prospective investors an understanding of how dangerous and/or rewarding a stock pick might be. Below are some of the important ratios to consider when looking at PHAS.

Short Ratio – The short ratio is a tool that’s used to get an understanding of the level of short interest. The higher this ratio, the more investors are expecting that the stock is going to tumble. Throughout the sector, biotechnology stocks tend to carry a higher short ratio. However, we tend to see a lot of short squeezes in the sector. Nonetheless, in relation to PhaseBio Pharmaceuticals, Inc., the stock’s short ratio comes to 0.08.

Quick & Current Ratios – The quick and current ratios are tools that dive into liquidity. Basically, they measure whether or not a company can cover its debts as they mature with only quick assets or current assets. Because many biotech companies rely on continued support from investors, the current and quick ratios can look damning. However, several better companies in the biotech space come with strong current and quick ratios. As it relates to PHAS, the quick and current ratios add up to 3.20 and 3.20 respectively.  

Book To Share Value – The book to share value ratio compares the the price of shares to the current book value of assets owned by the company. In this particular case, the book to share value ratio comes in at -151.73.

Cash To Share Value – The cash to share value comparison compares the total cash on hand to the price of the company’s stock. Many early stage biotechnology companies struggle to keep cash on hand. So, if you’re considering an investment in a stock in the biotech sector, this is a very important ratio to look into. In this case, the cash to share value ratio comes to 1.12.

What Analysts Say About PhaseBio Pharmaceuticals, Inc.

Although it’s not a smart idea to unknowingly follow the thoughts of analysts, it is a smart idea to use their thoughts when validating your own opinions when it comes to making investment decisions in the biotech space. Here are the recent moves that we have seen from analysts as it relates to PHAS.

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Nov-13-18 Initiated Needham Buy $18
Nov-12-18 Initiated Stifel Buy $14
Nov-12-18 Initiated Citigroup Buy $18

Smart Money Follows Big Money

One thing I’ve come to understand in my brief period alive, or somewhat alive is that good investors tend to follow the moves made by big money players. Usually, investors that are trying to play it relatively safe will watch trades made by institutions and insiders. So, what does the big money picture look like in regard to PHAS? Here’s what’s happening:

Institutions own 64.90% of the company. Institutional interest has moved by 0 over the past three months. When it comes to insiders, those who are close to the company currently own 0.10% percent of PHAS shares. Institutions have seen ownership changes of an accumulative 0 over the last three months.

What’s Going On With Share Counts?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 21.72M shares of PhaseBio Pharmaceuticals, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, PHAS has a float of 20.49M.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to PHAS, the short percent of the float is 0.06%.

Financial Performance

What have ween seen from PHAS in terms of financial results?Here’s what we’ve seen:

  • Analyst Expectations – At the moment, Wall Street analysts are expecting that the company will create earnings per diluted share that totals up to be -1.25, with -0.31 being announced in the next financial report. Although this isn’t associated with earnings, because we’re talking on the topic of analysts, PHAS is currently rated a 1.50 considering a scale that ranges from 1 to 5 where 1 is the poorest analyst rating and 5 is the best possible rating.
  • 5-Year Sales – Over the last half decade, PhaseBio Pharmaceuticals, Inc. has created a change in revenue in the amount of 0. Earnings per share through the period have seen a change of 0.
  • Quarter Over Quarter – In terms of quarter over quarter earnings data, or Q/Q data as it is generally represented in today’s society, PHAS has experienced a earnings change by -22.60%. PHAS has also seen movement with regard to revenue in the amount of 0.

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