Market Highlights: Perimeter Solutions Inc (PRM) Ends on a Low Note at 12.97

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The price of Perimeter Solutions Inc (NYSE: PRM) closed at $12.97 in the last session, down -3.35% from day before closing price of $13.42. In other words, the price has decreased by -$3.35 from its previous closing price. On the day, 0.63 million shares were traded. PRM stock price reached its highest trading level at $13.62 during the session, while it also had its lowest trading level at $12.96.

Ratios:

We take a closer look at PRM’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.50 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.73. For the most recent quarter (mrq), Quick Ratio is recorded 2.95 and its Current Ratio is at 3.91. In the meantime, Its Debt-to-Equity ratio is 0.80 whereas as Long-Term Debt/Eq ratio is at 0.80.

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, UBS on October 11, 2023, Downgraded its rating to Neutral and sets its target price to $4.25 from $7 previously.

On June 09, 2022, Morgan Stanley started tracking the stock assigning a Overweight rating and target price of $14.

On April 14, 2022, UBS started tracking the stock assigning a Buy rating and target price of $15.UBS initiated its Buy rating on April 14, 2022, with a $15 target price.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 14 ’24 when Khouri Haitham sold 100,000 shares for $12.17 per share. The transaction valued at 1,217,000 led to the insider holds 329,989 shares of the business.

Khouri Haitham sold 80,156 shares of PRM for $974,697 on Nov 15 ’24. The Chief Executive Officer now owns 249,833 shares after completing the transaction at $12.16 per share. On Nov 13 ’24, another insider, Khouri Haitham, who serves as the Chief Executive Officer of the company, sold 80,000 shares for $12.05 each. As a result, the insider received 964,000 and left with 429,989 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, PRM now has a Market Capitalization of 1896577152 and an Enterprise Value of 2541199360. 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 1.88. Its current Enterprise Value per Revenue stands at 4.757 whereas that against EBITDA is -301.626.

Stock Price History:

Over the past 52 weeks, PRM has reached a high of $14.44, while it has fallen to a 52-week low of $3.84. The 50-Day Moving Average of the stock is -0.59%, while the 200-Day Moving Average is calculated to be 40.47%.

Shares Statistics:

According to the various share statistics, PRM traded on average about 772.25K shares per day over the past 3-months and 1368350 shares per day over the past 10 days. A total of 146.45M shares are outstanding, with a floating share count of 136.98M. Insiders hold about 5.68% of the company’s shares, while institutions hold 85.25% stake in the company. Shares short for PRM as of 1730332800 were 2171423 with a Short Ratio of 2.81, compared to 1727654400 on 2227319. Therefore, it implies a Short% of Shares Outstanding of 2171423 and a Short% of Float of 1.95.

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