Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
In the latest session, Perimeter Solutions Inc (NYSE: PRM) closed at $12.40 down -2.29% from its previous closing price of $12.69. In other words, the price has decreased by -$2.29 from its previous closing price. On the day, 0.86 million shares were traded. PRM stock price reached its highest trading level at $12.86 during the session, while it also had its lowest trading level at $12.345.
Ratios:
For a deeper understanding of Perimeter Solutions Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.09. For the most recent quarter (mrq), Quick Ratio is recorded 2.95 and its Current Ratio is at 3.91. In the meantime, Its Debt-to-Equity ratio is 0.80 whereas as Long-Term Debt/Eq ratio is at 0.80.
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 the company, UBS on October 11, 2023, Downgraded its rating to Neutral and sets its target price to $4.25 from $7 previously.
On June 09, 2022, Morgan Stanley started tracking the stock assigning a Overweight rating and target price of $14.
On April 14, 2022, UBS started tracking the stock assigning a Buy rating and target price of $15.UBS initiated its Buy rating on April 14, 2022, with a $15 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 22 ’24 when Cool Tracy Britt sold 50,000 shares for $12.81 per share. The transaction valued at 640,500 led to the insider holds 173,449 shares of the business.
Tracy Britt Cool bought 50,000 shares of PRM for $640,450 on Nov 22 ’24. On Nov 14 ’24, another insider, Khouri Haitham, who serves as the Chief Executive Officer of the company, sold 100,000 shares for $12.17 each. As a result, the insider received 1,217,000 and left with 329,989 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PRM now has a Market Capitalization of 1813227136 and an Enterprise Value of 2392046848. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.32 while its Price-to-Book (P/B) ratio in mrq is 1.80. Its current Enterprise Value per Revenue stands at 4.478 whereas that against EBITDA is -283.922.
Stock Price History:
Over the past 52 weeks, PRM has reached a high of $14.44, while it has fallen to a 52-week low of $3.88. The 50-Day Moving Average of the stock is -4.91%, while the 200-Day Moving Average is calculated to be 21.40%.
Shares Statistics:
For the past three months, PRM has traded an average of 898.82K shares per day and 1117020 over the past ten days. A total of 145.24M shares are outstanding, with a floating share count of 138.03M. Insiders hold about 5.60% of the company’s shares, while institutions hold 83.44% stake in the company. Shares short for PRM as of 1734048000 were 1535804 with a Short Ratio of 1.71, compared to 1731628800 on 1669714. Therefore, it implies a Short% of Shares Outstanding of 1535804 and a Short% of Float of 1.37.
