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ProKidney Corp (PROK) stock has hit a 52-week low, dropping to $0.49, as the company faces a challenging market environment. According to InvestingPro data, the company's financial health score is rated as WEAK, with the stock down nearly 29% in just the past week. This new low reflects a significant downturn from previous periods, with the stock experiencing a 1-year change of -65.17%. While the RSI indicates oversold conditions, the company's rapid cash burn rate and negative EBITDA of -$173M raise concerns. Investors are closely monitoring ProKidney's performance, as the company navigates through the headwinds that have led to this decline. The 52-week low serves as a critical indicator for the company's valuation and is a key point of focus for stakeholders assessing the health and future prospects of ProKidney in the competitive biotechnology sector. With 15 additional key insights available on InvestingPro, investors can access comprehensive analysis to make more informed decisions about PROK's future potential.
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