PolyPid Ltd. (NASDAQ:PYPD – Get Free Report) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 57,800 shares, a growth of 61.5% from the September 30th total of 35,800 shares. Currently, 1.0% of the company’s stock are short sold. Based on an average daily trading volume, of 62,200 shares, the days-to-cover ratio is presently 0.9 days. Based on an average daily trading volume, of 62,200 shares, the days-to-cover ratio is presently 0.9 days. Currently, 1.0% of the company’s stock are short sold.
Analyst Upgrades and Downgrades
Several equities analysts recently commented on PYPD shares. HC Wainwright reissued a “buy” rating and issued a $13.00 target price on shares of PolyPid in a report on Wednesday, August 13th. Weiss Ratings reissued a “sell (e+)” rating on shares of PolyPid in a report on Wednesday, October 8th. Wall Street Zen raised PolyPid from a “sell” rating to a “hold” rating in a report on Friday, September 26th. Craig Hallum reissued a “buy” rating and issued a $13.00 target price (down previously from $15.00) on shares of PolyPid in a report on Thursday, August 14th. Finally, Roth Capital reissued a “buy” rating on shares of PolyPid in a report on Thursday, August 14th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, PolyPid presently has a consensus rating of “Moderate Buy” and a consensus target price of $12.40.
View Our Latest Stock Analysis on PYPD
Institutional Investors Weigh In On PolyPid
PolyPid Stock Performance
Shares of PYPD opened at $3.79 on Tuesday. PolyPid has a fifty-two week low of $2.30 and a fifty-two week high of $3.93. The company has a market capitalization of $60.26 million, a price-to-earnings ratio of -0.99 and a beta of 1.53. The firm has a 50-day simple moving average of $3.43 and a 200-day simple moving average of $3.30.
PolyPid (NASDAQ:PYPD – Get Free Report) last announced its earnings results on Wednesday, August 13th. The company reported ($0.78) earnings per share for the quarter, missing the consensus estimate of ($0.53) by ($0.25). Equities research analysts forecast that PolyPid will post -1.79 EPS for the current year.
PolyPid Company Profile
PolyPid Ltd., a clinical-stage biopharmaceutical company, developing targeted, locally administered, and prolonged-release therapeutics using its proprietary polymer-lipid encapsulation matrix (PLEX) technology to address unmet medical needs. Its lead product candidate is D-PLEX100, which is in a pivotal Phase 3 confirmatory trial for prevention of surgical site infections (SSIs) in patients undergoing abdominal colorectal surgery with large incisions.
Recommended Stories
- Five stocks we like better than PolyPid
- What is diluted earnings per share (Diluted EPS)?
- Semiconductor Supercycle: Why Onsemi Stock Could Double as AI and EV Growth Accelerate
- Dividend Payout Ratio Calculator
- The Best Local Butchers for Thanksgiving [2025 Survey]
- What Does Downgrade Mean in Investing?
- $134M in Insider Moves: What It Might Mean for KMI, ISRG and QS
Receive News & Ratings for PolyPid Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PolyPid and related companies with MarketBeat.com's FREE daily email newsletter.
