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The closing price of Par Pacific Holdings Inc (NYSE: PARR) was $18.95 for the day, up 1.34% from the previous closing price of $18.70. In other words, the price has increased by $1.34 from its previous closing price. On the day, 0.81 million shares were traded. PARR stock price reached its highest trading level at $19.11 during the session, while it also had its lowest trading level at $18.25.
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 5.93 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.71. For the most recent quarter (mrq), Quick Ratio is recorded 0.59 and its Current Ratio is at 1.63. In the meantime, Its Debt-to-Equity ratio is 1.33 whereas as Long-Term Debt/Eq ratio is at 1.07.
On August 09, 2024, TD Cowen reiterated its Buy rating and also upped its target price recommendation from $36 to $32.
On July 17, 2024, Mizuho started tracking the stock assigning a Outperform rating and target price of $33.Mizuho initiated its Outperform rating on July 17, 2024, with a $33 target price.
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. On Nov 27 ’23, another insider, PATE WILLIAM, who serves as the Chief Executive Officer of the company, sold 75,000 shares for $35.03 each. As a result, the insider received 2,627,250 and left with 483,019 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, PARR now has a Market Capitalization of 1067470592 and an Enterprise Value of 2320073984. As of this moment, Par’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.42, and their Forward P/E ratio for the next fiscal year is 6.82. 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 0.85. Its current Enterprise Value per Revenue stands at 0.265 whereas that against EBITDA is 4.245.
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 $18.00. The 50-Day Moving Average of the stock is -17.49%, while the 200-Day Moving Average is calculated to be -38.12%.
Shares Statistics:
PARR traded an average of 930.18K shares per day over the past three months and 960940 shares per day over the past ten days. A total of 59.76M shares are outstanding, with a floating share count of 54.80M. Insiders hold about 2.72% of the company’s shares, while institutions hold 95.92% stake in the company. Shares short for PARR as of 1724976000 were 2270614 with a Short Ratio of 2.44, compared to 1722384000 on 2189608. Therefore, it implies a Short% of Shares Outstanding of 2270614 and a Short% of Float of 4.9000002.
