Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The price of Pagaya Technologies Ltd (NASDAQ: PGY) closed at $9.21 in the last session, down -0.97% from day before closing price of $9.30. In other words, the price has decreased by -$0.97 from its previous closing price. On the day, 0.78 million shares were traded. PGY stock price reached its highest trading level at $9.41 during the session, while it also had its lowest trading level at $8.96.
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 3.86 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.38. 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 17 ’25 when DAS SANJIV sold 7,282 shares for $8.85 per share. The transaction valued at 64,446 led to the insider holds 91,163 shares of the business.
Rosen Tami sold 21,547 shares of PGY for $214,824 on Jan 02 ’25. The Chief Development Officer now owns 73,550 shares after completing the transaction at $9.97 per share. On Jan 02 ’25, another insider, Perros Evangelos, who serves as the Chief Financial Officer of the company, sold 21,305 shares for $9.97 each. As a result, the insider received 212,411 and left with 54,029 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 678368064 and an Enterprise Value of 1361817344. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.72 while its Price-to-Book (P/B) ratio in mrq is 1.45. Its current Enterprise Value per Revenue stands at 1.403 whereas that against EBITDA is 18.837.
Stock Price History:
The Beta on a monthly basis for PGY is 6.13, which has changed by -0.33760685 over the last 52 weeks, in comparison to a change of 0.25219524 over the same period for the S&P500. 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 -3.41%, while the 200-Day Moving Average is calculated to be -19.83%.
Shares Statistics:
According to the various share statistics, PGY traded on average about 1.99M shares per day over the past 3-months and 1324440 shares per day over the past 10 days. A total of 60.16M shares are outstanding, with a floating share count of 37.95M. Insiders hold about 48.48% of the company’s shares, while institutions hold 32.66% stake in the company. Shares short for PGY as of 1736899200 were 9006891 with a Short Ratio of 4.54, compared to 1734048000 on 7578871. Therefore, it implies a Short% of Shares Outstanding of 9006891 and a Short% of Float of 19.67.
