Prime Medicine Inc's fundamentals are relatively stable, with an industry-leading ESG disclosure.and its growth potential is significant.Its valuation is considered fairly valued, ranking 155 out of 382 in the Biotechnology & Medical Research industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 6.92.In the medium term, the stock price is expected to trend down.The company has shown very weak stock market performance over the past month, in line with its fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Prime Medicine Inc is 5.47, ranking 350 out of 382 in the Biotechnology & Medical Research industry. Its financial status is weak, and its operating efficiency is low. Its latest quarterly revenue reached 856.00K, representing a year-over-year decrease of 41.13%, while its net profit experienced a year-over-year decrease of 5.33%.
Key Metrics
The current valuation score of Prime Medicine Inc is 5.76, ranking 353 out of 382 in the Biotechnology & Medical Research industry. Its current P/E ratio is -2.38, which is -69.94% below the recent high of -0.71 and -508.11% above the recent low of -14.45.
The current earnings forecast score of Prime Medicine Inc is 8.00, ranking 161 out of 382 in the Biotechnology & Medical Research industry. The average price target is 6.00, with a high of 9.00 and a low of 4.25.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Prime Medicine Inc is 5.87, ranking 298 out of 382 in the Biotechnology & Medical Research industry. Currently, the stock price is trading between the resistance level at 3.66 and the support level at 2.56, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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The current institutional shareholding score of Prime Medicine Inc is 5.00, ranking 135 out of 382 in the Biotechnology & Medical Research industry. The latest institutional shareholding proportion is 68.55%, representing a quarter-over-quarter increase of 9.13%. The largest institutional shareholder is Catherine Wood, holding a total of 6.25M shares, representing 3.46% of shares outstanding, with 46.71% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Biotechnology & Medical Research domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Prime Medicine Inc is 3.35, ranking 139 out of 382 in the Biotechnology & Medical Research industry. The company's beta value is 2.32. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. with an industry-leading ESG disclosure.
