Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The closing price of Platinum Group Metals Ltd (AMEX: PLG) was $2.33 for the day, down -1.27% from the previous closing price of $2.36. In other words, the price has decreased by -$1.27 from its previous closing price. On the day, 3.67 million shares were traded. PLG stock price reached its highest trading level at $2.4752 during the session, while it also had its lowest trading level at $2.27.
Ratios:
Our analysis of PLG’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 15.38 and its Current Ratio is at 15.38. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
On June 07, 2013, BMO Capital Markets started tracking the stock assigning a Outperform rating and target price of $1.50.
RBC Capital Mkts Upgraded its Sector Perform to Outperform on January 23, 2013, whereas the target price for the stock was revised from $1.50 to $1.75.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PLG now has a Market Capitalization of 272011392 and an Enterprise Value of 284430400.
Stock Price History:
The Beta on a monthly basis for PLG is 1.19, which has changed by 0.8062016 over the last 52 weeks, in comparison to a change of 0.14778805 over the same period for the S&P500. Over the past 52 weeks, PLG has reached a high of $3.36, while it has fallen to a 52-week low of $0.99. The 50-Day Moving Average of the stock is 0.61%, while the 200-Day Moving Average is calculated to be 29.29%.
Shares Statistics:
PLG traded an average of 3.30M shares per day over the past three months and 4110510 shares per day over the past ten days. A total of 112.57M shares are outstanding, with a floating share count of 88.58M. Insiders hold about 24.12% of the company’s shares, while institutions hold 24.66% stake in the company. Shares short for PLG as of 1765756800 were 4041556 with a Short Ratio of 1.23, compared to 1763078400 on 4017348. Therefore, it implies a Short% of Shares Outstanding of 4041556 and a Short% of Float of 4.6899999999999995.
Earnings Estimates
Analysts are recommending an EPS of between -$0.03 and -$0.03 for the fiscal current year, implying an average EPS of -$0.03. EPS for the following year is -$0.02, with 1.0 analysts recommending between -$0.02 and -$0.02.
