SHAREHOLDER ACTION ALERT The Schall Law Firm Announces it is Investigating Claims Against Pardes Biosciences, Inc. and Encourages Investors with Losses In Excess of 100,000 to Contact the Firm

PRDSDelisted Stock  USD 2.14  0.01  0.47%   
Slightly above 53% of Pardes Biosciences' investor base is interested to short. The analysis of current outlook of investing in Pardes Biosciences suggests that many traders are impartial regarding Pardes Biosciences' prospects. Pardes Biosciences' investing sentiment can be driven by a variety of factors including economic data, Pardes Biosciences' earnings reports, geopolitical events, and overall market trends.
  
LOS ANGELES, CA ACCESSWIRE July 19, 2023 The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Pardes Bioscience

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Pardes Biosciences Fundamental Analysis

We analyze Pardes Biosciences' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pardes Biosciences using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pardes Biosciences based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Short Ratio

Short Ratio Comparative Analysis

Pardes Biosciences is currently under evaluation in short ratio category among its peers. Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.

Pardes Biosciences Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Pardes Biosciences stock to make a market-neutral strategy. Peer analysis of Pardes Biosciences could also be used in its relative valuation, which is a method of valuing Pardes Biosciences by comparing valuation metrics with similar companies.

Peers

Pardes Biosciences Related Equities

IPSCCentury Therapeutics   5.52   
0%
58.0%
CSBRChampions Oncology   4.87   
0%
51.0%
CTMXCytomX Therapeutics   3.92   
0%
41.0%
CNTBConnect Biopharma   2.91   
0%
30.0%
OVIDOvid Therapeutics   2.70   
0%
28.0%
ASMBAssembly Biosciences   1.25   
0%
13.0%
ACHLAchilles Therapeutics   0.93   
0%
9.0%
STTKShattuck Labs   0.92   
0%
9.0%
NUVBNuvation Bio   0.35   
0%
3.0%
ELYMEliem Therapeutics   1.30   
13.0%
0%
NXTCNextCure   2.50   
26.0%
0%
TILInstil Bio   9.39   
100.0%
0%
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

Other Consideration for investing in Pardes Stock

If you are still planning to invest in Pardes Biosciences check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Pardes Biosciences' history and understand the potential risks before investing.
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