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After finishing at $1.00 in the prior trading day, Pinstripes Holdings Inc (NYSE: PNST) closed at $0.77, down -23.00%. In other words, the price has decreased by -$23.00 from its previous closing price. On the day, 0.17 million shares were traded. PNST stock price reached its highest trading level at $0.9358 during the session, while it also had its lowest trading level at $0.7001.
Ratios:
Our goal is to gain a better understanding of PNST by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.08 and its Current Ratio is at 0.09.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BTIG Research on Nov-28-24, Reiterated its Buy rating but revised its target price to $3 from $4 previously.
On January 30, 2024, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $6.Oppenheimer initiated its Outperform rating on January 30, 2024, with a $6 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 26 ’24 when Querciagrossa Anthony bought 100,000 shares for $3.43 per share. The transaction valued at 343,000 led to the insider holds 100,000 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PNST now has a Market Capitalization of 40087816 and an Enterprise Value of 227426784. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.25. Its current Enterprise Value per Revenue stands at 1.84 whereas that against EBITDA is -11.784.
Stock Price History:
Over the past 52 weeks, PNST has reached a high of $16.00, while it has fallen to a 52-week low of $0.56. The 50-Day Moving Average of the stock is 0.33%, while the 200-Day Moving Average is calculated to be -65.79%.
Shares Statistics:
The stock has traded on average 52.35K shares per day over the past 3-months and 34140 shares per day over the last 10 days, according to various share statistics. A total of 40.09M shares are outstanding, with a floating share count of 21.08M. Insiders hold about 47.42% of the company’s shares, while institutions hold 11.66% stake in the company. Shares short for PNST as of 1731628800 were 94311 with a Short Ratio of 1.80, compared to 1728950400 on 118049. Therefore, it implies a Short% of Shares Outstanding of 94311 and a Short% of Float of 0.33999999999999997.
