Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
In the latest session, Platinum Group Metals Ltd (AMEX: PLG) closed at $1.62 down -6.90% from its previous closing price of $1.74. In other words, the price has decreased by -$6.90 from its previous closing price. On the day, 0.62 million shares were traded. PLG stock price reached its highest trading level at $1.71 during the session, while it also had its lowest trading level at $1.57.
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 21.11 and its Current Ratio is at 21.11. 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 166354560 and an Enterprise Value of 196671456.
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 $0.94. The 50-Day Moving Average of the stock is -1.57%, while the 200-Day Moving Average is calculated to be 9.63%.
Shares Statistics:
For the past three months, PLG has traded an average of 586.35K shares per day and 581340 over the past ten days. A total of 100.26M shares are outstanding, with a floating share count of 75.24M. Insiders hold about 26.58% of the company’s shares, while institutions hold 26.06% stake in the company. Shares short for PLG as of 1730332800 were 1583157 with a Short Ratio of 2.34, compared to 1727654400 on 1333754. Therefore, it implies a Short% of Shares Outstanding of 1583157 and a Short% of Float of 2.19.
