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Is It Too Late To Reassess Praxis Precision Medicines (PRAX) After Its 1-Year Surge? [Yahoo! Finance]

Praxis Precision Medicines, Inc. (PRAX) 
Company Research Source: Yahoo! Finance
The share price return sits at 2.9% over the past week, 4.5% over the past month, with a small year to date decline of 1.9%, while the 1 year return of 326.5% and 3 year return of 375.2% contrast with a 5 year decline of 66.5%. Recent interest in Praxis has been shaped by ongoing attention on its pipeline in neurological disorders and updates around its clinical programs, which tend to influence how investors think about future cash flows and risk. At the same time, sector wide focus on smaller biotech names has helped put stocks like Praxis under a brighter spotlight, adding to the share price swings you may have noticed. On our valuation checks, Praxis Precision Medicines scores 2 out of 6 on the valuation score . In this article, we look at how different valuation methods interpret that result and then finish with a framework that can help you make more sense of the valuation story. Praxis Precision Medicines scores just 2/6 on our valuation checks. See what other red flags Show less Read more
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