Passage Bio Stock Filter Stocks by Fundamentals
PASG Stock | USD 0.62 0.11 21.57% |
Passage Bio fundamentals help investors to digest information that contributes to Passage Bio's financial success or failures. It also enables traders to predict the movement of Passage Stock. The fundamental analysis module provides a way to measure Passage Bio's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Passage Bio stock.
Passage | Shares Owned by Institutions |
Passage Bio Institutional Holders
Institutional Holdings refers to the ownership stake in Passage Bio that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Passage Bio's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Passage Bio's value.Shares | Fiduciary Trust Co | 2024-09-30 | 215 K | Rbf Llc | 2024-06-30 | 142.8 K | State Street Corp | 2024-06-30 | 123.9 K | Two Sigma Investments Llc | 2024-09-30 | 98 K | Marquette Asset Management Inc. | 2024-06-30 | 85.5 K | Landscape Capital Management,llc | 2024-09-30 | 53.9 K | Northern Trust Corp | 2024-09-30 | 40.3 K | Engineers Gate Manager Lp | 2024-09-30 | 34.8 K | Xtx Topco Ltd | 2024-09-30 | 29.6 K | Orbimed Advisors, Llc | 2024-06-30 | 10.1 M | Vestal Point Capital Lp | 2024-06-30 | 6.1 M |
Passage Fundamentals
Return On Equity | -0.64 | ||||
Return On Asset | -0.34 | ||||
Current Valuation | (20.65 M) | ||||
Shares Outstanding | 61.77 M | ||||
Shares Owned By Insiders | 0.49 % | ||||
Shares Owned By Institutions | 59.68 % | ||||
Number Of Shares Shorted | 1.64 M | ||||
Price To Book | 0.43 X | ||||
EBITDA | (98.34 M) | ||||
Net Income | (102.06 M) | ||||
Cash And Equivalents | 239.25 M | ||||
Cash Per Share | 4.39 X | ||||
Total Debt | 26.29 M | ||||
Debt To Equity | 0.11 % | ||||
Current Ratio | 9.23 X | ||||
Book Value Per Share | 2.02 X | ||||
Cash Flow From Operations | (78.26 M) | ||||
Short Ratio | 6.61 X | ||||
Earnings Per Share | (1.17) X | ||||
Target Price | 7.67 | ||||
Number Of Employees | 58 | ||||
Beta | 1.2 | ||||
Market Capitalization | 38.36 M | ||||
Total Asset | 150.54 M | ||||
Retained Earnings | (594.47 M) | ||||
Working Capital | 101.62 M | ||||
Current Asset | 144.91 M | ||||
Current Liabilities | 3.09 M | ||||
Net Asset | 150.54 M |
About Passage Bio Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Passage Bio's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Passage Bio using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Passage Bio based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When determining whether Passage Bio is a strong investment it is important to analyze Passage Bio's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Passage Bio's future performance. For an informed investment choice regarding Passage Stock, refer to the following important reports:Check out Passage Bio Piotroski F Score and Passage Bio Altman Z Score analysis. For more detail on how to invest in Passage Stock please use our How to Invest in Passage Bio guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Passage Bio. If investors know Passage will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Passage Bio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.17) | Return On Assets (0.34) | Return On Equity (0.64) |
The market value of Passage Bio is measured differently than its book value, which is the value of Passage that is recorded on the company's balance sheet. Investors also form their own opinion of Passage Bio's value that differs from its market value or its book value, called intrinsic value, which is Passage Bio's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Passage Bio's market value can be influenced by many factors that don't directly affect Passage Bio's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Passage Bio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Passage Bio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Passage Bio's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.