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PMV Pharmaceuticals (PMVP) Stock Plummets by 47.58% on October 12, 2023

PMV Pharmaceuticals (NASDAQ: PMVP) plummeted 47.58% intraday on October 12, trading at $2.49 (after-hours at $2.40), near its 52-week low of $2.47, with a market cap of $120.65M

by Rajesh

Updated Oct 13, 2023

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PMV Pharmaceuticals (PMVP) Stock Plummets by 47.58% on October 12, 2023

PMV Pharmaceuticals (PMVP) Stock Analysis

PMV Pharmaceuticals (NASDAQ: PMVP) is a pharmaceutical company whose stock performance is notable for its recent price decline. On October 12th, PMVP shares are trading at $2.49, reflecting a significant intraday decrease of -47.58%. The stock's after-hours price is $2.40, showing a further 3.64% decrease. The previous closing price was $4.75 , indicating a substantial drop in value within a single trading day.

One important metric for evaluating a stock is its 52-week price range. PMVP's 52-week range indicates that the stock's value has fluctuated between a low of $2.47  and a high of $13.02  over the past year. The current trading price of $2.49  is closer to the lower end of this range, suggesting a significant depreciation in value compared to its recent peak.

PMV Pharmaceuticals Inc has a market capitalization of 120.65M USD , indicating the company's total market value based on its current stock price and the number of outstanding shares. The company's average trading volume is 437.80 thousand shares, which is the average number of shares that are bought and sold daily. 

Key Data Points

  • Stock Price: $2.49
  • Intraday Change: -2.26 (-47.58% decrease) today
  • After-Hours Price: $2.40  (3.64% decrease)
  • Previous Close: $4.75 
  • Day Range: $2.47 - $4.87
  • 52-Week Range: $2.47 (lowest) - $13.02 (highest)
  • Market Capitalization: 120.65M USD 
  • Average Trading Volume: 437.80 thousand shares
  • Primary Exchange: NASDAQ

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