Market Update: Patria Investments Ltd (PAX) Sees Positive Movement, Closing at 11.51

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In the latest session, Patria Investments Ltd (NASDAQ: PAX) closed at $11.51 up 0.88% from its previous closing price of $11.41. In other words, the price has increased by $0.88 from its previous closing price. On the day, 0.59 million shares were traded. PAX stock price reached its highest trading level at $11.57 during the session, while it also had its lowest trading level at $11.41.

Ratios:

For a deeper understanding of Patria Investments Ltd’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.71. In the meantime, Its Debt-to-Equity ratio is 0.38 whereas as Long-Term Debt/Eq ratio is at 0.32.

On May 21, 2021, Itau BBA started tracking the stock assigning a Outperform rating and target price of $21.Itau BBA initiated its Outperform rating on May 21, 2021, with a $21 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PAX now has a Market Capitalization of 1757715200 and an Enterprise Value of 1885260800. As of this moment, Patria’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.10, and their Forward P/E ratio for the next fiscal year is 8.65. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.07. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.62 while its Price-to-Book (P/B) ratio in mrq is 3.39. Its current Enterprise Value per Revenue stands at 5.735 whereas that against EBITDA is 13.555.

Stock Price History:

Over the past 52 weeks, PAX has reached a high of $16.16, while it has fallen to a 52-week low of $10.63. The 50-Day Moving Average of the stock is -3.87%, while the 200-Day Moving Average is calculated to be -7.49%.

Shares Statistics:

For the past three months, PAX has traded an average of 662.17K shares per day and 825160 over the past ten days. A total of 152.71M shares are outstanding, with a floating share count of 58.94M. Insiders hold about 61.41% of the company’s shares, while institutions hold 31.00% stake in the company. Shares short for PAX as of 1732838400 were 3739081 with a Short Ratio of 5.40, compared to 1730332800 on 2961822. Therefore, it implies a Short% of Shares Outstanding of 3739081 and a Short% of Float of 7.76.

Dividends & Splits

According to the company, the forward annual dividend rate for PAX is 0.87, from 0.923 in the trailing year. Against a Trailing Annual Dividend Yield of 0.08089395

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