In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
As of close of business last night, Pagaya Technologies Ltd’s stock clocked out at $8.86, down -1.01% from its previous closing price of $8.95. In other words, the price has decreased by -$1.01 from its previous closing price. On the day, 1.12 million shares were traded. PGY stock price reached its highest trading level at $9.21 during the session, while it also had its lowest trading level at $8.78.
Ratios:
To gain a deeper understanding of PGY’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 3.81 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.15. For the most recent quarter (mrq), Quick Ratio is recorded 1.17 and its Current Ratio is at 1.17. In the meantime, Its Debt-to-Equity ratio is 1.65 whereas as Long-Term Debt/Eq ratio is at 1.18.
On October 01, 2024, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $12.
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 15 ’24 when Torraco Nicole sold 2,371 shares for $8.92 per share. The transaction valued at 21,161 led to the insider holds 9,487 shares of the business.
NICOLE TORRACO bought 2,371 shares of PGY for $22,453 on Nov 15 ’24. On Nov 11 ’24, another insider, Yulzari Yahav, who serves as the Chief Business Officer of the company, sold 150,000 shares for $15.50 each. As a result, the insider received 2,324,790 and left with 161,637 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, PGY now has a Market Capitalization of 652588608 and an Enterprise Value of 1342666880. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.71 while its Price-to-Book (P/B) ratio in mrq is 1.40. Its current Enterprise Value per Revenue stands at 1.383 whereas that against EBITDA is 18.572.
Stock Price History:
Over the past 52 weeks, PGY has reached a high of $20.00, while it has fallen to a 52-week low of $8.20. The 50-Day Moving Average of the stock is -17.37%, while the 200-Day Moving Average is calculated to be -24.12%.
Shares Statistics:
It appears that PGY traded 2.22M shares on average per day over the past three months and 1787680 shares per day over the past ten days. A total of 60.16M shares are outstanding, with a floating share count of 38.15M. Insiders hold about 48.20% of the company’s shares, while institutions hold 32.30% stake in the company. Shares short for PGY as of 1732838400 were 7256831 with a Short Ratio of 3.27, compared to 1730332800 on 5808708. Therefore, it implies a Short% of Shares Outstanding of 7256831 and a Short% of Float of 15.85.
