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As of close of business last night, Porch Group Inc’s stock clocked out at $1.84, down -3.66% from its previous closing price of $1.91. In other words, the price has decreased by -$3.66 from its previous closing price. On the day, 0.68 million shares were traded. PRCH stock price reached its highest trading level at $1.905 during the session, while it also had its lowest trading level at $1.825.
Ratios:
To gain a deeper understanding of PRCH’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 0.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.86. For the most recent quarter (mrq), Quick Ratio is recorded 1.04 and its Current Ratio is at 1.04.
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, Loop Capital on March 15, 2023, Downgraded its rating to Hold and sets its target price to $2 from $4 previously.
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 Jun 06 ’24 when Tabak Shawn sold 15,000 shares for $2.02 per share. The transaction valued at 30,305 led to the insider holds 295,142 shares of the business.
Tabak Shawn sold 19,040 shares of PRCH for $76,956 on Mar 26 ’24. The CHIEF FINANCIAL OFFICER now owns 292,311 shares after completing the transaction at $4.04 per share. On Mar 21 ’24, another insider, Tabak Shawn, who serves as the CHIEF FINANCIAL OFFICER of the company, sold 25,678 shares for $4.00 each. As a result, the insider received 102,743 and left with 311,351 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, PRCH now has a Market Capitalization of 182503712 and an Enterprise Value of 304487648. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.40. Its current Enterprise Value per Revenue stands at 0.664 whereas that against EBITDA is -2.751.
Stock Price History:
Over the past 52 weeks, PRCH has reached a high of $4.78, while it has fallen to a 52-week low of $0.50. The 50-Day Moving Average of the stock is -41.46%, while the 200-Day Moving Average is calculated to be -17.30%.
Shares Statistics:
It appears that PRCH traded 1.44M shares on average per day over the past three months and 1076550 shares per day over the past ten days. A total of 97.06M shares are outstanding, with a floating share count of 76.11M. Insiders hold about 23.26% of the company’s shares, while institutions hold 51.45% stake in the company. Shares short for PRCH as of 1715731200 were 7727867 with a Short Ratio of 5.36, compared to 1713139200 on 7803736. Therefore, it implies a Short% of Shares Outstanding of 7727867 and a Short% of Float of 11.450000000000001.
