NASDAQ:PASG

Passage Bio (PASG) Stock Price, News & Analysis

$1.23
-0.01 (-0.99%)
(As of 03:11 PM ET)
Today's Range
$1.20
$1.26
50-Day Range
$1.14
$1.73
52-Week Range
$0.58
$1.79
Volume
5,878 shs
Average Volume
352,892 shs
Market Capitalization
$75.64 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.33

Passage Bio MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
677.7% Upside
$9.33 Price Target
Short Interest
Bearish
4.24% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.65mentions of Passage Bio in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$3,015 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($1.27) to ($0.79) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.82 out of 5 stars

Medical Sector

347th out of 907 stocks

Biological Products, Except Diagnostic Industry

48th out of 153 stocks

PASG stock logo

About Passage Bio Stock (NASDAQ:PASG)

Passage Bio, Inc., a genetic medicines company, develops gene therapies for central nervous system diseases. It develops PBGM01, a functional GLB1 gene encoding ß-galactosidase for infantile GM1; PBFT02, a functional granulin (GRN) and gene encoding progranulin (PGRN) for the treatment of FTD caused by progranulin deficiency; and PBKR03, a functional GALC gene encoding the hydrolytic enzyme galactosylceramidase for infantile Krabbe disease. The company develops PBML04 for the treatment of metachromatic leukodystrophy; PBAL05 for the treatment of amyotrophic lateral sclerosis; and other program for huntington's disease. It has a strategic research collaboration with the Trustees of the University of Pennsylvania's Gene Therapy Program; and collaboration agreement, and a development services and clinical supply agreement with Catalent Maryland, Inc. Passage Bio, Inc. was incorporated in 2017 and is headquartered in Philadelphia, Pennsylvania.

PASG Stock Price History

PASG Stock News Headlines

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Passage Bio (NASDAQ:PASG) Stock Price Down 5.5%
PASG Apr 2024 7.500 call
PASG Apr 2024 5.000 call
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Passage Bio Inc (PASG)
PASG/USD - Passage US Dollar
Passage Bio Inc Ordinary Shares
Recap: Passage Bio Q3 Earnings
See More Headlines
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Company Calendar

Last Earnings
3/04/2024
Today
4/25/2024
Next Earnings (Estimated)
5/09/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Biological products, except diagnostic
Sub-Industry
N/A
Current Symbol
NASDAQ:PASG
Fax
N/A
Employees
58
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$9.33
High Stock Price Target
$14.00
Low Stock Price Target
$5.00
Potential Upside/Downside
+660.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-102,060,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$2.03 per share

Miscellaneous

Free Float
53,972,000
Market Cap
$75.64 million
Optionable
Optionable
Beta
1.30
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PASG Stock Analysis - Frequently Asked Questions

Should I buy or sell Passage Bio stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Passage Bio in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PASG shares.
View PASG analyst ratings
or view top-rated stocks.

What is Passage Bio's stock price target for 2024?

3 analysts have issued 1 year target prices for Passage Bio's shares. Their PASG share price targets range from $5.00 to $14.00. On average, they predict the company's stock price to reach $9.33 in the next year. This suggests a possible upside of 677.7% from the stock's current price.
View analysts price targets for PASG
or view top-rated stocks among Wall Street analysts.

How have PASG shares performed in 2024?

Passage Bio's stock was trading at $1.01 at the beginning of the year. Since then, PASG stock has increased by 18.8% and is now trading at $1.2001.
View the best growth stocks for 2024 here
.

Are investors shorting Passage Bio?

Passage Bio saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 1,750,000 shares, an increase of 32.6% from the March 31st total of 1,320,000 shares. Based on an average daily trading volume, of 346,200 shares, the days-to-cover ratio is currently 5.1 days. Approximately 4.2% of the shares of the company are short sold.
View Passage Bio's Short Interest
.

When is Passage Bio's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our PASG earnings forecast
.

How were Passage Bio's earnings last quarter?

Passage Bio, Inc. (NASDAQ:PASG) released its quarterly earnings results on Monday, March, 4th. The company reported ($0.30) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.41) by $0.11.

What other stocks do shareholders of Passage Bio own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Passage Bio investors own include Alector (ALEC), NVIDIA (NVDA), Advanced Micro Devices (AMD), DocuSign (DOCU), Intel (INTC), Alteryx (AYX), Gossamer Bio (GOSS), JD.com (JD), Micron Technology (MU) and Black Diamond Therapeutics (BDTX).

When did Passage Bio IPO?

Passage Bio (PASG) raised $126 million in an initial public offering on Friday, February 28th 2020. The company issued 7,400,000 shares at a price of $16.00-$18.00 per share. J.P. Morgan, Goldman Sachs and Cowen served as the underwriters for the IPO and Chardan was co-manager.

How do I buy shares of Passage Bio?

Shares of PASG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:PASG) was last updated on 4/25/2024 by MarketBeat.com Staff

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