NASDAQ:PPBT Purple Biotech (PPBT) Stock Price, News & Analysis → Forget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THIS (From Paradigm Press) (Ad) Free PPBT Stock Alerts $0.67 +0.06 (+9.84%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$0.62▼$0.6750-Day Range$0.60▼$0.9252-Week Range$0.53▼$2.16Volume98,128 shsAverage Volume114,926 shsMarket Capitalization$16.91 millionP/E RatioN/ADividend YieldN/APrice Target$9.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Purple Biotech alerts: Email Address Purple Biotech MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside1,243.3% Upside$9.00 Price TargetShort InterestHealthy0.88% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.40Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details 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.2.47 out of 5 starsMedical Sector484th out of 938 stocksPharmaceutical Preparations Industry219th out of 417 stocks 3.5 Analyst's Opinion Consensus RatingPurple Biotech has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $9.00, Purple Biotech has a forecasted upside of 1,243.3% from its current price of $0.67.Amount of Analyst CoveragePurple Biotech has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.88% of the outstanding shares of Purple Biotech have been sold short.Short Interest Ratio / Days to CoverPurple Biotech has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Purple Biotech has recently decreased by 24.64%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldPurple Biotech does not currently pay a dividend.Dividend GrowthPurple Biotech does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PPBT. Previous Next 2.4 News and Social Media Coverage News SentimentPurple Biotech has a news sentiment score of 0.40. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.61 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Purple Biotech this week, compared to 0 articles on an average week.Search InterestOnly 2 people have searched for PPBT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows3 people have added Purple Biotech to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Purple Biotech insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.98% of the stock of Purple Biotech is held by insiders.Percentage Held by InstitutionsOnly 9.64% of the stock of Purple Biotech is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Purple Biotech are expected to remain at ($0.46) per share in the coming year.Price to Earnings Ratio vs. the MarketThe P/E ratio of Purple Biotech is -0.73, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Purple Biotech is -0.73, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioPurple Biotech has a P/B Ratio of 0.49. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISYou might have seen that Bitcoin was one of the best performing assets of 2023. It gained 164%. But a crypto millionaire who has been tracking the space for more than a decade has ABANDONED Bitcoin. He found something better.Click here to find out that this 8,788% cryptocurrency is. About Purple Biotech Stock (NASDAQ:PPBT)Purple Biotech Ltd., a clinical-stage company, focuses on developing therapies to overcome tumor immune evasion and drug resistance for cancer patients in the United States. Its oncology pipeline includes CM24, a humanized monoclonal antibody that blocks carcinoembryonic antigen related cell adhesion molecule 1 as a combination therapy with anti-PD-1 checkpoint inhibitors, which is in Phase 2 clinical trial for the treatment of pancreatic ductal adenocarcinoma; NT219, a small molecule that targets and inhibits insulin receptor substrate 1 and 2, and signal transducer and activator of transcription, which is in Phase 1/2 clinical trials for the treatment recurrent and/or metastatic squamous cell carcinoma of the head and neck cancer or colorectal adenocarcinoma; and IM1240, a multi-valent antibody designed to activate anti-tumoral immune response against 5T4-positive tumors, which is in preclinical stage. The company has collaboration agreement with Bristol Myers Squibb Company for the Phase 2 clinical trials to evaluate the combination of CM24 with the PD-1 inhibitor nivolumab in addition to chemotherapy; and Mor Research Applications. The company was formerly known as Kitov Pharma Ltd and changed its name to Purple Biotech Ltd. in December 2020. The company is headquartered in Rehovot, Israel.Read More PPBT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PPBT Stock News HeadlinesMarch 29, 2024 | americanbankingnews.comPurple Biotech Ltd. (NASDAQ:PPBT) Short Interest Down 24.6% in MarchMarch 28, 2024 | finance.yahoo.comPurple Biotech to Present New Data On its Oncology Drug NT219 at AACR 2024March 29, 2024 | Crypto 101 Media (Ad)Top Project Outperforms BTC in 2023…According to a recently published report… One DeFi protocol boasted gains over 100% during one of the biggest crashes the crypto market has ever seen. And now, this crypto coin is set to soar in the parabolic bull run projected in 2024.March 14, 2024 | finanznachrichten.dePurple Biotech Ltd.: Purple Biotech Reports Preclinical Proof of Concept for its Tribody Platform TechnologyMarch 14, 2024 | globenewswire.comPurple Biotech Reports Preclinical Proof of Concept for its Tribody Platform TechnologyMarch 5, 2024 | investorplace.comPPBT Stock Earnings: Purple Biotech Meets EPS for Q4 2023March 5, 2024 | finanznachrichten.dePurple Biotech Ltd.: Purple Biotech Reports Fourth Quarter and Full-Year 2023 Financial ResultsMarch 5, 2024 | globenewswire.comPurple Biotech Reports Fourth Quarter and Full-Year 2023 Financial ResultsMarch 29, 2024 | Crypto 101 Media (Ad)Top Project Outperforms BTC in 2023…According to a recently published report… One DeFi protocol boasted gains over 100% during one of the biggest crashes the crypto market has ever seen. And now, this crypto coin is set to soar in the parabolic bull run projected in 2024.March 3, 2024 | investing.comPurple Biotech ADR (PPBT) Earnings Dates & ReportsFebruary 27, 2024 | markets.businessinsider.comBuy Rating Justified by Promising Phase 1 Results of Purple Biotech’s NT219 in SCCHN TreatmentFebruary 27, 2024 | morningstar.comPurple Biotech Ltd ADRFebruary 27, 2024 | globenewswire.comPurple Biotech Presents Data of its Phase 1 Head & Neck Cancer of NT219 in combination with Cetuximab at ESMO TAT Congress 2024February 22, 2024 | wsj.comPurple Biotech Ltd. ADRFebruary 15, 2024 | morningstar.comPurple Biotech Ltd ADR PPBTFebruary 13, 2024 | finance.yahoo.comPurple Biotech Convenes a Head & Neck Cancer Scientific Advisory Board in Preparation for NT219 Phase 2 TrialFebruary 1, 2024 | markets.businessinsider.comAnalysts Offer Insights on Healthcare Companies: Purple Biotech (PPBT) and Sanofi (OtherSNYNF)February 1, 2024 | msn.comPurple Biotech stock climbs 9% on Phase 2 study updateFebruary 1, 2024 | finance.yahoo.comPurple Biotech Reaches Recommended Phase 2 Dose for NT219December 20, 2023 | finance.yahoo.comPurple Biotech Appoints Dr. Yael Margolin to its Board of DirectorsDecember 14, 2023 | finanznachrichten.dePurple Biotech Ltd.: Purple Biotech Completes Patient Enrollment in Phase 2 Pancreatic Cancer TrialDecember 14, 2023 | finance.yahoo.comPurple Biotech Completes Patient Enrollment in Phase 2 Pancreatic Cancer TrialNovember 22, 2023 | markets.businessinsider.comPromising Clinical Trial Results and Accelerated Enrollment Boost Purple Biotech’s Buy RatingNovember 21, 2023 | finance.yahoo.comPurple Biotech Reports Third Quarter 2023 Financial ResultsNovember 2, 2023 | finance.yahoo.comPurple Biotech Fortifies NT219 Patent ProtectionOctober 19, 2023 | finance.yahoo.comPurple Biotech Announces Closing of $5 Million Registered Direct OfferingOctober 17, 2023 | marketwatch.comPurple Biotech Shares Drop 16% After Direct Offering PricesSee More Headlines Receive PPBT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Purple Biotech and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/05/2024Today3/28/2024Next Earnings (Estimated)5/21/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Pharmaceutical preparations Sub-IndustryN/A Current SymbolNASDAQ:PPBT CUSIPN/A CIK1614744 Webwww.kitovpharma.com Phone(723) 933-3121Fax972-153-39333121Employees20Year FoundedN/APrice Target and Rating Average Stock Price Target$9.00 High Stock Price Target$10.00 Low Stock Price Target$8.00 Potential Upside/Downside+1,243.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($0.92) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-19,880,000.00 Net MarginsN/A Pretax MarginN/A Return on Equity-57.40% Return on Assets-49.02% Debt Debt-to-Equity RatioN/A Current Ratio2.20 Quick Ratio2.20 Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book Value$1.36 per share Price / Book0.49Miscellaneous Outstanding Shares25,238,000Free Float24,486,000Market Cap$16.91 million OptionableOptionable Beta0.97 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report Key ExecutivesMr. Gil Efron CPA (Age 58)M.A., Chief Executive Officer Comp: $455.44kDr. Michael Schickler Ph.D. (Age 66)Head of Clinical & Regulatory Affairs Comp: $264.98kMr. Lior Fhima CPA (Age 47)M.B.A., Chief Financial Officer Mr. Ido Morpurgo B.Sc. (Age 50)L.L.M., Vice President of Operations Key CompetitorsTFF PharmaceuticalsNASDAQ:TFFPNuCanaNASDAQ:NCNACocrystal PharmaNASDAQ:COCPFlora GrowthNASDAQ:FLGCMIRA PharmaceuticalsNASDAQ:MIRAView All CompetitorsInstitutional OwnershipArmistice Capital LLCBought 1,882,173 shares on 2/13/2024Ownership: 8.544%WuXi AppTec Co. Ltd.Bought 194,139 shares on 2/6/2024Ownership: 0.881%Kingswood Wealth Advisors LLCBought 44,450 shares on 1/16/2024Ownership: 0.795%View All Institutional Transactions PPBT Stock Analysis - Frequently Asked Questions Should I buy or sell Purple Biotech stock right now? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Purple Biotech in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" PPBT shares. View PPBT analyst ratings or view top-rated stocks. What is Purple Biotech's stock price target for 2024? 3 brokers have issued 1 year price objectives for Purple Biotech's stock. Their PPBT share price targets range from $8.00 to $10.00. On average, they anticipate the company's share price to reach $9.00 in the next twelve months. This suggests a possible upside of 1,243.3% from the stock's current price. View analysts price targets for PPBT or view top-rated stocks among Wall Street analysts. How have PPBT shares performed in 2024? Purple Biotech's stock was trading at $0.78 at the start of the year. Since then, PPBT shares have decreased by 14.1% and is now trading at $0.67. View the best growth stocks for 2024 here. Are investors shorting Purple Biotech? Purple Biotech saw a decrease in short interest during the month of March. As of March 15th, there was short interest totaling 223,000 shares, a decrease of 24.6% from the February 29th total of 295,900 shares. Based on an average daily trading volume, of 99,500 shares, the short-interest ratio is currently 2.2 days. View Purple Biotech's Short Interest. When is Purple Biotech's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 21st 2024. View our PPBT earnings forecast. How were Purple Biotech's earnings last quarter? Purple Biotech Ltd. (NASDAQ:PPBT) issued its quarterly earnings results on Tuesday, March, 5th. The company reported ($0.32) EPS for the quarter, missing the consensus estimate of ($0.17) by $0.15. Who are Purple Biotech's major shareholders? Purple Biotech's stock is owned by many different retail and institutional investors. Top institutional shareholders include Armistice Capital LLC (8.54%), WuXi AppTec Co. Ltd. (0.88%), Kingswood Wealth Advisors LLC (0.79%) and Concourse Financial Group Securities Inc. (0.00%). How do I buy shares of Purple Biotech? Shares of PPBT 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:PPBT) was last updated on 3/29/2024 by MarketBeat.com Staff From Our PartnersDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders Alliance“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyMost important medical advance in 100 yearsThe Oxford ClubBuy this small stock before coming AI Tidal WaveChaikin Analytics Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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