Gaining Ground: PLBY Group Inc (PLBY) Closes Higher at 1.49, Up 0.68

Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.

The price of PLBY Group Inc (NASDAQ: PLBY) closed at $1.49 in the last session, up 0.68% from day before closing price of $1.48. In other words, the price has increased by $0.68 from its previous closing price. On the day, 0.56 million shares were traded. PLBY stock price reached its highest trading level at $1.55 during the session, while it also had its lowest trading level at $1.42.

Ratios:

We take a closer look at PLBY’s different ratios to gain a better understanding of the stock. 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:

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 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 133484192 and an Enterprise Value of 334571200. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.27. Its current Enterprise Value per Revenue stands at 4.635 whereas that against EBITDA is -31.418.

Stock Price History:

Over the past 52 weeks, PLBY has reached a high of $1.55, while it has fallen to a 52-week low of $0.52. The 50-Day Moving Average of the stock is 52.03%, while the 200-Day Moving Average is calculated to be 70.19%.

Shares Statistics:

According to the various share statistics, PLBY traded on average about 2.85M shares per day over the past 3-months and 576020 shares per day over the past 10 days. A total of 74.64M shares are outstanding, with a floating share count of 39.54M. Insiders hold about 55.86% of the company’s shares, while institutions hold 5.84% stake in the company. Shares short for PLBY as of 1731628800 were 2932140 with a Short Ratio of 1.03, compared to 1728950400 on 3630462. Therefore, it implies a Short% of Shares Outstanding of 2932140 and a Short% of Float of 4.21.

Most Popular