In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Platinum Group Metals Ltd (AMEX: PLG) closed at $1.99 down -4.33% from its previous closing price of $2.08. In other words, the price has decreased by -$4.33 from its previous closing price. On the day, 1.67 million shares were traded. PLG stock price reached its highest trading level at $2.072 during the session, while it also had its lowest trading level at $1.9709.
Ratios:
For a deeper understanding of Platinum Group Metals Ltd’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.82 and its Current Ratio is at 5.82. 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 223399520 and an Enterprise Value of 241433360.
Stock Price History:
The Beta on a monthly basis for PLG is 1.37, which has changed by 0.23809528 over the last 52 weeks, in comparison to a change of 0.15566266 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 -9.71%, while the 200-Day Moving Average is calculated to be 25.17%.
Shares Statistics:
For the past three months, PLG has traded an average of 2.33M shares per day and 2288030 over the past ten days. A total of 107.98M shares are outstanding, with a floating share count of 81.41M. Insiders hold about 27.41% of the company’s shares, while institutions hold 23.32% stake in the company. Shares short for PLG as of 1760486400 were 3493216 with a Short Ratio of 1.50, compared to 1757894400 on 2764947. Therefore, it implies a Short% of Shares Outstanding of 3493216 and a Short% of Float of 4.279999999999999.
Earnings Estimates
Analysts are recommending an EPS of between -$0.04 and -$0.11 for the fiscal current year, implying an average EPS of -$0.08. EPS for the following year is -$0.02, with 1.0 analysts recommending between -$0.02 and -$0.02.
