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The closing price of P10 Inc (NYSE: PX) was $7.40 for the day, down -2.50% from the previous closing price of $7.59. In other words, the price has decreased by -$2.50 from its previous closing price. On the day, 1.09 million shares were traded. PX stock price reached its highest trading level at $7.6 during the session, while it also had its lowest trading level at $7.375.
Ratios:
Our analysis of PX’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 26.75 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.44. In the meantime, Its Debt-to-Equity ratio is 0.80 whereas as Long-Term Debt/Eq ratio is at 0.77.
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, Morgan Stanley on March 04, 2024, Downgraded its rating to Equal-Weight and sets its target price to $9 from $12 previously.
On March 01, 2024, Keefe Bruyette Downgraded its rating to Mkt Perform which previously was Outperform and also lowered its target price recommendation from $12 to $10.
JP Morgan Downgraded its Overweight to Neutral on March 01, 2024, whereas the target price for the stock was revised from $15.50 to $9.50.
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 27 ’24 when Jensen Richard J. bought 55,000 shares for $8.35 per share. The transaction valued at 459,250 led to the insider holds 55,000 shares of the business.
Feinglass Michael sold 50,000 shares of PX for $403,400 on Mar 25 ’24. The now owns 204,005 shares after completing the transaction at $8.07 per share. On Mar 20 ’24, another insider, Feinglass Michael, who serves as the of the company, sold 51,730 shares for $8.17 each. As a result, the insider received 422,789 and left with 254,005 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, PX now has a Market Capitalization of 879504832 and an Enterprise Value of 1167118848. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.55 while its Price-to-Book (P/B) ratio in mrq is 2.23. Its current Enterprise Value per Revenue stands at 4.828 whereas that against EBITDA is 22.049.
Stock Price History:
Over the past 52 weeks, PX has reached a high of $13.41, while it has fallen to a 52-week low of $7.13. The 50-Day Moving Average of the stock is -10.49%, while the 200-Day Moving Average is calculated to be -25.25%.
Shares Statistics:
PX traded an average of 766.22K shares per day over the past three months and 695290 shares per day over the past ten days. A total of 57.62M shares are outstanding, with a floating share count of 45.11M. Insiders hold about 61.07% of the company’s shares, while institutions hold 28.00% stake in the company. Shares short for PX as of 1713139200 were 3000445 with a Short Ratio of 3.92, compared to 1710460800 on 2782131. Therefore, it implies a Short% of Shares Outstanding of 3000445 and a Short% of Float of 5.7299999999999995.
Dividends & Splits
With its trailing 12-month dividend rate of 0.128, PX has a forward annual dividend rate of 0.13. Against a Trailing Annual Dividend Yield of 0.016864296
