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Pagaya Technologies Ltd (NASDAQ: PGY) closed the day trading at $8.60 down -1.94% from the previous closing price of $8.77. In other words, the price has decreased by -$1.94 from its previous closing price. On the day, 1.56 million shares were traded. PGY stock price reached its highest trading level at $8.72 during the session, while it also had its lowest trading level at $8.27.
Ratios:
For a better understanding of PGY, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.60 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.09. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 02 ’25 when Rosen Tami sold 21,547 shares for $9.97 per share. The transaction valued at 214,824 led to the insider holds 73,550 shares of the business.
Perros Evangelos sold 21,305 shares of PGY for $212,411 on Jan 02 ’25. The Chief Financial Officer now owns 54,029 shares after completing the transaction at $9.97 per share. On Jan 02 ’25, another insider, DAS SANJIV, who serves as the President of the company, sold 6,343 shares for $9.97 each. As a result, the insider received 63,240 and left with 75,528 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 645959808 and an Enterprise Value of 1316887424. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.67 while its Price-to-Book (P/B) ratio in mrq is 1.35. Its current Enterprise Value per Revenue stands at 1.356 whereas that against EBITDA is 18.216.
Stock Price History:
The Beta on a monthly basis for PGY is 6.15, which has changed by -0.36997128 over the last 52 weeks, in comparison to a change of 0.22263205 over the same period for the S&P500. 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 -15.85%, while the 200-Day Moving Average is calculated to be -25.56%.
Shares Statistics:
Over the past 3-months, PGY traded about 1.98M shares per day on average, while over the past 10 days, PGY traded about 1717700 shares per day. A total of 60.16M shares are outstanding, with a floating share count of 37.98M. Insiders hold about 48.43% of the company’s shares, while institutions hold 32.82% stake in the company. Shares short for PGY as of 1734048000 were 7578871 with a Short Ratio of 4.50, compared to 1731628800 on 6879290. Therefore, it implies a Short% of Shares Outstanding of 7578871 and a Short% of Float of 16.549999.
