In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of Pagaya Technologies Ltd (NASDAQ: PGY) closed at $10.31 in the last session, down -4.63% from day before closing price of $10.81. In other words, the price has decreased by -$4.63 from its previous closing price. On the day, 1.01 million shares were traded. PGY stock price reached its highest trading level at $10.93 during the session, while it also had its lowest trading level at $10.23.
Ratios:
We take a closer look at PGY’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.69. For the most recent quarter (mrq), Quick Ratio is recorded 1.17 and its Current Ratio is at 1.17. In the meantime, Its Debt-to-Equity ratio is 1.65 whereas as Long-Term Debt/Eq ratio is at 1.18.
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, Oppenheimer on October 01, 2024, initiated with a Outperform rating and assigned the stock a target price of $12.
On June 17, 2024, Keefe Bruyette started tracking the stock assigning a Outperform rating and target price of $23.Keefe Bruyette initiated its Outperform rating on June 17, 2024, with a $23 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 15 ’24 when Torraco Nicole sold 2,371 shares for $8.92 per share. The transaction valued at 21,161 led to the insider holds 9,487 shares of the business.
NICOLE TORRACO bought 2,371 shares of PGY for $22,453 on Nov 15 ’24. On Nov 11 ’24, another insider, Yulzari Yahav, who serves as the Chief Business Officer of the company, sold 150,000 shares for $15.50 each. As a result, the insider received 2,324,790 and left with 161,637 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, PGY now has a Market Capitalization of 759389248 and an Enterprise Value of 1442838528. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.81 while its Price-to-Book (P/B) ratio in mrq is 1.62. Its current Enterprise Value per Revenue stands at 1.486 whereas that against EBITDA is 19.958.
Stock Price History:
Over the past 52 weeks, PGY has reached a high of $20.50, while it has fallen to a 52-week low of $8.20. The 50-Day Moving Average of the stock is -5.83%, while the 200-Day Moving Average is calculated to be -15.63%.
Shares Statistics:
According to the various share statistics, PGY traded on average about 2.11M shares per day over the past 3-months and 1756170 shares per day over the past 10 days. A total of 60.16M shares are outstanding, with a floating share count of 37.84M. Shares short for PGY as of 1731628800 were 6879290 with a Short Ratio of 3.26, compared to 1728950400 on 5976496. Therefore, it implies a Short% of Shares Outstanding of 6879290 and a Short% of Float of 15.020000999999999.
