Plus Therapeutics, Inc. (PSTV) Stock: Here’s What’s Happening

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Plus Therapeutics, Inc. (PSTV) is falling in the market today. The stock, one that is focused on the biotechnology industry, is currently trading at $2.32 after heading down -4.13% so far today. When it comes to biotechnology stocks, there are quite a few aspects that have the ability to lead to price movement in the market. News tends to be one of the biggest reasons for the movement. Here are the recent stories associated with PSTV:

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Oct-15-19 09:20AM Plus Therapeutics Receives $4.6MM Reimbursement Payment
Sep-26-19 04:10PM Plus Therapeutics, Inc. Announces Closing of $15 Million Underwritten Public Offering
Sep-23-19 12:15PM Plus Therapeutics, Inc. Announces Pricing Of $15 Million Underwritten Public Offering
06:10AM Plus Therapeutics to Receive $4.6MM Reimbursement Payment
Oct-15-19 09:20AM Plus Therapeutics Receives $4.6MM Reimbursement Payment

Nonetheless, when making a decision with regard to investing, investors should look into much more than just news, this is especially the case in the speculative biotech industry. Here’s what’s happening in regard to Plus Therapeutics, Inc..

The Performance That We’ve Seen From PSTV

Although a move down on a single session, like the fall that we’re seeing from Plus Therapeutics, Inc. might lead to fear in some investors, a single session move by itself should not be the basis of a decision to, or not to, invest in a company. It is generally smart to look at trends experienced by the stock for a period longer than a single trading day. As it relates to PSTV, below are the trends that we have seen:

  • Weekly – Throughout the past 5 trading sessions, PSTV has produced a price change amounting to -12.00%.
  • Past 30 Days – The return from Plus Therapeutics, Inc. over the past 30 days works out to -29.24%.
  • Past 3 Months – In the last three months, the stock has generated a return that comes to -75.18%
  • Past Six Months – In the previous 6 months, investors have seen a performance that equates to -82.90% from the company.
  • YTD – Since the close of last year PSTV has generated a return of -83.31%.
  • Annually – Lastly, over the past year, we’ve seen a change that comes to -86.44% out of PSTV. In this period, the stock has traded at a high price of -90.51% and a low of 7.41%.

Ratios To Watch

Looking at a few ratios associated with a company can provide prospective traders an understanding of just how risky and/or rewarding a pick might be. Below are a few of the important ratios to consider when looking at PSTV.

Short Ratio – The short ratio is a measure of short interest. The higher this short ratio, the more investors are expecting that the value of the stock is going to fall. Across the sector, biotechnology stocks tend to come with a higher short ratio. On the other hand, we also see quite a few short squeezes in the industry. Nonetheless, in relation to Plus Therapeutics, Inc., it’s short ratio comes to 0.06.

Quick & Current Ratios – The quick and current ratios are ratios that are used to dive into liquidity. Essentially, they measure the company’s abilities to pay for its debts when they mature based on quick assets or current assets. In the biotech space, companies are reliant on continued support from investors, the quick and current ratios can seem damning. However, some good picks in the biotech sector do have positive quick and current ratios. When it comes to PSTV, the quick and current ratios total up to 0.40 and 0.40 respectively.  

Book To Share Value – The book to share value ratio compares the book value of assets currently owned by the company to the share price. In this particular case, the book to share value ratio comes in at -14.18.

Cash To Share Value – The cash to share value ratio 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, when investing in the biotech industry, this is a very important ratio to consider. In this case, the cash to share value ratio comes to 1.30.

What Analysts Think About Plus Therapeutics, Inc.

Although it’s rarely a smart idea to blindly follow the thoughts of analysts, it is a good idea to consider their thoughts when validating your own before making investment decisions in the biotechnology industry. Here are the most recent moves that we’ve seen from analysts as it relates to PSTV.

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Smart Money Follows Big Money

An interesting fact that I have learned so far in my brief period alive, or somewhat alive has been that good investors tend to follow big money. In other words, investors that want to keep their investments relatively safe will keep their eyes on moves made by institutional investors and insiders. With that said, how does the big money flow when it comes to PSTV? Here’s what’s going on:

Institutions own 16.50% 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 percent of PSTV shares. Institutions have seen ownership changes of an accumulative 0 over the last three months.

Interested In How Many Shares Are Available?

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 3.45M shares of Plus Therapeutics, 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, PSTV has a float of 3.41M.

I also find it important to pay attention to the short percent. Think about it, if a high percentage of the float available for trading is shorted, the overall opinion in the market is that the company is headed for a deep dive. As far as it relates to PSTV, the percentage of the float that is currently being sold short is 1.27%. In general, concerning short percent of the float is anything over 40%. In my research, I have seen that anything over 26% is generally a risky play.

What We’ve Seen In earnings results

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

  • Analyst Expectations – At the moment, analysts have expectations that PSTV will create EPS that comes to -25.78, with -5.85 being announced in the next financial report. Although this information is not earnings driven, since we’re talking on the topic of Wall St. analysts, Plus Therapeutics, Inc. is currently rated a 0 on a scale from 1 to 5 on which 1 is the worst average Wall St. analyst rating and 5 is the best rating.
  • 5-Year Sales – Throughout the last 5 years, Plus Therapeutics, Inc. has generated a change in sales that works out to be -11.40%. Earnings per diluted share in the past 5 years have experienced movement in the amount of 0.
  • Quarter Over Quarter – when it comes to quarter over quarter earnings data, or Q/Q data as it is commonly represented in today’s society, PSTV has created a change in earnings that amounts to 72.30%. The company has also experienced a change in regard to revenue that amounts to -66.70%.

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