ProQR Therapeutics N.V. (PRQR) is one of the best performing stocks in the health care sector for companies listed on the New York Stock Exchange or NASDAQ exchange shortly after the opening bell on September 23. Shares of PRQR have climbed 5.87% about 30 minutes into the session to $7.58 after closing the day prior at $7.16. It’s early, but the stock has traded as high as $7.58 and as low as $7.45 so far. Today’s quick advance has come with about 3,305 shares changing hands, compared to an average 30-day volume of 35,992 for ProQR Therapeutics N.V.. The price is currently below the 30-day volume weighted average price of $7.51 for PRQR.
The share appreciation gives the company a market capitalization of $167.16 million based upon 23.35 million shares outstanding. It also means that PRQR has a price-to-book ratio of 2.11:1 and a price-to-earnings ratio of :1.
In the past 52 weeks, shares of PRQR have traded as low as $3.48 and as high as $20.05. Technical traders will take note that at $7.58, shares of PRQR are trading above their 200-day MA at $5.4 and above their 50-day MA at $5.41. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move through or holding above them is typically regarded as bullish.
Who is PRQR?
ProQR Therapeutics NV is a biopharmaceutical company engaged in the discovery & development of RNA-based therapeutics for the treatment of severe genetic disorders. The company’s 100 employees are led by CEO Daniel de Boer from the corporate headquarters at Darwinweg 24.
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