PCSA stock icon

Processa Pharmaceuticals
PCSA

$1.37
3.52%

Market Cap: $4.46M

 

About: Processa Pharmaceuticals Inc is a clinical-stage biopharmaceutical company focused on utilizing its "regulatory science" approach in the development of Next Generation Chemotherapy ("NGC") oncology drug products. The company's strategic prioritization is to advance its pipeline of NGC proprietary small molecule oncology drugs. The NGC products are new chemical entities, but the company work by changing the metabolism, distribution, and/or elimination of already FDA-approved cancer drugs or their active metabolites while maintaining the mechanism of how the drug kills cancer cells. The three NGC treatments in its pipeline are - NGC-Capecitabine (also referred to as NGC-Cap), PCS3117, also referred to as NGC-Gemcitabine (NGC-Gem), PCS11T, also referred to as NGC-Irinotecan (NGC-Iri).

Employees: 13

0
Funds holding %
of 6,710 funds
0
Analysts bullish %
of 3 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

4.64% less ownership

Funds ownership: 6.22% [Q1] → 1.57% (-4.64%) [Q2]

18% less funds holding

Funds holding: 11 [Q1] → 9 (-2) [Q2]

60% less capital invested

Capital invested by funds: $251K [Q1] → $101K (-$151K) [Q2]

67% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 3

100% less repeat investments, than reductions

Existing positions increased: 0 | Existing positions reduced: 3

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$6
338%
upside
Avg. target
$6.67
387%
upside
High target
$8
484%
upside

3 analyst ratings

positive
100%
neutral
0%
negative
0%
HC Wainwright & Co.
Raghuram Selvaraju
44% 1-year accuracy
122 / 277 met price target
338%upside
$6
Buy
Reiterated
20 Aug 2024
HC Wainwright & Co.
Raghuram Selvaraju
44% 1-year accuracy
122 / 277 met price target
338%upside
$6
Buy
Maintained
19 Aug 2024
HC Wainwright & Co.
Raghuram Selvaraju
44% 1-year accuracy
122 / 277 met price target
484%upside
$8
Buy
Reiterated
1 Aug 2024

Financial journalist opinion