Provention Bio, Inc. (PRVB) Stock: Seeing Gains In Today’s Session


Provention Bio, Inc. (PRVB) is trending up in the market today. The stock, focused on the biotechnology space, is presently priced at $10.65 after a move up of 5.97% so far today. In terms of biotech stocks, there are quite a few aspects that have the potential to generate price movement in the market. News tends to be one of the biggest reasons for the movement. Here are the most recent stories surrounding PRVB:

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Jul-12-19 07:15AM 5 Best Biotech Stocks of 2019 So Far
Jul-01-19 07:30AM ActoBio Therapeutics Progresses AG019 to Next Stage of a Phase Ib/IIa Clinical Study for the Treatment of Type 1 Diabetes
Jun-14-19 12:31PM Why Consistent Trading Doesn’t Always Lead To Consistent Results
Jun-13-19 07:49AM Provention Bio Cancels Secondary Offering, Shares Rally
07:27AM Provention Bio’s stock surges after calling off public stock offering

However, any time investors are making a decision to invest, investors should take a look at much more than news, this is especially the case in the highly speculative biotechnology sector. Here’s what’s going on with Provention Bio, Inc..

How PRVB Has Been Trending

Although a gain in a single session, like the move that we’re seeing from Provention Bio, Inc. might cause excitement in some investors, a single session gain by itself shouldn’t be the basis of a decision to, or not to, buy a company’s stock. It is generally smart to dig into trends further out than a single session. In the case of PRVB, here are the returns that we have seen:

  • Past Seven Days – Throughout the past five trading sessions, PRVB has seen a change in price amounting to -2.56%.
  • Past 30 Days – The ROI from Provention Bio, Inc. throughout the last month has been -8.97%.
  • Past Three Months – In the past three months, the company has produced a return that comes to 167.59%
  • Bi-Annually – Throughout the previous 6 months, we have seen a performance that equates to 332.93% from the stock.
  • This Year So Far – Since the open of this year PRVB has produced a ROI of 501.69%.
  • Full Year – Lastly, over the past full year, we’ve seen a change amounting to 166.25% from PRVB. Throughout this period, the stock has sold at a high price of -53.33% and a low of 600.66%.

Rations That Investors Should Consider

Looking at a few key ratios having to do with a company can provide prospective traders a view of just how risky and/or rewarding a stock pick might be. Here are a few of the most important ratios to think about when looking at PRVB.

Short Ratio – The short ratio is a tool that’s used by investors to measure the level of short interest. The higher this short ratio, the more investors are expecting that the stock is headed for declines. Throughout the sector, biotech stocks tend to have a higher short ratio. On the other hand, we tend to see a lot of short squeezes in the industry. Nonetheless, as it relates to Provention Bio, Inc., it’s short ratio amounts to 1.09.

Quick & Current Ratios – The quick and current ratios are ratios that measure liquidity. Essentially, they measure If a company is able to cover its debts when they mature using quick assets or current assets. Because many biotech companies rely on continued support from investors, these ratios can look damning. Nonetheless, some good picks in the biotechnology space do have great current and quick ratios. In terms of PRVB, the quick and current ratios add up to 17.50 and 17.50 respectively.  

Book To Share Value – The book to share value compares the the price of shares to the book value of assets owned by the company. In this particular case, the book to share value ratio works out to 1.31.

Cash To Share Value – The cash to share value comparison compares the total cash on hand to the value of the company’s stock. Several early stage biotech companies struggle to keep cash on hand. So, if you’re considering an investment in a stock in the biotechnology space, this is an important ratio to think about. In the case of PRVB, the cash to share value comes to 1.35.

Analyst Opinions With Regard To Provention Bio, Inc.

While it’s rarely a smart idea to avoid doing your due diligence and blindly following the thoughts of analysts, it is a smart idea to consider their opinions when validating your own opinions when it comes to making investment decisions in the biotech space. Below are the recent moves that we have seen from analysts when it comes to PRVB.

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Jun-26-19 Reiterated H.C. Wainwright Buy $8 → $20
Jun-10-19 Initiated Chardan Capital Markets Buy $20
Feb-22-19 Initiated SVB Leerink Outperform $6

Big Money And Provention Bio, Inc.

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in PRVB, here’s what we’re seeing:

  • Institutional Investors – As it stands now, institutional investors hold 6.30% of the company. Nonetheless, it is worth noting that the ownership held by institutions has seen a move in the amount of 2.27% in the past quarter.
  • Investors On The Inside – As far as insiders go, members of the management team and others close to PRVB currently hold 7.20% of Provention Bio, Inc.. Insider ownership of the company has moved 0 throughout the past 3 months.

A Look At Share Counts

Traders seem to be interested in the amounts of shares both available and outstanding. In terms of Provention Bio, Inc., currently there are 37.98M and there is a float of 24.58M. These data mean that out of the total of 37.98M shares of PRVB in existence today, 24.58M are able to be traded in the public space.

I also like to dig into the short percentage of the float. After all, when a high percentage of the float is sold short, the overall opinion in the market is that the company is headed for a dive. In regard to PRVB, the percentage of the float that is currently being sold short sits at 3.97%. In general, concerning short percent of the float would be any percentage over 40%. Nonetheless, I’ve found that any short ratio over 26% is likely a a play that could prove to be very risky.

Financial Results And Expectations

What have ween seen from PRVB in terms of financial results?Here’s the data:

  • Analyst Expectations – As it stands at the moment, Wall Street analysts are expecting that the company will create EPS coming to a total of -1.12, with -0.31 to be announced in the earnings report for the current quarter. Although this information isn’t associated with earnings, because we are chatting about Wall Street analysts, the stock is currently graded as a 1.70 on a scale from 1 to 5 where 1 is the poorest possible analyst rating and 5 is the best.
  • 5-Year Sales – Throughout the past half decade, Provention Bio, Inc. has reported a movement in revenue that works out to be 0. Earnings per share in the last 5 years have seen movement in the amount of 0.
  • Q/Q – In terms of quarter over quarter data, or Q/Q data as it is generally explained in the world of humans, Provention Bio, Inc. has created a earnings change by -91.80%. PRVB has also seen movement in regard to sales volume that amounts to 0.

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