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The price of Pagaya Technologies Ltd (NASDAQ: PGY) closed at $9.08 in the last session, down -7.06% from day before closing price of $9.77. In other words, the price has decreased by -$7.06 from its previous closing price. On the day, 2.0 million shares were traded. PGY stock price reached its highest trading level at $9.66 during the session, while it also had its lowest trading level at $9.01.
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 3.80 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.10. 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.
On October 01, 2024, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $12.
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 Jan 02 ’25 when Rosen Tami sold 21,547 shares for $9.97 per share. The transaction valued at 214,824 led to the insider holds 73,550 shares of the business.
Perros Evangelos sold 21,305 shares of PGY for $212,411 on Jan 02 ’25. The Chief Financial Officer now owns 54,029 shares after completing the transaction at $9.97 per share. On Jan 02 ’25, another insider, DAS SANJIV, who serves as the President of the company, sold 6,343 shares for $9.97 each. As a result, the insider received 63,240 and left with 75,528 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 668792832 and an Enterprise Value of 1352242176. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.71 while its Price-to-Book (P/B) ratio in mrq is 1.43. Its current Enterprise Value per Revenue stands at 1.393 whereas that against EBITDA is 18.705.
Stock Price History:
Over the past 52 weeks, PGY has reached a high of $20.00, while it has fallen to a 52-week low of $8.20. The 50-Day Moving Average of the stock is -12.40%, while the 200-Day Moving Average is calculated to be -21.53%.
Shares Statistics:
According to the various share statistics, PGY traded on average about 1.92M shares per day over the past 3-months and 1460920 shares per day over the past 10 days. A total of 60.16M shares are outstanding, with a floating share count of 38.06M. Insiders hold about 48.33% of the company’s shares, while institutions hold 32.83% stake in the company. Shares short for PGY as of 1734048000 were 7578871 with a Short Ratio of 3.94, compared to 1731628800 on 6879290. Therefore, it implies a Short% of Shares Outstanding of 7578871 and a Short% of Float of 16.549999.
