InvestorsObserver is giving PainReform Ltd (PRFX) an Analyst Rating Rank of 77, meaning PRFX is ranked higher by analysts than 77% of stocks. The average price target for PRFX is $10 and analyst’s rate the stock as a Hold
Why are Analyst Ratings Important?
Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers.
InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.
What's Happening With PainReform Ltd Stock Today?
PainReform Ltd (PRFX) stock is trading at $3.30 as of 12:49 PM on Tuesday, Apr 20, a drop of -$0.23, or -6.52% from the previous closing price of $3.53. The stock has traded between $3.15 and $3.45 so far today. Volume today is less active than usual. So far 44,165 shares have traded compared to average volume of 93,668 shares.
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