Acquisition by Novak Alfred J of 750 shares of Pasithea Therapeutics at 5.61 subject to Rule 16b-3

KTTA Stock  USD 1.11  0.07  6.73%   
About 56% of all Pasithea Therapeutics' investors are looking to take a long position. The analysis of the overall investor sentiment regarding Pasithea Therapeutics Corp suggests that some traders are interested. The current market sentiment, together with Pasithea Therapeutics' historical and current headlines, can help investors time the market. In addition, many technical investors use Pasithea Therapeutics stock news signals to limit their universe of possible portfolio assets.
  
Filed transaction by Pasithea Therapeutics Corp Director. Grant, award or other acquisition pursuant to Rule 16b-3(d)

Read at macroaxis.com
Acquisition of 750 common stock at 5.61 of Pasithea Therapeutics by Novak Alfred J on 12th of June 2024. This event was filed by Pasithea Therapeutics Corp with SEC on 2024-06-12. Statement of changes in beneficial ownership - SEC Form 4

Pasithea Therapeutics Fundamental Analysis

We analyze Pasithea Therapeutics' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pasithea Therapeutics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pasithea Therapeutics 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.

Total Debt

Total Debt Comparative Analysis

81.7K6.5B1.9B28.3M100%
Pasithea Therapeutics is currently under evaluation in total debt category among its peers. Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.

Pasithea Therapeutics Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Pasithea Therapeutics stock to make a market-neutral strategy. Peer analysis of Pasithea Therapeutics could also be used in its relative valuation, which is a method of valuing Pasithea Therapeutics by comparing valuation metrics with similar companies.

Peers

Pasithea Therapeutics Related Equities

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MNOVMediciNova   5.44   
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REVBRevelation Biosciences   3.98   
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QNRXQuoin Pharmaceuticals   3.45   
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KRONKronos Bio   2.17   
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KZRKezar Life   0.69   
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KPRXKiora Pharmaceuticals   0.31   
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RNXTRenovoRx   2.94   
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FBRXForte Biosciences   3.33   
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INDPIndaptus Therapeutics   3.57   
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ABVCABVC Biopharma   5.80   
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Complementary Tools for Pasithea Stock analysis

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