Praxis Precision Medicines (PRAX) Moves 8.4% Higher: Will This Strength Last? [Yahoo! Finance]
Praxis Precision Medicines, Inc. (PRAX)
Company Research
Source: Yahoo! Finance
The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 0.7% gain over the past four weeks. The recent surge in the stock price is driven by positive investor expectations regarding the company's pipeline. Praxis is currently assessing its lead candidate, ulixacaltamide, in two separate phase III studies under its Essential3 program for the treatment of essential tremor. Top-line results from both studies are expected soon, and if the data is favorable, Praxis plans to submit a new drug application seeking approval for ulixacaltamide in 2025. Other pipeline programs include PRAX-628 for focal onset seizures and relutrigine (PRAX-562) for SCN2A and SCN8A developmental and epileptic encephalopathy. This company is expected to post quarterly loss of $2.01 per share in its upcoming report, which represents a year-over-year change of +25.6%. Revenues are expected to be $0.53 million, up 12.1% from the
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PRAX
News
- Praxis Precision Medicines Announces Rare Pediatric Disease Designation Granted for Relutrigine in Dravet Syndrome [Yahoo! Finance]Yahoo! Finance
- Praxis Precision Medicines Announces Rare Pediatric Disease Designation Granted for Relutrigine in Dravet SyndromeGlobeNewswire
- Praxis Precision Medicines, Inc. (NASDAQ: PRAX) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $120.00 price target on the stock.MarketBeat
- GeneDx to Expand Access to Exome Testing for Pediatric Epilepsy Patients with New Partners [Yahoo! Finance]Yahoo! Finance
- Praxis Precision Medicines to Present at Upcoming December Investor ConferencesGlobeNewswire
PRAX
Earnings
- 11/6/24 - Miss
PRAX
Sec Filings
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- 11/15/24 - Form 4
- PRAX's page on the SEC website