ProKidney Announces Five Abstracts Selected for Presentation at the American Society of Nephrologys Kidney Week 2024
PROK Stock | USD 1.85 0.03 1.60% |
About 68% of ProKidney Corp's investor base is looking to short. The analysis of the overall investor sentiment regarding ProKidney Corp suggests that many traders are alarmed. ProKidney Corp's investing sentiment shows overall attitude of investors towards ProKidney Corp.
ProKidney |
WINSTON-SALEM, N.C., Oct. 14, 2024 -- ProKidney Corp. , a leading late clinical-stage cellular therapeutics company focused on chronic kidney disease , today announced that the Company will present five posters, including one late-breaking clinical trial, at the upcoming American Society of Nephrologys Kidney Week being held on October 23-27, 2024, in San Diego, CA. The titles for the accepted abstracts are provided below
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ProKidney Corp Current Investor Sentiment
Panic Vs Confidence
32
Panic | Confidence |
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ProKidney Corp Investor Sentiment by Other News Outlets
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ProKidney Corp Fundamental Analysis
We analyze ProKidney Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ProKidney Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ProKidney Corp 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.
Return On Equity
Return On Equity Comparative Analysis
ProKidney Corp is currently under evaluation in return on equity category among its peers. Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
ProKidney Corp 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 ProKidney Corp stock to make a market-neutral strategy. Peer analysis of ProKidney Corp could also be used in its relative valuation, which is a method of valuing ProKidney Corp by comparing valuation metrics with similar companies.
Peers
ProKidney Corp Related Equities
ARVN | Arvinas | 6.13 | ||||
GLUE | Monte Rosa | 5.93 | ||||
ERAS | Erasca | 5.04 | ||||
VTYX | Ventyx Biosciences | 4.33 | ||||
BDTX | Black Diamond | 4.05 | ||||
KURA | Kura Oncology | 3.91 | ||||
PCVX | Vaxcyte | 2.77 | ||||
PLRX | Pliant Therapeutics | 1.42 | ||||
THRD | Third Harmonic | 1.39 | ||||
STOK | Stoke Therapeutics | 1.19 | ||||
IMCR | Immunocore Holdings | 1.17 | ||||
LYEL | Lyell Immunopharma | 1.10 | ||||
RLAY | Relay Therapeutics | 0.84 | ||||
PMVP | Pmv Pharmaceuticals | 0.63 | ||||
EWTX | Edgewise Therapeutics | 0.37 | ||||
PTGX | Protagonist Therapeutics | 0.27 | ||||
RVMD | Revolution Medicines | 0.09 | ||||
MRUS | Merus BV | 1.96 | ||||
ACLX | Arcellx | 2.08 | ||||
REPL | Replimune | 2.29 |
Check out ProKidney Corp Hype Analysis, ProKidney Corp Correlation and ProKidney Corp Performance. For more information on how to buy ProKidney Stock please use our How to buy in ProKidney Stock guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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 ProKidney Corp. If investors know ProKidney 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 ProKidney Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.54) | Return On Assets (0.20) | Return On Equity (0.31) |
The market value of ProKidney Corp is measured differently than its book value, which is the value of ProKidney that is recorded on the company's balance sheet. Investors also form their own opinion of ProKidney Corp's value that differs from its market value or its book value, called intrinsic value, which is ProKidney Corp'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 ProKidney Corp's market value can be influenced by many factors that don't directly affect ProKidney Corp'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 ProKidney Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProKidney Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProKidney Corp'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.