Active Watch List: PTC Therapeutics, Inc. (NASDAQ:PTCT)
PTC Therapeutics, Inc. (NASDAQ:PTCT) announced that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) has completed their review of a proposed indication extension of Translarna™ (ataluren) for the treatment of patients with nonsense mutation Duchenne muscular dystrophy (nmDMD) who are non-ambulatory. While the CHMP adopted a negative opinion of the extension, PTC was informed by EMA representatives that the European Public Assessment Report (EPAR) will be updated to clarify that patients who start Translarna while ambulatory are not required to discontinue treatment after loss of ambulation.
The stock Earnings per share (EPS) and the diluted EPS are the profitability measures used in the fundamental analysis of companies. The figure of EPS only takes into account a PTC Therapeutics, Inc. (NASDAQ:PTCT) common shares, whereas the very important diluted EPS take into account all the convertible securities such as convertible bonds/convertible preferred stock, which are changed into equity or common stock. Dilutive effects occur when the number of shares increases, for example, through a new issue. If a company issues more shares to shareholders and other investors, this increases the number of shares outstanding and decreases the company’s earnings per share. Ultimately, this can decrease the stock price.PTC Therapeutics, Inc. (NASDAQ:PTCT) Diluted EPS is -3.52, whereas the EPS Estimate for next year is -1.29. The Annual EPS Growth of past 5 years is 11.90% and PTC Therapeutics, Inc. (NASDAQ:PTCT) yearly performance is 41.87% and net profit margin is -69.00%.
Key Performance indicators for PTC Therapeutics, Inc. (NASDAQ:PTCT), in last 4 months the performance of PTCT was 19.55% while its price to sale ratio is 9.61 and price to book ratio is 4.90. Company gross margin stands at 95.40% whereas its return on investment (ROI) is -23.00%.
On 28 June 2019, PTC Therapeutics, Inc. (NASDAQ:PTCT), a Healthcare sector firm, traded 2.01 Million shares in last trading session and stock moved up 4.31% with closing price of $45.00 per share. with PTC Therapeutics, Inc. (NASDAQ:PTCT) traded 2.01 Million shares. The PTCT distance from 20 day simple moving average is 8.20% and distance from 50-Day simple moving average is 13.22%.The relative strength index for stock is 64.39 and Average true range of PTCT is 1.76.
Analyst’s mean target price for PTCT is $50.43 while analysts mean recommendation is 1.90. The Stock value has moved between $27.61 – 48.91 in last one year. PTCT market capitalization is 2520.90 with beta of 1.72. Company has 0.30% insider ownership.
PTC Therapeutics, Inc. (NASDAQ:PTCT) is under coverage by number of analysts. Stock has got OUTPERFORM rating from 3 of Thomson Reuters analysts, 3 given HOLD rating to the stock and 0 given UNDERPERFORM rating. Buy rating has been given by 4 analysts to the company stock.