Stocks of Paragon 28 Inc (NYSE:FNA) traded higher last session on Wall Street, up 0.31% to $13.03.
FNA stock price is now 23.13% away from the 50-day moving average and 59.06% away from the 200-day moving average. The market capitalization of the company currently stands at $1.09B.
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, while ‘William Blair’ rates the stock as ‘Outperform’
In other news, MVM Partners, LLC, 10% Owner sold 84,323 shares of the company’s stock on Jan 28 ’25. The stock was sold for $1,006,648 at an average price of $11.94. Upon completion of the transaction, the 10% Owner now directly owns 10,229,518 shares in the company, valued at $133.29 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 27 ’25, 10% Owner MVM Partners, LLC sold 27,142 shares of the business’s stock. A total of $315,425 was realized by selling the stock at an average price of $11.62. This leaves the insider owning 10,313,841 shares of the company worth $134.39 million. A total of 53.04% of the company’s stock is owned by insiders.
During the past 12 months, Paragon 28 Inc has had a low of $4.65 and a high of $14.79. As of last week, the company has a debt-to-equity ratio of 0.79, a current ratio of 3.50, and a quick ratio of 1.60. The fifty day moving average price for FNA is $10.5154 and a two-hundred day moving average price translates $8.17805 for the stock.
The latest earnings results from Paragon 28 Inc (NYSE: FNA) was released for 2024-09-30. The net profit margin was -29.70% and return on equity was -43.68% for FNA. The company reported revenue of $62.34 million for the quarter, compared to $52.78 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 18.1 percent.
