Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $1.28 in the prior trading day, Platinum Group Metals Ltd (AMEX: PLG) closed at $1.35, up 5.47%. In other words, the price has increased by $5.47 from its previous closing price. On the day, 0.96 million shares were traded. PLG stock price reached its highest trading level at $1.3699 during the session, while it also had its lowest trading level at $1.235.
Ratios:
Our goal is to gain a better understanding of PLG by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.67 and its Current Ratio is at 4.67. 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 139999056 and an Enterprise Value of 184373840.
Stock Price History:
Over the past 52 weeks, PLG has reached a high of $2.27, while it has fallen to a 52-week low of $0.96. The 50-Day Moving Average of the stock is -16.17%, while the 200-Day Moving Average is calculated to be -11.36%.
Shares Statistics:
The stock has traded on average 668.97K shares per day over the past 3-months and 607850 shares per day over the last 10 days, according to various share statistics. A total of 102.48M shares are outstanding, with a floating share count of 75.41M. Insiders hold about 26.56% of the company’s shares, while institutions hold 26.01% stake in the company. Shares short for PLG as of 1731628800 were 1719724 with a Short Ratio of 2.57, compared to 1728950400 on 1373435. Therefore, it implies a Short% of Shares Outstanding of 1719724 and a Short% of Float of 2.3800000000000003.
