NASDAQ
PRAX

Praxis Precision Medicines Inc

Biotechnology
Healthcare

Prices are adjusted according to historical splits.

Praxis Precision Medicines Inc Stock Price

Vitals

Today's Low:
$1.27
Today's High:
$1.39
Open Price:
$1.27
52W Low:
$0.79
52W High:
$5.25
Prev. Close:
$1.28
Volume:
411422

Company Statistics

Market Cap.:
$201.81 million
Book Value:
0.822
Revenue TTM:
$1.46 million
Operating Margin TTM:
-10914.89%
Gross Profit TTM:
$0
Profit Margin:
0%
Return on Assets TTM:
-63.63%
Return on Equity TTM:
-128.33%

Company Profile

Praxis Precision Medicines Inc had its IPO on 2020-10-16 under the ticker symbol PRAX.

The company operates in the Healthcare sector and Biotechnology industry. Praxis Precision Medicines Inc has a staff strength of 109 employees.

Stock update

Shares of Praxis Precision Medicines Inc opened at $1.27 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $1.27 - $1.39, and closed at $1.37.

This is a +7.03% increase from the previous day's closing price.

A total volume of 411,422 shares were traded at the close of the day’s session.

In the last one week, shares of Praxis Precision Medicines Inc have slipped by -12.74%.

Praxis Precision Medicines Inc's Key Ratios

Praxis Precision Medicines Inc has a market cap of $201.81 million, indicating a price to book ratio of 1.1157 and a price to sales ratio of 0.

In the last 12-months Praxis Precision Medicines Inc’s revenue was $1.46 million with a gross profit of $0 and an EBITDA of $-159375008. The EBITDA ratio measures Praxis Precision Medicines Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Praxis Precision Medicines Inc’s operating margin was -10914.89% while its return on assets stood at -63.63% with a return of equity of -128.33%.

In Q2, Praxis Precision Medicines Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 0%.

Praxis Precision Medicines Inc’s PE and PEG Ratio

Forward PE
0
Trailing PE
0
PEG

Its diluted EPS in the last 12-months stands at $-3.18 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Praxis Precision Medicines Inc’s profitability.

Praxis Precision Medicines Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0.0116. Its price to sales ratio in the trailing 12-months stood at 0.

Praxis Precision Medicines Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$133.50 million
Total Liabilities
$24.43 million
Operating Cash Flow
$5.00 million
Capital Expenditure
$0
Dividend Payout Ratio
0%

Praxis Precision Medicines Inc ended 2024 with $133.50 million in total assets and $0 in total liabilities. Its intangible assets were valued at $133.50 million while shareholder equity stood at $105.63 million.

Praxis Precision Medicines Inc ended 2024 with $0 in deferred long-term liabilities, $24.43 million in other current liabilities, 13000.00 in common stock, $-602411000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $124.30 million and cash and short-term investments were $124.30 million. The company’s total short-term debt was $1,064,000 while long-term debt stood at $0.

Praxis Precision Medicines Inc’s total current assets stands at $129.83 million while long-term investments were $0 and short-term investments were $0.00. Its net receivables were $0 compared to accounts payable of $8.01 million and inventory worth $0.

In 2024, Praxis Precision Medicines Inc's operating cash flow was $5.00 million while its capital expenditure stood at $0.

Comparatively, Praxis Precision Medicines Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$1.37
52-Week High
$5.25
52-Week Low
$0.79
Analyst Target Price
$6.5

Praxis Precision Medicines Inc stock is currently trading at $1.37 per share. It touched a 52-week high of $5.25 and a 52-week low of $5.25. Analysts tracking the stock have a 12-month average target price of $6.5.

Its 50-day moving average was $1.21 and 200-day moving average was $1.77 The short ratio stood at 5.66 indicating a short percent outstanding of 0%.

Around 837.9% of the company’s stock are held by insiders while 7349.6% are held by institutions.

Frequently Asked Questions About Praxis Precision Medicines Inc

The stock symbol (also called stock or share ticker) of Praxis Precision Medicines Inc is PRAX

The IPO of Praxis Precision Medicines Inc took place on 2020-10-16

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About

Praxis Precision Medicines, Inc., a clinical-stage biopharmaceutical company, develops therapies for central nervous system disorders characterized by neuronal excitation-inhibition imbalance. It is developing ulixacaltamide, a small molecule inhibitor of T-type calcium channels that is in Phase IIb clinical trial for the treatment of essential tremor, as well as in Phase II clinical trial to treat Parkinson’s disease; PRAX-562 for the treatment of pediatric patients with developmental and epileptic encephalopathies (DEE); and PRAX-628 to treat focal epilepsy. The company also develops PRAX-222 for the treatment of pediatric patients with early-onset SCN2A-DEE; PRAX-020 to treat KCNT1 related epilepsies; PRAX-080 for the treatment of PCDH19; and PRAX-090 and PRAX-100 for SYNGAP1 and SCN2A-LoF. It has a license agreement with RogCon Inc.; a research collaboration and license agreement with Ionis Pharmaceuticals, Inc.; a strategic collaboration and license agreement with UCB Biopharma SRL; and collaboration with The Florey Institute to develop three novel ASOs. Praxis Precision Medicines, Inc. was incorporated in 2015 and is based in Boston, Massachusetts.

Address

99 High Street, Boston, MA, United States, 02110