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The closing price of Par Pacific Holdings Inc (NYSE: PARR) was $17.40 for the day, up 0.40% from the previous closing price of $17.33. In other words, the price has increased by $0.40 from its previous closing price. On the day, 0.68 million shares were traded. PARR stock price reached its highest trading level at $17.9 during the session, while it also had its lowest trading level at $17.28.
Ratios:
Our analysis of PARR’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.27. For the most recent quarter (mrq), Quick Ratio is recorded 0.66 and its Current Ratio is at 1.69. In the meantime, Its Debt-to-Equity ratio is 1.33 whereas as Long-Term Debt/Eq ratio is at 1.13.
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, JP Morgan on October 02, 2024, Upgraded its rating to Overweight and sets its target price to $30 from $36 previously.
On September 20, 2024, Piper Sandler Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $37 to $23.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 13 ’24 when Guerra Ivan Daniel sold 6,000 shares for $37.49 per share. The transaction valued at 224,940 led to the insider holds 16,200 shares of the business.
Hollis Jeffrey Ryan sold 4,700 shares of PARR for $175,733 on Mar 13 ’24. The insider now owns 13,176 shares after completing the transaction at $37.39 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PARR now has a Market Capitalization of 973566528 and an Enterprise Value of 2295118080. As of this moment, Par’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.37, and their Forward P/E ratio for the next fiscal year is 11.18. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.12 while its Price-to-Book (P/B) ratio in mrq is 0.78. Its current Enterprise Value per Revenue stands at 0.276 whereas that against EBITDA is 6.056.
Stock Price History:
Over the past 52 weeks, PARR has reached a high of $40.69, while it has fallen to a 52-week low of $14.84. The 50-Day Moving Average of the stock is 0.11%, while the 200-Day Moving Average is calculated to be -32.80%.
Shares Statistics:
PARR traded an average of 1.09M shares per day over the past three months and 917910 shares per day over the past ten days. A total of 59.76M shares are outstanding, with a floating share count of 53.35M. Insiders hold about 4.64% of the company’s shares, while institutions hold 94.88% stake in the company. Shares short for PARR as of 1731628800 were 3513309 with a Short Ratio of 3.21, compared to 1728950400 on 3256974. Therefore, it implies a Short% of Shares Outstanding of 3513309 and a Short% of Float of 7.64.
