company background image
PRAX logo

Praxis Precision Medicines NasdaqGS:PRAX Stock Report

Last Price

US$71.76

Market Cap

US$1.4b

7D

-7.9%

1Y

364.5%

Updated

15 Nov, 2024

Data

Company Financials +

Praxis Precision Medicines, Inc.

NasdaqGS:PRAX Stock Report

Market Cap: US$1.4b

PRAX Stock Overview

A clinical-stage biopharmaceutical company, engages in the development of therapies for central nervous system disorders characterized by neuronal excitation-inhibition imbalance. More details

PRAX fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Praxis Precision Medicines, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Praxis Precision Medicines
Historical stock prices
Current Share PriceUS$71.76
52 Week HighUS$86.93
52 Week LowUS$14.25
Beta2.69
11 Month Change-3.11%
3 Month Change35.78%
1 Year Change364.47%
33 Year Change-74.38%
5 Year Changen/a
Change since IPO-82.79%

Recent News & Updates

Praxis Precision Medicines: Great Price Movement, But Still Not Convinced

Oct 13

We're Hopeful That Praxis Precision Medicines (NASDAQ:PRAX) Will Use Its Cash Wisely

Aug 30
We're Hopeful That Praxis Precision Medicines (NASDAQ:PRAX) Will Use Its Cash Wisely

Recent updates

Praxis Precision Medicines: Great Price Movement, But Still Not Convinced

Oct 13

We're Hopeful That Praxis Precision Medicines (NASDAQ:PRAX) Will Use Its Cash Wisely

Aug 30
We're Hopeful That Praxis Precision Medicines (NASDAQ:PRAX) Will Use Its Cash Wisely

Companies Like Praxis Precision Medicines (NASDAQ:PRAX) Are In A Position To Invest In Growth

May 14
Companies Like Praxis Precision Medicines (NASDAQ:PRAX) Are In A Position To Invest In Growth

Praxis: 2nd Half 2024 ET Readout Could Lead To U.S. Regulatory Filing

Mar 26

Is There An Opportunity With Praxis Precision Medicines, Inc.'s (NASDAQ:PRAX) 26% Undervaluation?

Feb 27
Is There An Opportunity With Praxis Precision Medicines, Inc.'s (NASDAQ:PRAX) 26% Undervaluation?

Here's Why Praxis Precision Medicines (NASDAQ:PRAX) Must Use Its Cash Wisely

Nov 29
Here's Why Praxis Precision Medicines (NASDAQ:PRAX) Must Use Its Cash Wisely

Can Praxis Precision Medicines (NASDAQ:PRAX) Afford To Invest In Growth?

Aug 14
Can Praxis Precision Medicines (NASDAQ:PRAX) Afford To Invest In Growth?

Can Praxis Precision Medicines (NASDAQ:PRAX) Afford To Invest In Growth?

Feb 10
Can Praxis Precision Medicines (NASDAQ:PRAX) Afford To Invest In Growth?

Here's Why Praxis Precision Medicines (NASDAQ:PRAX) Must Use Its Cash Wisely

Oct 21
Here's Why Praxis Precision Medicines (NASDAQ:PRAX) Must Use Its Cash Wisely

Praxis Precision Medicines GAAP EPS of -$1.32 misses by $0.02

Aug 08

Praxis: MDD Trial Failure May Not Mean An End To Entire Pipeline

Jun 10

We're Keeping An Eye On Praxis Precision Medicines' (NASDAQ:PRAX) Cash Burn Rate

May 15
We're Keeping An Eye On Praxis Precision Medicines' (NASDAQ:PRAX) Cash Burn Rate

Companies Like Praxis Precision Medicines (NASDAQ:PRAX) Are In A Position To Invest In Growth

Jan 27
Companies Like Praxis Precision Medicines (NASDAQ:PRAX) Are In A Position To Invest In Growth

Praxis Precision Medicines: Genetic Medicines For Neurological Disease

Nov 23

We're Not Very Worried About Praxis Precision Medicines' (NASDAQ:PRAX) Cash Burn Rate

Oct 14
We're Not Very Worried About Praxis Precision Medicines' (NASDAQ:PRAX) Cash Burn Rate

Praxis' PRAX-562 wins Orphan Drug designation for rare encephalopathy

Apr 30

Companies Like Praxis Precision Medicines (NASDAQ:PRAX) Are In A Position To Invest In Growth

Mar 12
Companies Like Praxis Precision Medicines (NASDAQ:PRAX) Are In A Position To Invest In Growth

Read This Before Selling Praxis Precision Medicines, Inc. (NASDAQ:PRAX) Shares

Jan 18
Read This Before Selling Praxis Precision Medicines, Inc. (NASDAQ:PRAX) Shares

Praxis Precision's pediatric epilepsy therapies nab Rare Pediatric and Orphan Drug tags in U.S.

Jan 07

Praxis Precision Medicine plummets 27% on clinical hold on lead drug

Nov 10

Shareholder Returns

PRAXUS BiotechsUS Market
7D-7.9%-10.9%-2.2%
1Y364.5%13.9%30.1%

Return vs Industry: PRAX exceeded the US Biotechs industry which returned 20.8% over the past year.

Return vs Market: PRAX exceeded the US Market which returned 32.3% over the past year.

Price Volatility

Is PRAX's price volatile compared to industry and market?
PRAX volatility
PRAX Average Weekly Movement9.0%
Biotechs Industry Average Movement9.7%
Market Average Movement6.2%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market3.1%

Stable Share Price: PRAX has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: PRAX's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201582Marcio De'Souzapraxismedicines.com

Praxis Precision Medicines, Inc., a clinical-stage biopharmaceutical company, engages in the development of therapies for central nervous system disorders characterized by neuronal excitation-inhibition imbalance. It is developing ulixacaltamide, a small molecule inhibitor of T-type calcium channels that is in Phase III clinical trial for the treatment of essential tremor; PRAX-562 for the treatment of pediatric patients with developmental and epileptic encephalopathies (DEE); and PRAX-628 to treat focal epilepsy. The company also develops PRAX-222 for the treatment of pediatric patients with early-onset SCN2A-DEE; PRAX-020 to treat KCNT1 related epilepsies; PRAX-080 for the treatment of PCDH19; and PRAX-090 and PRAX-100 for SYNGAP1 and SCN2A-LoF.

Praxis Precision Medicines, Inc. Fundamentals Summary

How do Praxis Precision Medicines's earnings and revenue compare to its market cap?
PRAX fundamental statistics
Market capUS$1.43b
Earnings (TTM)-US$151.02m
Revenue (TTM)US$1.61m

833.3x

P/S Ratio

-8.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PRAX income statement (TTM)
RevenueUS$1.61m
Cost of RevenueUS$114.51m
Gross Profit-US$112.91m
Other ExpensesUS$38.11m
Earnings-US$151.02m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-8.10
Gross Margin-7,034.77%
Net Profit Margin-9,409.22%
Debt/Equity Ratio0%

How did PRAX perform over the long term?

See historical performance and comparison