Protalix BioTherapeutics, Inc. (NYSE:PLX - Free Report) - Equities research analysts at HC Wainwright lifted their Q1 2025 EPS estimates for shares of Protalix BioTherapeutics in a research report issued to clients and investors on Monday, April 28th. HC Wainwright analyst R. Selvaraju now forecasts that the company will post earnings per share of $0.08 for the quarter, up from their prior estimate of $0.03. HC Wainwright has a "Buy" rating and a $15.00 price objective on the stock. The consensus estimate for Protalix BioTherapeutics' current full-year earnings is $0.01 per share. HC Wainwright also issued estimates for Protalix BioTherapeutics' Q2 2025 earnings at $0.11 EPS, Q3 2025 earnings at $0.12 EPS, Q4 2025 earnings at $0.13 EPS and FY2025 earnings at $0.45 EPS.
Separately, StockNews.com lowered Protalix BioTherapeutics from a "strong-buy" rating to a "buy" rating in a report on Thursday, March 20th.
Check Out Our Latest Analysis on PLX
Protalix BioTherapeutics Price Performance
NYSE:PLX traded down $0.09 during mid-day trading on Thursday, hitting $2.75. The company's stock had a trading volume of 467,379 shares, compared to its average volume of 476,295. The business's fifty day moving average is $2.52 and its two-hundred day moving average is $2.12. The stock has a market cap of $218.43 million, a price-to-earnings ratio of -21.12 and a beta of -0.05. Protalix BioTherapeutics has a 1 year low of $0.82 and a 1 year high of $3.10.
Institutional Trading of Protalix BioTherapeutics
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Virtu Financial LLC purchased a new stake in shares of Protalix BioTherapeutics during the 3rd quarter worth about $44,000. Sanctuary Advisors LLC purchased a new position in Protalix BioTherapeutics during the third quarter worth approximately $38,000. PFG Investments LLC acquired a new stake in Protalix BioTherapeutics in the fourth quarter valued at approximately $39,000. Y Intercept Hong Kong Ltd purchased a new stake in shares of Protalix BioTherapeutics in the fourth quarter valued at approximately $35,000. Finally, Prudential Financial Inc. acquired a new position in shares of Protalix BioTherapeutics during the 4th quarter worth approximately $68,000. Institutional investors and hedge funds own 16.53% of the company's stock.
Protalix BioTherapeutics Company Profile
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Protalix BioTherapeutics, Inc, a biopharmaceutical company, engages in the development, production, and commercialization of recombinant therapeutic proteins based on its proprietary ProCellEx plant cell-based protein expression system in the United States, Australia, Canada, Israel, Brazil, Russia, Turkey, and internationally.
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