ProQR Therapeutics N.V. (PRQR) Stock: Is This Biotechnology Stock Worth Your Time?

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ProQR Therapeutics N.V. (PRQR) is making a move down in the market today. The company, one that is focused on the biotechnology space, is presently trading at $6.80 after heading down -10.17% so far today. In terms of biotech stocks, there are quite a few factors that have the potential to generate declines in the market. One of the most common is news. Here are the most recent trending headlines surrounding PRQR:

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Nov-06-19 06:09PM Were Hedge Funds Right About Dumping ProQR Therapeutics NV (PRQR)?
11:24AM Blueprint Medicines (BPMC) Q3 Earnings & Sales Top Estimates
08:55AM ProQR (PRQR) Reports Q3 Loss, Misses Revenue Estimates
07:00AM ProQR Announces Recent Progress and Financial Results for the Third Quarter of 2019
Nov-05-19 11:45AM Acorda (ACOR) Q3 Earnings and Revenues Surpass Estimates

However, when making a decision with regard to investing, prospective investors should look into much more than news, especially in the generally speculative biotech industry. Here’s what’s happing when it comes to ProQR Therapeutics N.V..

Returns That PRQR Investors Have Seen

Although a move down on a single session, like the fall that we’re seeing from ProQR Therapeutics N.V. might cause fear in some investors, a single session move alone shouldn’t be the basis of a decision to, or not to, invest in a company. It is generally important to dig into trends just a single trading session. As it relates to PRQR, below are the returns that investors have experienced:

  • Past 5 Trading Sessions – Throughout the past five trading sessions, PRQR has generated a change in value that amounts to -9.93%.
  • Monthly – The performance from ProQR Therapeutics N.V. in the last month has been 12.03%.
  • Past 3 Months – Over the last quarter, the stock has generated a ROI of -23.08%
  • Bi-Annually – In the last six months, we have seen a change that equates to -36.69% from the stock.
  • This Year So Far – Since the open of this year PRQR has resulted in a return on investment of -56.91%.
  • Full Year – Finally, throughout the past full year, we’ve seen movement in the amount of -66.17% out of PRQR. Throughout this period, the stock has sold at a high price of -68.11% and a low price of 23.86%.

Ratios Worth Paying Attention To

Digging into a few key ratios having to do with a stock can give prospective investors an understanding of how dangerous and/or rewarding a an investment option may be. Below are some of the important ratios to look at when looking at PRQR.

Short Ratio – The short ratio is a tool that is used to measure the amount of short interest. The higher this ratio, the more investors are expecting that the value of the stock is going to tumble. Across the sector, biotech stocks can have a higher short ratio. However, we tend to see quite a few short squeezes in the space. Nonetheless, in relation to ProQR Therapeutics N.V., the stock’s short ratio comes to 6.35.

Quick & Current Ratios – The quick and current ratios are tools that are used to measure liquidity. Basically, they measure whether or not a company can cover its debts as they mature based on current assets or quick assets. Because many biotech companies rely heavily on the continuation of investor support, the current and quick ratios can seem bad. Nonetheless, several better companies in the biotechnology industry come with positive current and quick ratios. In terms of PRQR, the quick and current ratios work out to 7.00 and 7.00 respectively.  

Book To Share Value – The book to share value compares the current book value of assets currently owned by the company to the share price of the stock. as it relates to ProQR Therapeutics N.V., that ratio works out to 1.70.

Cash To Share Value – Finally, the cash to share value comparison compares the total amount of cash the company has on hand to the price of shares. Several early stage biotechnology companies have a hard time keeping cash on hand. So, if you’re looking into a biotechnology stock, this is an important ratio to look into. In this case, the cash to share value ratio comes to 1.55.

What Analysts Think About ProQR Therapeutics N.V.

Although it’s rarely a good idea to avoid doing your due diligence and blindly following the opinions of analysts, it is a good idea to use their thoughts when validating your own thoughts when it comes to making investment decisions in the biotech industry. Below are the recent moves that we’ve seen from analysts as it relates to PRQR.

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Mar-12-19 Reiterated Chardan Capital Markets Buy $21 → $25
Dec-19-18 Initiated RBC Capital Mkts Outperform
Nov-15-18 Initiated Citigroup Buy $32
Sep-19-18 Initiated Evercore ISI Outperform
Sep-26-17 Reiterated JMP Securities Mkt Outperform $14 → $20

What Are Big Money Players Doing With ProQR Therapeutics N.V.

One thing that I’ve learned in my short period here is that good investors tend to follow the moves made by big money. So, investors that are trying to keep their investments relatively safe will follow moves made by institutional investors as well as insiders. So, how does the big money flow in regard to PRQR? Here’s what’s going on:

  • Institutions – Currently, institutions own 61.00% of the company. On the other hand, it is important to note that institutional ownership has moved in the amount of 2.03% in the past 3 months.
  • Insiders – When it comes to insiders, insiders of the company currently hold 20.00% of the company. Insider ownership of the company has changed by 0.00% over the last quarter.

What You Need To Know About Share Counts

Investors and traders seem to have an interest in the total numbers of shares both outstanding and available. As far as ProQR Therapeutics N.V., there are currently 53.44M with a float of 41.91M. These data mean that of the total of 53.44M shares of PRQR currently in existence today, 41.91M are able to trade hands on the market.

I also find it important to follow the short float. Think about it, when a large percentage of the float is sold short, the overall feeling in the market is that the equity is headed for a deep dive. When it comes to PRQR, the percentage of the float that is sold short comes to a total of 3.42%. Most investors would say that a concerning short percent of the float is anything over 40%. Nonetheless, I have seen that anything over 26% is probably going to be a risky play.

What We’ve Seen In Financial Results

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

  • Analyst Expectations – At the moment, analysts expect that PRQR will come up with earnings per diluted share in the amount of -1.67, with -0.39 to be reported in the earnings announcement for the current quarter. Although this data isn’t based on earnings, because we are chatting on the topic of Wall St. analysts, ProQR Therapeutics N.V. is currently graded as a 1.70 on a scale from 1 to 5 where 1 is the worst average Wall Street analyst grade and 5 is the best rating.
  • 5-Year Sales – In the past 5 years, ProQR Therapeutics N.V. has announced a change in sales that comes to a total of 118.40%. Earnings through the past 5 years have generated a change of -47.50%.
  • Quarter Over Quarter – In terms of quarter over quarter earnings data, or Q/Q data as it is generally referred to as in today’s society, the company has generated a change in earnings that amounts to -74.60%. PRQR has also seen a change when it comes to sales volume that totals -83.30%.

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