Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of Platinum Group Metals Ltd (AMEX: PLG) was $1.55 for the day, down -3.13% from the previous closing price of $1.60. In other words, the price has decreased by -$3.13 from its previous closing price. On the day, 0.52 million shares were traded. PLG stock price reached its highest trading level at $1.615 during the session, while it also had its lowest trading level at $1.525.
Ratios:
Our analysis of PLG’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 4.67 and its Current Ratio is at 4.67. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
On June 07, 2013, BMO Capital Markets started tracking the stock assigning a Outperform rating and target price of $1.50.
RBC Capital Mkts Upgraded its Sector Perform to Outperform on January 23, 2013, whereas the target price for the stock was revised from $1.50 to $1.75.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PLG now has a Market Capitalization of 160370752 and an Enterprise Value of 184373840.
Stock Price History:
Over the past 52 weeks, PLG has reached a high of $2.27, while it has fallen to a 52-week low of $0.96. The 50-Day Moving Average of the stock is -7.97%, while the 200-Day Moving Average is calculated to be 3.28%.
Shares Statistics:
PLG traded an average of 621.51K shares per day over the past three months and 472150 shares per day over the past ten days. A total of 102.48M shares are outstanding, with a floating share count of 75.40M. Insiders hold about 26.58% of the company’s shares, while institutions hold 26.01% stake in the company. Shares short for PLG as of 1731628800 were 1719724 with a Short Ratio of 2.77, compared to 1728950400 on 1373435. Therefore, it implies a Short% of Shares Outstanding of 1719724 and a Short% of Float of 2.3800000000000003.
