Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
As of close of business last night, Perimeter Solutions Inc’s stock clocked out at $9.53, down -0.94% from its previous closing price of $9.62. In other words, the price has decreased by -$0.94 from its previous closing price. On the day, 1.04 million shares were traded.
Ratios:
To gain a deeper understanding of PRM’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.37. For the most recent quarter (mrq), Quick Ratio is recorded 4.44 and its Current Ratio is at 6.31. In the meantime, Its Debt-to-Equity ratio is 0.70 whereas as Long-Term Debt/Eq ratio is at 0.69.
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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 22 ’24 when Cool Tracy Britt sold 50,000 shares for $12.81 per share. The transaction valued at 640,500 led to the insider holds 173,449 shares of the business.
Tracy Britt Cool bought 50,000 shares of PRM for $640,450 on Nov 22 ’24. On Nov 14 ’24, another insider, Khouri Haitham, who serves as the Chief Executive Officer of the company, sold 100,000 shares for $12.17 each. As a result, the insider received 1,217,000 and left with 329,989 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.54 while its Price-to-Book (P/B) ratio in mrq is 1.22.
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 $6.01. The 50-Day Moving Average of the stock is -21.08%, while the 200-Day Moving Average is calculated to be -14.59%.
Shares Statistics:
A total of 147.82M shares are outstanding, with a floating share count of 141.37M. Insiders hold about 5.54% of the company’s shares, while institutions hold 87.27% stake in the company.
