PASG Stock Summary and Trading Ideas (Passage Bio | NASDAQ:PASG)

Passage Bio Inc is a genetic medicines company. The company is focused on developing transformative therapies for rare, monogenic CNS disorders. It has pipeline products such as GM1 Gangliosidosis, Frontotemporal dementia, and Krabbe Disease.

Passage Bio trades on the NASDAQ stock market under the symbol PASG.

As of March 5, 2025, PASG stock price climbed to $0.47 with 92,256 million shares trading.

PASG has a beta of 1.68, meaning it tends to be more sensitive to market movements. PASG has a correlation of 0.03 to the broad based SPY ETF.

PASG has a market cap of $29.04 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, PASG traded as high as $3.56 and as low as $.38.

The top ETF exchange traded funds that PASG belongs to (by Net Assets): VTI, VXF, IWC.

PASG has underperformed the market in the last year with a price return of -72.5% while the SPY ETF gained +15.2%. PASG has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -37.2% and -14.1%, respectively, while the SPY returned -3.7% and -4.6%, respectively.

PASG support price is $.40 and resistance is $.45 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PASG shares will trade within this expected range on the day.