Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
PLBY Group Inc (NASDAQ: PLBY) closed the day trading at $1.36 down -0.73% from the previous closing price of $1.37. In other words, the price has decreased by -$0.73 from its previous closing price. On the day, 0.91 million shares were traded. PLBY stock price reached its highest trading level at $1.51 during the session, while it also had its lowest trading level at $1.33.
Ratios:
For a better understanding of PLBY, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.44 and its Current Ratio is at 1.44.
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, Stifel on August 10, 2023, Reiterated its Hold rating but revised its target price to $1.50 from $2 previously.
On May 11, 2023, ROTH MKM Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $2.
On May 05, 2023, Jefferies started tracking the stock assigning a Buy rating and target price of $2.50.Jefferies initiated its Buy rating on May 05, 2023, with a $2.50 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 Aug 20 ’24 when Kohn Bernhard L III sold 79,330 shares for $0.55 per share. The transaction valued at 43,949 led to the insider holds 2,661,346 shares of the business.
Kohn Bernhard L III sold 69,871 shares of PLBY for $43,362 on Aug 19 ’24. The CEO & President now owns 2,740,676 shares after completing the transaction at $0.62 per share. On Aug 21 ’24, another insider, Kohn Bernhard L III, who serves as the CEO & President of the company, sold 71,323 shares for $0.56 each. As a result, the insider received 40,105 and left with 2,590,023 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, PLBY now has a Market Capitalization of 144899840 and an Enterprise Value of 322924928. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.16. Its current Enterprise Value per Revenue stands at 4.473 whereas that against EBITDA is -30.324.
Stock Price History:
Over the past 52 weeks, PLBY has reached a high of $1.99, while it has fallen to a 52-week low of $0.52. The 50-Day Moving Average of the stock is 1.37%, while the 200-Day Moving Average is calculated to be 43.59%.
Shares Statistics:
Over the past 3-months, PLBY traded about 3.05M shares per day on average, while over the past 10 days, PLBY traded about 382160 shares per day. A total of 74.64M shares are outstanding, with a floating share count of 48.31M. Insiders hold about 46.07% of the company’s shares, while institutions hold 5.84% stake in the company. Shares short for PLBY as of 1734048000 were 2280457 with a Short Ratio of 0.75, compared to 1731628800 on 2932140. Therefore, it implies a Short% of Shares Outstanding of 2280457 and a Short% of Float of 3.27.
