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The closing price of Pagaya Technologies Ltd (NASDAQ: PGY) was $9.63 for the day, up 3.66% from the previous closing price of $9.29. In other words, the price has increased by $3.66 from its previous closing price. On the day, 1.26 million shares were traded. PGY stock price reached its highest trading level at $10.1 during the session, while it also had its lowest trading level at $9.37.
Ratios:
Our analysis of PGY’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 4.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.26. 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:
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 Nov 15 ’24 when Torraco Nicole sold 2,371 shares for $8.92 per share. The transaction valued at 21,161 led to the insider holds 9,487 shares of the business.
NICOLE TORRACO bought 2,371 shares of PGY for $22,453 on Nov 15 ’24. On Nov 11 ’24, another insider, Yulzari Yahav, who serves as the Chief Business Officer of the company, sold 150,000 shares for $15.50 each. As a result, the insider received 2,324,790 and left with 161,637 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 709303424 and an Enterprise Value of 1392752768. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.76 while its Price-to-Book (P/B) ratio in mrq is 1.52. Its current Enterprise Value per Revenue stands at 1.434 whereas that against EBITDA is 19.265.
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 -8.31%, while the 200-Day Moving Average is calculated to be -16.81%.
Shares Statistics:
PGY traded an average of 1.90M shares per day over the past three months and 1676640 shares per day over the past ten days. A total of 60.16M shares are outstanding, with a floating share count of 38.15M. Insiders hold about 48.20% of the company’s shares, while institutions hold 32.84% stake in the company. Shares short for PGY as of 1734048000 were 7578871 with a Short Ratio of 3.98, compared to 1731628800 on 6879290. Therefore, it implies a Short% of Shares Outstanding of 7578871 and a Short% of Float of 16.549999.
