Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $1.75 in the prior trading day, PLBY Group Inc (NASDAQ: PLBY) closed at $1.59, down -9.14%. In other words, the price has decreased by -$9.14 from its previous closing price. On the day, 0.99 million shares were traded.
Ratios:
Our goal is to gain a better understanding of PLBY by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.44 and its Current Ratio is at 1.44.
On August 10, 2023, Stifel reiterated its Hold rating and also upped its target price recommendation from $2 to $1.50.
ROTH MKM Downgraded its Buy to Neutral on May 11, 2023, while the target price for the stock was maintained at $2.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 20 ’24 when Kohn Bernhard L III sold 79,330 shares for $0.55 per share. The transaction valued at 43,949 led to the insider holds 2,661,346 shares of the business.
Kohn Bernhard L III sold 69,871 shares of PLBY for $43,362 on Aug 19 ’24. The CEO & President now owns 2,740,676 shares after completing the transaction at $0.62 per share. On Aug 21 ’24, another insider, Kohn Bernhard L III, who serves as the CEO & President of the company, sold 71,323 shares for $0.56 each. As a result, the insider received 40,105 and left with 2,590,023 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.41.
Stock Price History:
Over the past 52 weeks, PLBY has reached a high of $2.44, while it has fallen to a 52-week low of $0.52. The 50-Day Moving Average of the stock is -7.78%, while the 200-Day Moving Average is calculated to be 47.66%.
Shares Statistics:
A total of 74.64M shares are outstanding, with a floating share count of 47.32M. Insiders hold about 49.52% of the company’s shares, while institutions hold 11.56% stake in the company.
