Market Highlights: PLBY Group Inc (PLBY) Ends on a Low Note at 0.61

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The price of PLBY Group Inc (NASDAQ: PLBY) closed at $0.61 in the last session, down -8.75% from day before closing price of $0.67. In other words, the price has decreased by -$8.75 from its previous closing price. On the day, 0.56 million shares were traded. PLBY stock price reached its highest trading level at $0.68 during the session, while it also had its lowest trading level at $0.6007.

Ratios:

We take a closer look at PLBY’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.70 and its Current Ratio is at 0.90. In the meantime, Its Debt-to-Equity ratio is 14.23 whereas as Long-Term Debt/Eq ratio is at 13.80.

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 this company, Stifel on August 10, 2023, Reiterated its Hold rating but revised its target price to $1.50 from $2 previously.

On May 11, 2023, ROTH MKM Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $2.

On May 05, 2023, Jefferies started tracking the stock assigning a Buy rating and target price of $2.50.Jefferies initiated its Buy rating on May 05, 2023, with a $2.50 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 Aug 19 ’24 when Kohn Bernhard L III bought 69,871 shares for $0.62 per share.

Riley Christopher sold 46,348 shares of PLBY for $29,125 on Aug 14 ’24. The General Counsel & Secretary now owns 696,594 shares after completing the transaction at $0.63 per share. On Aug 15 ’24, another insider, Riley Christopher, who serves as the General Counsel & Secretary of the company, sold 41,553 shares for $0.63 each. As a result, the insider received 26,207 and left with 655,041 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, PLBY now has a Market Capitalization of 49234256 and an Enterprise Value of 251186368. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.36 while its Price-to-Book (P/B) ratio in mrq is 2.84. Its current Enterprise Value per Revenue stands at 1.996 whereas that against EBITDA is -35.19.

Stock Price History:

Over the past 52 weeks, PLBY has reached a high of $1.55, while it has fallen to a 52-week low of $0.43. The 50-Day Moving Average of the stock is -23.79%, while the 200-Day Moving Average is calculated to be -31.84%.

Shares Statistics:

According to the various share statistics, PLBY traded on average about 312.01K shares per day over the past 3-months and 477230 shares per day over the past 10 days. A total of 72.53M shares are outstanding, with a floating share count of 46.74M. Insiders hold about 36.74% of the company’s shares, while institutions hold 10.10% stake in the company. Shares short for PLBY as of 1722384000 were 2573029 with a Short Ratio of 8.25, compared to 1719532800 on 2505569. Therefore, it implies a Short% of Shares Outstanding of 2573029 and a Short% of Float of 4.8699997.

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