ProQR Therapeutics N.V. (PRQR) Reaches New 1-Year Low at $3.63
ProQR Therapeutics N.V. (NASDAQ:PRQR)’s share price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $3.63 and last traded at $3.63, with a volume of 66659 shares trading hands. The stock had previously closed at $3.70.
A number of equities analysts have recently issued reports on PRQR shares. Zacks Investment Research upgraded shares of ProQR Therapeutics N.V. from a “hold” rating to a “buy” rating and set a $5.25 price target for the company in a report on Tuesday, August 22nd. ValuEngine upgraded shares of ProQR Therapeutics N.V. from a “strong sell” rating to a “sell” rating in a report on Friday, September 1st. Chardan Capital reiterated a “neutral” rating on shares of ProQR Therapeutics N.V. in a report on Sunday, September 17th. JMP Securities increased their price target on shares of ProQR Therapeutics N.V. from $14.00 to $20.00 and gave the company an “outperform” rating in a report on Tuesday, September 26th. Finally, HC Wainwright reiterated a “buy” rating and issued a $40.00 price target on shares of ProQR Therapeutics N.V. in a report on Tuesday, September 26th. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company. ProQR Therapeutics N.V. currently has an average rating of “Hold” and an average price target of $19.38.
The company has a quick ratio of 8.22, a current ratio of 8.22 and a debt-to-equity ratio of 0.17.
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About ProQR Therapeutics N.V.
ProQR Therapeutics N.V. (ProQR), formerly ProQR Therapeutics B.V., is a pre-clinical stage biopharmaceutical company based in the Netherlands. The Company is engaged in the discovery and development of ribonucleic Acid (RNA)-based therapeutics for the treatment of severe genetic disorders. It designs its therapeutic candidates to specifically target and repair the defective messenger RNA, or Messenger Ribonucleic Acid (mRNA), that is transcribed from a mutated gene in order to restore the expression and function of normal, or wild-type protein.
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