Praxis Precision Medicines, Inc.

Praxis Precision Medicines, Inc.verified

PRAX

Price:

$77.25

Market Cap:

$1.44B

Praxis Precision Medicines, Inc., a clinical-stage biopharmaceutical company, develops therapies for central nervous system disorders characterized by neuronal imbalance. Its lead product candidates include PRAX-114, an extrasynaptic-preferring GABAA receptor positive allosteric modulator that is in Phase IIa clinical trial for the treatment of major depressive disorder and perimenopausal depression; and PRAX-944, a selective small molecule inhibitor of T-type calcium channels, which is in Phase IIa clinical trial for the treatment of essential tremor. The company is also developing PRAX-562, a persistent sodium current blocker that is in Phase I clinical trial to treat severe pediatric epil...[Read more]

Industry

Biotechnology

IPO Date

2020-10-16

Stock Exchange

NASDAQ

Ticker

PRAX

The ROE as of December 2024 (TTM) for Praxis Precision Medicines, Inc. (PRAX) is -54.86%

According to Praxis Precision Medicines, Inc.’s latest financial reports and current stock price. The company's current ROE is -54.86%. This represents a change of 184.39% compared to the average of -19.29% of the last 4 quarters.

Praxis Precision Medicines, Inc. (PRAX) Historical ROE (quarterly & annually)

How has PRAX ROE performed in the past?

The mean historical ROE of Praxis Precision Medicines, Inc. over the last ten years is -135.70%. The current -54.86% ROE has changed -59.57% with respect to the historical average. Over the past ten years (40 quarters), PRAX's ROE was at its highest in in the June 2019 quarter at 0%. The ROE was at its lowest in in the June 2020 quarter at -82.01%.

Quarterly (TTM)
Annual

Average

-135.70%

Median

-132.74%

Minimum

-279.97%

Maximum

-21.51%

Praxis Precision Medicines, Inc. (PRAX) ROE by Quarter and Year

Discovering the peaks and valleys of Praxis Precision Medicines, Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 320.78%

Maximum Annual ROE = -21.51%

Minimum Annual Increase = -75.71%

Minimum Annual ROE = -279.97%

Quarterly (TTM)
Annual
YearROEChange
2023-176.95%-36.80%
2022-279.97%320.78%
2021-66.54%209.38%
2020-21.51%-75.71%
2019-88.53%-51.02%

Praxis Precision Medicines, Inc. (PRAX) Average ROE

How has PRAX ROE performed in the past?

The current ROE of Praxis Precision Medicines, Inc. (PRAX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-174.48%

5-year avg

-126.70%

10-year avg

-135.70%

Praxis Precision Medicines, Inc. (PRAX) ROE vs. Peers

How is PRAX’s ROE compared to its peers?

Praxis Precision Medicines, Inc.’s ROE is greater than Molecular Partners AG (-39.16%), greater than Mineralys Therapeutics, Inc. (-55.92%), greater than AN2 Therapeutics, Inc. (-57.63%), greater than Pharvaris N.V. (-38.27%), greater than PepGen Inc. (-60.17%), greater than Theseus Pharmaceuticals, Inc. (-12.35%), greater than PMV Pharmaceuticals, Inc. (-24.20%), greater than Cullinan Oncology, Inc. (-26.54%), greater than Enliven Therapeutics, Inc. (-29.46%), greater than Immuneering Corporation (-79.19%), greater than Anebulo Pharmaceuticals, Inc. (-184.40%), less than Eliem Therapeutics, Inc. (0%), greater than HCW Biologics Inc. (-2516.87%), greater than Stoke Therapeutics, Inc. (-54.45%), greater than Edgewise Therapeutics, Inc. (-26.83%), greater than Crinetics Pharmaceuticals, Inc. (-36.12%), greater than Dyne Therapeutics, Inc. (-57.46%), greater than Revolution Medicines, Inc. (-33.67%),

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